World’s Biggest Gold Miner Makes $17 Billion Acquisition Bid

There’s gold in them there… mergers and acquisitions. Newmont, the world’s largest gold miner by output, announced Monday it’s making an offer for Australia’s biggest miner, Newcrest, valuing it at $17 billion. Gold M&A has been steadily gaining traction over…

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Goldman Sachs’ Latest Stumble Gives Morgan Stanley the Lead

Goldman Sachs has its David, but Morgan Stanley is Wall Street’s investment banking Goliath. The shrinking economy unsurprisingly made itself felt in the results Goldman Sachs and Morgan Stanley released Tuesday morning. But how the latter managed the downturn is…


Uber Earnings Pop on Increased Ridership

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Uber just posted a five-star quarter. As other tech titans take a beating this earnings season, the perpetually stalled-out rideshare leader on Tuesday reported one of its strongest earnings results ever — due to a massive increase in ridership. It…


Meet the New Real-Life Billionaire’s Boy’s Club

Goldman Sachs

Warren’s bankers make a move.


Credit Suisse Looks to Skinny Down to Move Forward

Is Credit Suisse preparing for a major shake-up?


Theragun Makers Raise $165 Million Funding Round

Massage gun maker Therabody reloads with new funding round.

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Big US Regional Banks Could Face New Crisis Regulations

America’s large regional banks could be hit with post-2008 crisis regulations they initially escaped.


EY Top Brass Announce Plan to Split Big Four Auditor

Ernst & Young’s leaders want to break up their firm.


Goldman Sachs Considers Delaying Online Checking Accounts

Goldman Sachs isn’t ready to commit to consumer checking accounts.


State Pensions, University Endowments Take a Beating in Market Rout

Teachers may be leaving the profession in record numbers this year following their tour of duty on the pandemic frontlines, but there isn’t much sanctuary, safety, or security to be found in retirement either. On Tuesday, data released from the…


The Upper-Middle Class Members Feel the Pain of Inflation

The pandemic, with canceled vacation plans and fewer sprawling nights out on the town, inadvertently helped just about everyone pad their savings accounts. But, thanks in large part to inflation, the bill is finally coming due. One surprising group is…

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