Goldman Sachs says these stocks could see strong earnings growth this year
The S&P 500 may only rise slightly this year, but these stocks could be bright spots for earnings growth, according to Goldman Sachs.
Crypto lender Genesis Trading lays off 30% of workforce
Barry Silbert’s Genesis Trading reduced headcount by 30%, or 60 jobs, as the crypto lender fends off a potential bankruptcy filing after the collapse of FTX.
CNBC Pro Talks: Goldman’s top picks in the energy sector, which it sees winning again this year
CNBC Pro takes you to the Goldman Sachs Global Energy Conference in Miami. Brian Sullivan sits down with Goldman Sachs Head of Americas Natural Resources Equity Research Neil Mehta to discuss the macro outlook for the energy sector and which stocks Meh…
U.S. targets non-compete clauses that block workers from getting better jobs
The Federal Trade Commission proposed a rule that would ban companies from requiring workers to sign noncompete provisions as well as some training repayment agreements.
China’s new Covid surge is crippling the world’s most important factories and biggest ports
The surge in Covid-19 cases in China is impacting the completion of manufacturing orders, according to CNBC Supply Chain Heat Map data.
Dow closes 300 points lower after strong jobs data signals more rate hikes
Investors will watch for more data on the labor market Friday.
Silvergate Capital tanks more than 40% after crypto bank discloses massive fourth-quarter withdrawals
The bank, which was tied to failed crypto exchange FTX, reported a decline of nearly 70% in customer deposits last quarter.
Prince Harry reportedly alleges in new book that brother William physically attacked him
Prince Harry’s upcoming autobiography details an alleged fight in which his older brother, the future British king Prince William, pushed him to the floor, according to a report in The Guardian newspaper.
Pope Benedict’s funeral draws thousands to the Vatican
Thousands gathered at the Vatican on Thursday for the funeral of Pope Emeritus Benedict XVI, presided by Pope Francis.
Abu Dhabi’s Mubadala, Alpha Dhabi to enter credit markets via new venture
Abu Dhabi state fund Mubadala Investment Co and UAE-based conglomerate Alpha Dhabi plan to deploy up to 9 billion dirhams ($2.5 billion) in credit markets in a joint venture.
