For decades, Goldman alumni have helped steer the American economy. Steven Mnuchin, Hank Paulson and Robert Rubin were Goldman executives before become Treasury secretaries, and Gary Cohn left the ...

The net pension liability of the four retirement funds the city contributes to rose about 5% to $37.2 billion as of Dec. 31, 2023, according to the city’s latest annual financial report. The institute ...

StoneX Group Inc., the New York-based financial services company, agreed to buy R.J. O’Brien & Associates in a $900 million deal to bulk up in global derivatives.

GIX plans to be the first exchange in the US dedicated to the sustainability economy. The SEC approval order is “an important step forward for sustainability-minded investors and companies,” said Dan ...

Earnings Hopes Bulls are clinging to hopes for a crucial stretch when Corporate America reports its earnings and updates its growth outlook. Stock market optimist Tom Lee of Fundstrat, for example, ...

In New York, real estate is increasingly something you inherit — not buy. The share of Manhattan home sales involving a trust — a preferred tool for passing on wealth — surged to 28% last year in a ...

In a Internal Legal Memorandum (ILM) last month, the IRS examined five hypothetical cases of taxpayers trying to deduct money they lost to scammers. The losses could be deductible if incurred in a ...

Goldman Sachs Group Inc.’s stock traders posted their highest quarterly revenue haul on record, riding a wave of volatility triggered by an emerging global trade war that’s roiled financial markets.

In a separate note, Citigroup’s head of US equity strategy Scott Chronert reduced his year-end target for the S&P 500 to 5,800 from 6,500, implying an 8% gain from Friday’s close. He slashed his ...

Tuition at law and business schools can easily result in more than six figures of loan debt. Plus, the interest rate on grad school loans can be higher. For the 2024-25 school year, they carried an ...

“One of the very important assets that the Federal Reserve has is its credibility, and that is manifested in anchored longer-term inflation expectations,” Boston Fed President Susan Collins told Yahoo ...

In Turkey, Morgan Stanley revised forecasts this week to indicate a weaker lira by year-end, and recommended against carry trades. The US tariffs turmoil has probably cost Turkey another $10 billion ...