So far in 2022, both the stock and bond markets have posted serious losses. To find another market that looks like this one, you’d have to go all the way back to 1969, according to data from BlackRock. The S&P 500 is down nearly 24% year-to-date, and the Bloomberg Barclays …

David Solomon, Goldman Sachs, at Marcus event Goldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. After product delays, executive turnover, branding confusion, regulatory missteps and deepening financial losses, Solomon on Tuesday said the firm was …

As bizarre as it might sound, there may actually be a connection between online candle reviews and the next wave of Covid-19. Initial claims about a link between Yankee Candle reviews on Amazon and a rise in cases of Covid were posted on Twitter and later explored on the platform …

RyanJLane | E+ | Getty Images After a difficult year for the stock market, investors have poured money into Series I bonds, a nearly risk-free and inflation-protected asset that’s paying a record 9.62% annual interest through October. With the rate expected to drop to roughly 6.48% in November, there’s a …

Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, speaks during the Earthshot Prize Innovation Summit in New York, US, on Wednesday, Sept. 21, 2022. The first-ever Earthshot Prize Innovation Summit brings together climate leaders to showcase transformative solutions that repair and regenerate the planet. Bloomberg | Bloomberg | …

A wild economy and confusing job market could be tanking some Gen Zer’s expectations to get married, have kids or even adopt a pet. Some 86% of Gen Z interns think a recession is coming, according to Goldman Sachs’ 2022 global internship survey of more than 2,470 interns over the …

As Halloween approaches, the cost of candy continues to surge — by more than 13.1% in the U.S. since last September, according to the latest Bureau of Labor inflation data.  That makes it more expensive than you’re probably planning to budget this year. The average household says it’s planning to …

Win-initiative/neleman | Stone | Getty Images The Biden administration officially launched the application for federal student loan forgiveness on Monday — and scammers are already “on the move” to capture borrowers’ money and personal information, the Federal Trade Commission warned Tuesday. Tens of millions of Americans are eligible for debt …

For women in management, there’s never been a better time to quit.  Women leaders are leaving their companies at the highest rate ever, and the gap between women and men in senior roles quitting their jobs is the largest it’s ever been, according to new data from LeanIn.org and McKinsey …

Scott Olson | Getty Images McDonald’s will sell Krispy Kreme doughnuts in select restaurants later this month for the first time. Starting Oct. 26, the fast-food giant will sell Krispy Kreme doughnuts at nine locations in the Louisville, Kentucky, area as part of a test. McDonald’s said the test will …