Inside the Goldman Sachs marketing push that has some execs perplexed
The Wall Street giant set out to build a marketing 'army' under its first CMO. Some high-level insiders question whether it's paid off.
Finance
How Morgan Stanley is courting startup employees with Carta deal
Morgan Stanley is building a pipeline of wealth clients with IPOs set to rebound in 2025.
Wall Street bonuses are expected to boom for the first time since 2021
Johnson Associates predicts Wall Street bonus increases of as much as 35% as dealmaking resumes. See who's in line for the biggest bumps.
Warren Buffett's Berkshire Hathaway reveals new bets on Domino's Pizza and Pool Corp.
Warren Buffett's Berkshire Hathaway took a bite of Domino's Pizza and waded into the swimming pool business even as it pared several much larger bets.
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hedged its positions.
Chase is driving the future of banking through a digital and tech overhaul
Discover how Chase is driving innovation with cloud, AI, and collaboration to transform banking for 84M customers and 6.9M small businesses.
Markets are ripping past all-time highs after Donald Trump's electoral victory. Here's why doomsday investors aren't convinced.
A Trump presidency should benefit investors who thrive in chaotic conditions, but investors are not knocking on their door just yet.
An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while raising its GameStop position by more than 40%.
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FTX is suing super PACs and dark-money groups to claw back over $38 million in political giving
Lawyers for FTX are trying to claw back money for creditors, seeking $38 million paid to PACs and political nonprofits ahead of the 2022 elections.
Jeff Bezos just invested in laundry-folding robots
Jeff Bezos just invested in a robot company called Physical Intelligence. Its robots can fold laundry and put eggs in a carton.
The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and AMD
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Meta, Goldman Sachs, Google, and Tesla are among those shedding staff.
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO Masayoshi Son regretted selling the stock early.
Warren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.
Warren Buffett's Berkshire Hathaway has pared key bets such as Apple and spent little on stocks, boosting its cash pile to record levels.
Builders have 108,000 unsold homes. Good luck trying to buy one.
Builders have too many new homes on their hands. But before they slash prices, they have another option: sell to investors in the rental market.
Intel is far from becoming the American chipmaking powerhouse the US needs
Intel is struggling to overcome a series of challenges and establish itself as a globally competitive chipmaker.
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.
How 9 newly minted Goldman Sachs partners celebrated their big day, from the 'quick little happy dance' to popping Champagne in the office
There were celebrations across Goldman Sachs last week after it promoted 95 executives to partner. Here's how nine new partners marked the occasion.
Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising
Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $335 billion at Monday's market close.
Matthew McConaughey says chasing wealth can leave you lost and alone — and he'd be happy with 1/50th of his fortune
"Interstellar" star Matthew McConaughey said getting richer stops improving your life as much after a while, and relationships matter too.
Trump's plan for Social Security would help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-income retirees and younger generations.
Check out the more than 60 pitch decks fintechs used to raise millions in funding from top investors
Here are the pitch decks that fintechs used to raise millions of dollars, from seed rounds to Series D.
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Citadel Securities hires 20-year Microsoft vet in a new tech leadership role
Herb Sutter is a leading expert in C++, a critical coding language for the giant market maker.
The youngest member of Goldman's 2024 partner class takes us inside his big day, from his call with President John Waldron to celebrating with his boss
Feroz Khosla, 35, is the youngest Goldman executive in the class of new partners the bank promoted this week.
Billionaires, bold bets, and young men made the election feel like 2021's meme-stock saga — just way bigger
Elon Musk and Mark Cuban rallied memesters and then voters, traders made big bets, and young men played key roles in both events.
The list of major companies requiring employees to return to the office, from The Washington Post to Amazon
Companies requiring workers to return to the office include Starbucks, Amazon, and BlackRock. View a list of RTO mandates across business and tech.
Here are Big Tech's winners and losers from Donald Trump's win, according to the market
Apple shares were the laggard over the past two trading days, while Tesla and Google stood out as stock market gainers.
Investors accuse the ex-CEO of the company that helped take Trump Media public of stiffing them out of millions of shares
The lawsuit alleges Florida businessman Patrick Orlando "engaged in malicious and intentional self-dealing of monumental proportions."
