Goldman Sachs will pay a $1.45 million civil fine to settle a U.S. regulator’s claims that the Wall Street bank failed to accurately report data for billions of stock market trades.
Read More Goldman Sachs fined for failing to properly report billions of trades
A new April jobs report has revealed that the U.S. economy added 177,000 jobs last month, which exceeded analysts expectations due to tariff concerns.
Read More April Job Gains Reach 177K, Showing Resilience Amid Tariff Concerns
Wall Street’s main indexes advanced on Thursday as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for the technology sector.
Read More Nasdaq leads gains on Wall Street as Microsoft, Meta surge
U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.
Read More Wall Street job cuts loom as market turmoil stalls deals
Shares of Intel surged nearly 15% on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO.
Read More Intel jumps nearly 15% as investors cheer appointment of new CEO Tan
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concerns