Goldman Sachs, Pulling Back From Consumer Lending, Posts 33% Profit Drop

[ad_1] Updated Oct. 17, 2023 10:16 am ET Goldman Sachs reported lower profit for the third quarter, hurt by losses from selling off pieces of its consumer-lending business and a…

These Companies Are Being Squeezed by Higher Rates

[ad_1] Soaring interest expenses are turning the bottom line red at an increasing number of companies with low credit ratings, a problem that is expected to worsen as the rates…

Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a Clue

[ad_1] JPMorgan, Wells Fargo and Citigroup will report third-quarter results on Friday, followed by others next week. [ad_2] Source link

The Rich and Famous Love This Banker, Even If She’s a Little Mean to Them

[ad_1] Even the wealthy borrow, and Martha Stewart, Carl Icahn and Ron Perelman go to Bank of America’s Jane Heller when they need to. [ad_2] Source link

WSJ News Exclusive | Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition

[ad_1] The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares. [ad_2] Source link

WSJ News Exclusive | New Tax-Credit Market Aims to Funnel Billions to Clean Energy

[ad_1] First deal in federal program helps fund $1.5 billion wind-energy transaction. [ad_2] Source link

Gabon Joins Blue Bond Wave With $500 Million Debt Refinancing

[ad_1] Gabon completed mainland Africa’s first-ever “debt-for-nature swap” Tuesday, refinancing $500 million of its debt and earmarking $163 million in savings for marine conservation, the latest in a burgeoning list…

Stocks Resume Slide After Bank Downgrades

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When Markets Get Scary, Mom and Pop Buy Gold

[ad_1] Joe Susanno lost thousands of dollars from his retirement account betting on biotech shares in early 2021. Now the 44-year-old integration engineer from Gloucester, Mass., is putting his money…

Bank Stocks Lead Market Higher After Clearing Fed Tests

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