Markets Now

Goldman Sachs profits plunge 58% as dealmaking dries up

Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank’s business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.  
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Wheat prices soar as Russia-Ukraine tensions flare

Global inflation is finally coming down, but heightened geopolitical tensions could mean that food is about to get a lot more expensive.  
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Bank CEOs are already complaining about new regulations they haven't even seen yet

Earnings season is officially underway, which means the CEOs of America’s largest banks get to update the public about the health of their firms and their economic outlooks.  
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If you win the lottery, here's what you should (and shouldn't) do

So, you won the lottery. Congrats! What do you do now?  
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Universal under investigation after it trimmed trees that shaded SAG-AFTRA protesters

The Los Angeles City Controller’s office is investigating after NBCUniversal severely trimmed a row of trees outside its studios where members of SAG-AFTRA were picketing company executives, eliminating shade during a searing heatwave.  
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Amazon is inundated with shoppers desperately trying to cool off

Consumers are snapping up air conditioners, ice makers, pool floats and other goods to help them cool down in response to a brutal heat wave in the United States.  
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Source: CNN Business