Goldman Sachs’ exclusive — and bloated — ‘management committee’ of top bankers can get even bigger: insiders

Goldman Sachs’ exclusive — and bloated — ‘management committee’ of top bankers can get even bigger: insiders

Goldman Sachs’ exclusive “management committee” of top bankers has become bloated under CEO David Solomon, according to critics – but some insiders are betting it’s about to get even bigger. The Wall Street giant is expected at the end of the month to make major changes to the powerful panel known internally as “MC,” which…

Inflation rose slightly in December as fight to tame prices continues

Inflation rose slightly in December as fight to tame prices continues

Comment on this storyComment Add to your saved stories Save Inflation rose slightly in December, offering the latest sign that the economy has made significant progress since prices spiked to four-decade highs — but there’s still a ways to go, especially on housing costs, which dominate the budgets of households nationwide. Data released Thursday by…

World Economic Forum ditches Greta Thunberg for Sam Altman in push toward AI: sources

World Economic Forum ditches Greta Thunberg for Sam Altman in push toward AI: sources

Goodbye, Greta – and hello, Sam. Those flying into next week’s World Economic Forum in Davos, Switzerland are quietly rejoicing that climate activist Greta Thunberg –  a notable fixture at the conference in recent years – isn’t expected to make an appearance this time around, sources told On The Money. Instead, OpenAI boss Sam Altman…

‘Forever chemicals’ in microplastics spark over $250B a year health crisis: study

‘Forever chemicals’ in microplastics spark over $250B a year health crisis: study

Microplastics found in the US food and water supply that contain “forever chemicals” are contributing to a quarter of a trillion dollar a year health crisis, according to a new study. In 2018 alone, exposure to the small plastics — which the Mayo Clinic has linked to heart health, hormone imbalances and even cancer —…

This new job trend may be the answer to quiet quitting — here’s how it could help you thrive

This new job trend may be the answer to quiet quitting — here’s how it could help you thrive

The workforce trends of 2023 focused largely on employee burnout and decreased job satisfaction, as seen through such trends as quiet quitting, “bare-minimum Mondays” and “boreout,” the TikTok sensation. Yet with the latest viral career trend, “managing up,” there seems to be a shift in focus.   Three job experts weighed in on how this latest trend is…

SEC makes it easier to trade bitcoin in landmark decision

SEC makes it easier to trade bitcoin in landmark decision

Comment on this storyComment Add to your saved stories Save The Securities and Exchange Commission voted Wednesday to allow Wall Street firms to offer easier ways to buy and sell bitcoin on financial markets, a major decision that could lead to the cryptocurrency becoming more mainstream just over a year after the crypto markets crashed….

As bitcoin enters the mainstream ETF market, here’s what to know

As bitcoin enters the mainstream ETF market, here’s what to know

Comment on this storyComment Add to your saved stories Save Now that regulators have cleared the way, regular investors will have easier access to the most mainstream — and valuable — cryptocurrency through bitcoin exchange-traded funds, or ETFs. The Securities and Exchange Commission’s decision Wednesday followed numerous setbacks for the digital assets sector, including several…

Airbus Shatters Record for Jet Orders as Demand Soars

Airbus Shatters Record for Jet Orders as Demand Soars

Updated Jan. 11, 2024 2:43 pm ET LONDON—Airbus, the world’s biggest plane maker, smashed its near-decade old record for the highest number of orders in a single year, as airlines scramble to secure the limited availability of new aircraft. The company said it had booked 2,319 gross orders last year, more than twice the number…