Wework Has News Today

Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal res...

Raised its production guidance for the full year. michelle fleury reporting there. elsewhere on wall street this morning, nine companies including wells fargo have been fined more than half a billion dollars because of their employees use of messaging apps. employed in —— according to the security and exchange commission the companies admitted employees used things like whatsapp and signal to discuss company business in direct violation of the record—keeping rules. meanwhile, co— working...