Finance

David Solomon of Goldman Sachs Andrew Harrer | Bloomberg | Getty Images Goldman Sachs CEO David Solomon took a moment to bask in his firm’s recent performance before raising the company’s medium-term financial targets. Solomon on Thursday reminded the audience at a Credit Suisse conference that back in 2020, at Goldman’s first-ever Investor Day, he
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Take a look at some of the biggest movers in the premarket: Monster Beverage (MNST), Constellation Brands (STZ) – Merger talks between Monster Beverage and Constellation Brands are progressing, according to people familiar with the matter who spoke to Bloomberg. Those people say an agreement between the two companies could be reached within weeks if
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St. Louis Federal Reserve President James Bullard made his case for a rapid move higher in interest rates, saying Monday that the central bank needs to react to accelerating inflation. “I do think we need to front-load more of our planned removal of accommodation than we would have previously. We’ve been surprised to the upside
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The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path. The
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The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Expedia — Shares of the travel company jumped more than 5% in extended trading after a better-than-expected earnings report. Expedia posted adjusted earnings
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