Friday, January 13, 2023

Why Goldman Sachs isn't too worried about a recession

America's largest financial institutions are pivoting into a new industry: Meteorology.
CNN Business: Markets Now
 
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Why Goldman Sachs isn't too worried about a recession
America's largest financial institutions are pivoting into a new industry: Meteorology. Read more »
 
Delta decided against using 'fairly old' backup system during FAA outage
Delta Air Lines has a backup to the federal aviation safety system that failed this week, but the airline decided against using it, CEO Ed Bastian said Friday. Read more »
 
Delta trims guidance on cost of pilots labor deal
Delta Air Lines reported very strong fourth-quarter results Friday that beat forecasts, capping its first profitable year since before the pandemic. But a new labor deal with its pilots union will trim profitability going forward. Read more »
 
Exclusive: Rocket CEO says housing isn't a buyer's or a seller's market. Now it's even
Covid-19 set off an epic housing boom that left first-time homebuyers feeling desperate amid relentless bidding wars and all-cash offers. Read more »
 
Bank earnings fail to impress investors as recession worries rise
JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street's forecasts Friday, but investors were nonetheless disappointed. Read more »
 
Tim Cook agrees to a massive pay cut
Apple CEO Tim Cook has agreed to cut his pay this year after shareholders rebelled. Read more »
 
 
 
 
Dow Nasdaq S&P
+112.64   +78.05   +15.92
34,302.61   11,079.16   3,999.09
+0.33%   +0.71%   +0.40%
YTD +3.49%   YTD +5.85%   YTD +4.16%
 
Biggest Winners
Wells Fargo & Co +3.25%
 
Stanley Black & Decker Inc +3.06%
 
Target Corp +3.04%
 
Las Vegas Sands Corp +2.75%
Biggest Losers
NORTHROP GRUMMAN CORP -5.44%
 
Ford Motor Co -5.29%
 
General Motors Co -4.75%
 
Delta Air Lines Inc -3.54%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $80.08 +1.69 / +2.16%
Gold $1,924.20 +25.40 / +1.34%
10-yr 3.51% +0.06
Euro $1.08 -0.00 / -0.22%
More Markets Now
 
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