Getty Images Key takeaways Amazon plans to lay off around 10,000 employees beginning as soon as this week The online retail giant represents another in a growing chain of tech firms slashing head coun...
Tag: Jan Hatzius
Goldman Sachs CEO David Solomon Weighs In On The State Of America’s Small Businesses, Markets And More
Goldman Sachs CEO David Solomon in Washington, DC. getty It’s less than a day following Goldman Sachs’ second-quarter earnings where the firm beat Wall Street’s expectations off of strong bond trading...
Stock Market Could Crash Another 20% If U.S. Plunges Into Recession—These Industries Are Most At Risk
Topline As a growing number of investment banks and company chiefs warn the likelihood of a recession is increasing, analysts at Morgan Stanley are telling clients that the stock market—despite reelin...
‘Catastrophic’ Stock Market Crash Isn’t Over—Here’s How Much Worse It Could Get
Topline As a weeklong sell-off that’s pushed major indexes down into bear-market territory intensifies, investment banks are warning clients the worst may be yet to come, with some experts warni...