Goldman Sachs Group Inc. recommended selling West Texas Intermediate crude and buying North Sea Brent contracts for December 2014 as supplies accumulate on the U.S. Gulf Coast .
West Texas Intermediate crude fell, capping its biggest weekly drop in more than a month, after rising U.S. durable goods orders bolstered concern that the Federal Reserve will scale back stimulus efforts.
Investors trying to explain the resilience of American equities during a global selloff may want to consider the pace that companies are repurchasing shares.
The New York Times got a look at some e-mails between Wall Street's pack of lobbyists and some of D.C.'s most powerful legislators.
Investment gurus, pundits, and especially the media watch Warren Buffett, chairman and CEO of Berkshire Hathaway, like a hawk in the hopes of learning his strategies and perhaps achieving a similar stature.
In an otherwise routine shareholder meeting in Salt Lake City, Goldman Sachs on Thursday released a report detailing actions the Wall Street firm has taken to improve its business practices after a series of embarrassing missteps that stained its reputation in the aftermath of the financial crisis.
During the crash of 2008 and 2009, when stocks and bonds were at one point tanking in tandem, some commentators lamented the fact that only the wealthiest retirement savers had access to the kinds of protective strategies that hedge funds use.
Without admitting or denying wrongdoing, Neil Morrison, 38, accepted what the SEC said was the first industry ban for violating "pay-to-play" rules governing the $3.7 trillion municipal bond market.
Goldman Sachs Group Inc. linked bonuses and promotions to employees' success in protecting the firm's reputation and put new restrictions on some client transactions to avoid a repeat of the damage to its standing in the wake of the financial crisis.
After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs CEO Lloyd Blankfein is claiming a victory in getting his bank, and his legacy, back on track.
Canaccord Genuity joins Goldman Sachs in predicting that the Standard & Poor's 500 Index will continue to climb for at least two more years.
Big bank Goldman Sachs holds its annual shareholder meeting Thursday. Five years ago, during the financial crisis, Goldman's CEO Lloyd Blankfein was a poster boy for overpaid executives.
The Financial Industry Regulatory Authority's CEO Richard Ketchum said the regulator would consider a proposal this July, that would require brokers to disclose their bonuses to clients.
A group of investment firms including Citadel Securities LLC sued the Chicago Board Options Exchange Inc and four other exchanges on Wednesday for improper charges on millions of options trades over a seven-year period.
The Class A Ordinary Shares are expected to begin trading on or about May 27, 2013 on the New York Stock Exchange under the symbol "CSTM" and on NYSE Euronext Paris under the symbol "CSTM". The offering is expected to close on or about May 29, 2013, subject to customary closing conditions.
While recent national surveys show U.S. students haven't stepped up their knowledge of economics since the 2007 financial crisis, the "Millennial" generation at least had a first-hand view of the perils of leverage.