See the 95 executives Goldman Sachs tapped to join its exclusive partnership — a record high under David Solomon
Goldman's 2024 partner class reflects growth in dealmaking and wealth management. A record 26 women were tapped to join the firm's highest ranks.
Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump
Amazon founder Jeff Bezos' net worth soared to an all-time high of $228 billion on Wednesday, according to Bloomberg's Billionaires Index.
2 crypto tycoons are almost $15 billion richer after Trump's election victory
Binance founder Changpeng Zhao and Coinbase CEO Brian Armstrong became a whole lot wealthier on the back of Donald Trump's election win.
Citi needs a white knight. Donald Trump's 2nd term might provide one.
Trump's promise of light regulation could solve one of Citi's biggest problems.
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JPMorgan execs call for unity in a memo to staff on Trump's victory
Top JPMorgan executives, including CEO Jamie Dimon, called for Trump to work on "bringing our nation together" in a memo to staff.
Private equity giant KKR is in talks to acquire the adtech company Integral Ad Science
A take-private deal by a private equity firm like KKR could help IAS grow further without the quarterly Wall Street scrutiny.
Goldman CEO David Solomon addresses Trump's victory in a memo to staff
David Solomon told staff that Goldman Sachs would work with Donald Trump's administration 'in support of sound policies.'
Volatility, higher rates, and surging bitcoin. Here's what analysts are saying about Trump's victory.
The economic impact of a second term for Donald Trump is likely to be volatile, with public spending set to remain high, one commentator wrote.
Market winners and losers as Donald Trump triumphs in the presidential race
Shares of Trump's social media company, Elon Musk's Tesla, and both Coinbase and MicroStrategy jumped in anticipation of a second Trump term.
A free AI tool can help you apply to hundreds of jobs per day. Users said there are risks, but they're worth it.
A tool called AIHawk is helping some job seekers apply for hundreds of jobs a day on LinkedIn. But users said there are risks.
Why your nest egg is Apollo's 'single biggest opportunity' for growth
Apollo CEO Marc Rowan on Tuesday explained how guaranteeing income for life and 401(k)s stand to be a major growth engine for the $733 billion firm.
The financial ties between China and Saudi Arabia keep getting deeper
China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.
Home Depot co-founder Bernie Marcus has died at 95
Bernie Marcus co-founded The Home Depot in 1978 and became a billionaire, giving big donations to Republican politicians like Donald Trump.
Meet this year's 10 biggest wealth gainers — who are now $429 billion richer
Nvidia's Jensen Huang and Meta's Mark Zuckerberg are both up more than $70 billion in 2024 as the AI boom boosts technology stocks.
Why quant giant D.E. Shaw seeks out academics, doctors, and veterans to work at the $60 billion hedge fund
The firm is known for recruiting talent from outside of finance to work at the long-running asset manager.
Schonfeld is leading its peers a year after the $11.6 billion firm ended tie-up talks with Millennium. How the industry's biggest funds did in October.
Schonfeld had another strong month in October, outpacing its rivals Citadel and Millennium.
What is a Joint Credit Card and How Does It Work?
Discover how joint credit cards work, their benefits, risks, and what you should consider before opening one with someone else.
Morgan Stanley's new innovation head lays out his plan for more OpenAI-type partnerships
After a week of meetings with top tech executives in Silicon Valley, Morgan Stanley's innovation leader reveals to Business Insider what's top of mind.
Warren Buffett's Berkshire Hathaway hoarded cash, sold stocks, and halted buybacks ahead of the election
Warren Buffett's Berkshire Hathaway built a record cash pile, reduced its Apple and Bank of America stakes, and halted stock buybacks last quarter.
Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral, the FT reported.
Who Wall Street thinks will win the election
Professional investors in a SumZero survey, along with other big finance names, have said they expect a win for former president Donald Trump.
My wife and I inherited $250,000 and bought a camper to travel the country. I have no regrets about how we spent the money.
When his mother-in-law died, Chris Mott and his wife received $250,000. They used the money to completely change their lifestyle.
Banks and the federal government point fingers as Americans lose billions to online scams
Banks and the federal government are debating the best way to address rampant online scams, which have led to billions in losses for consumers.