STORY: Cassidy said weakness in the investment banking business is the primary reason for the layoffs. "The IPO business this year for Goldman and the industry was down approximately 80%," said Cassidy.
Just over 3,000 employees will be let go, one of the sources said, but the final number is yet to be determined. That scale of layoffs would be the largest since the 2008 financial crisis.
Former NBA guard Darius Morris has died at the age of 33. He played for five teams during his four NBA seasons. Morris played college basketball at Michigan.
Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. The rules governing trust accounts just changed.
Phil Mickelson hints that big changes could be coming to LIV Golf's rosters, and the majors will need to pay attention.
Miami Heat president Pat Riley rebuked comments Jimmy Butler made about the Boston Celtics and New York Knicks, while also implying that his star needs to play more.
Jake Mintz & Jordan Shusterman discuss the Padres-Marlins trade that sent Luis Arraez to San Diego, as well as recap all the action from this weekend in baseball and send birthday wishes to hall-of-famer Willie Mays.
An annual government report offered a glimmer of good news for Social Security and a jolt of good news for Medicare even as both programs continue to be on pace to run dry next decade.
The quality was choppy, but it was better than what the WNBA had.
Our NBA staff makes its picks for Knicks-Pacers and every second-round series.
Fantasy baseball analyst Dalton Del Don delivers his latest batch of hot takes as we enter Week 6 of the season.
Which teams did the best in the NFL Draft?
The Yahoo Fantasy football analysts reveal their first running back rankings for the 2024 NFL season.
Yahoo Sports' Charles McDonald breaks down the Broncos' 2024 draft.
Race organizers say they'll revoke a Trump fundraiser's suite license if he holds an event for the former president on Sunday at the race.
Rudy Gobert may not play due to the birth of his first child.
Larson won by 0.001 seconds.
A dominant LIV win and a heartbreaking PGA Tour loss headline this week's top golf stories
CVS warns it could cede Medicare Advantage market share as reimbursement rates pressure the company.
The 150th Kentucky Derby produced yet another magnificent two-minute spectacle.
Elon Musk’s decision to dismiss much of Tesla’s Supercharger team this week came as a shock. A look at possible reasons why he did it.
The 2023-024 NBA season isn't yet over. A number of teams are still dreaming of championship glory. But for those that have been bounced from the playoffs, it's time to reassess and re-evaluate for next season.