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Goldman sees a ‘feasible but difficult path’ for the Fed to defeat inflation without a recession

Construction workers outside the Marriner S. Eccles Federal Reserve Building, photographed on Wednesday, July 27, 2022 in Washington, DC.Kent Nishimura | Los Angeles Times | Getty ImagesThe Federal Reserve's path to bringing down runaway inflation while keeping the economy from slipping into a...

Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month

Goldman Sachs is planning on cutting several hundred jobs this month, making it the first major Wall Street firm to take steps to rein in expenses amid a collapse in deals volume.The bank is reinstating a tradition of annual employee culls, which have...