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Goldman Sachs posts $5.5 billion profit as the stock market booms

Goldman Sachs posts $5.5 billion profit as the stock market booms
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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16 GOP governors will axe weekly unemployment checks to incentivize returning to work, but experts say federal aid isn't slowing job growth

16 GOP governors will axe weekly unemployment checks to incentivize returning to work, but experts say federal aid isn t slowing job growth
oseddiq@insider.com (Oma Seddiq)
© Justin Sullivan/Getty Images
A customer walks by a now hiring sign at a BevMo store on April 02, 2021 in Larkspur, California. Justin Sullivan/Getty Images
16 Republican governors plan to end weekly federal unemployment benefits.
They claim that jobless aid is discouraging people from seeking work.
But experts say fear of sickness and lack of childcare are also contributing to the hiring slump.
The coronavirus outbreak in the US appears to be abating, with the government ramping up its vaccine capability, rolling back mask-wearing mandates, and lifting restrictions. ....

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Goldman Sachs investing over $10B to bolster Black women

Goldman Sachs investing over $10B to bolster Black women
Celine Castronuovo
© Getty Images
Goldman Sachs investing over $10B to bolster Black women
Goldman Sachs on Wednesday announced a new initiative to invest $10 billion to bolster at least 1 million Black women over the next 10 years.
The project, called One Million Black Women, will commit $10 billion in direct investment capital and $100 million in philanthropic support to address the dual disproportionate gender and racial biases that Black women have faced for generations, which have only been exacerbated by the pandemic, according to the investment banking firm s website.
The company added that it will invest in a wide range of areas to focus on key moments in Black women s lives from early childhood through retirement, including health care, education, housing and small business. ....

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Goldman Sachs is losing 2 consumer banking execs to Walmart. Here's a look at how the powerhouse Wall Street bank has been making a Main Street push.

Goldman Sachs is losing 2 consumer banking execs to Walmart. Here s a look at how the powerhouse Wall Street bank has been making a Main Street push.
insider@insider.com (Business Insider)
Goldman Sachs CEO David Solomon is taking big steps to transform the bank.
Goldman has been pushing into consumer banking and wealth management.
Here s the latest news on Goldman Sachs.
Popular Searches
It s taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it s making big pushes into businesses like wealth management and consumer banking. ....

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Wall Street powerhouse Goldman Sachs is going through a massive transformation under CEO David Solomon

Goldman Sachs is losing 2 consumer banking execs to Walmart. Here s a look at how the powerhouse Wall Street bank has been making a Main Street push.
insider@insider.com (Business Insider)
Goldman Sachs CEO David Solomon is taking big steps to transform the bank.
Goldman has been pushing into consumer banking and wealth management.
Here s the latest news on Goldman Sachs.
Popular Searches
It s taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it s making big pushes into businesses like wealth management and consumer banking. ....

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