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.

LIVERMORE, Calif.--(BUSINESS WIRE)--Jul 11, 2023--

By Richard Cowan and Leah Douglas WASHINGTON Democrats in the U.S. Congress expressed frustration with President Joe Biden's

A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande's plans for restructuring its more than $300 billion in debts

By M. Sriram BENGALURU Blackstone said on Monday it will buy a majority stake in India's Care Hospitals

By Rodrigo Campos NEW YORK A measure of debt across the globe rose in the first quarter to

(Reuters) -Peloton Interactive Inc will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue,

By David Lawder SAN FRANCISCO Trade ministers from members of an Asian free trade pact abandoned by the

WASHINGTON U.S. job openings unexpectedly rose in April and data for the prior month was revised higher, pointing

By Chris Taylor When you think of those most likely to get scammed online, what kind of person comes to

By Navya Mittal Australia's Domino's Pizza Enterprises said on Tuesday it would shut 27 stores in Denmark, and

By Peter Hobson LONDON The United Arab Emirates has become a key trade hub for Russian gold since