TheBuzz24

Goldman Sachs’s fixed income division disappointed investors this week, with revenue down 10% and about $910 million below expectations — a rare stumble for a flagship business. “I’d imagine that at Goldman, a fire is being lit under the traders, managers and risk overseers in FICC after such an underperformance,” veteran analyst Mike Mayo noted. […]

The global cruise industry is reporting record demand and renewed consumer enthusiasm. Some ships remain stranded in the Persian Gulf by the impasse at the Strait of Hormuz and fuel price volatility has put energy strategy front and center. Even as the industry navigates choppy seas, cruise companies are looking for their next avenues for […]

Treasury Secretary Scott Bessent tells CNBC’s Sara Eisen at the Invest in America Forum on Tuesday that the Trump administration expects banks to comply with a mandate to collect citizenship data. The administration has been considering an executive order to require banks to request additional documents from customers and earlier this week Bessent indicated the […]

U.S. stock futures were little changed on Wednesday night after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session. Furthermore, experts in earnings report note the continued relevance. S&P 500 futures and Nasdaq 100 futures both traded around the flatline. Futures tied to the Dow Jones Industrial Average rose […]

The president of SantaCon was arrested on a federal criminal indictment in Novel York City that accuses him of wire fraud. Stefan Pildes is accused of using the ticketed Christmas season bar-crawl event to divert hundreds of thousands of dollars earmarked for charity to personal utilize. Pildes “promoted SantaCon as an event grounded in charitable […]

Spirit Airlines could liquidate as early as this week, according to citizens familiar with the matter. The airline, which was trying to recover from its second bankruptcy in less than a year, is facing the added challenge of a spike in the price of fuel. Spirit mentioned in February that it was set to exit […]