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Goldman Sachs notches worst annual profit in four years

Wall Street giant Goldman Sachs reported its lowest annual profit since 2019, due to a failed expansion into consumer banking and losses from the economic slowdown that hit its core business last year. , the Wall Street giant announced Tuesday. Goldman Chief Executive David Solomon told analysts the move hurt earnings even as the bank […]

Rangers’ recent skid ‘not the worst thing’

WASHINGTON — The Rangers are hoping they can become a better team after going through a tough period, going 1-3-1 in their last five games with a 22-13 loss. As the Blueshirts prepare for this weekend's matinee home-and-home series against the Capitals, they are looking at their longest losing streak of the season as a […]

Citi to cut 20K jobs after worst fourth-quarter loss in 15 years

Citigroup plans to cut 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter profit in 15 years on Friday. CEO Jane Fraser, who announced a sweeping overhaul to consolidate the divisions last November, cut the New York-based bank's global headcount to 180,000. I am aiming to do that. Citi […]

Global Economy on Track for Worst Half-Decade of Growth

The World Bank warned on Tuesday that the global economy was on track for its worst growth in five years, the worst in three decades, and predicted growth would pick up in 2025. According to CNBC, the bank's World Economic Outlook report predicts global economic growth will slow to 2.4% in 2024 from 2.6% in […]

10 Best and Worst Dressed from the 2024 Golden Globes

The Golden Globes kicked off awards season last night, and you know what that means. Fashion Notes details who makes the right call and who should fire the stylist. let's start! Best Dressed Award: Jeremy Allen White “Atelier Calvin Klein” This “minimalist luxury” double-breasted tuxedo suit, as Calvin Klein designers called it, is a relaxed […]