GOLDMAN SACHS

Days before third quarter earnings season began on Tuesday with Alcoa’s (NYSE:AA) earnings report, many analysts were optimistic because expectations have been set so low.

The Raine Group has closed its inaugural $475 million private equity fund, the entertainment and media investment company said Tuesday.

Goldman Sachs Group Inc will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said.

Goldman Sachs Group Inc. will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said.

New York City's securities industry could lose nearly 10,000 jobs by the end of 2012, according to a report by New York state's comptroller Thomas DiNapoli.

Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failure, said U.S. congressional investigators in a report released on Monday.

The ongoing crisis at Yahoo may now have tempted some new parties including Singapore’s Temasek as well as Bain Capital, joining other parties said to include Facebook, Microsoft, Providence Equity Partners and Alibaba Group.

India's software services companies are set to report strong revenue growth when they kick off their quarterly earnings next week. However, a slowing U.S. economy and the debt crisis in Europe may crimp orders.

Hedge fund manager John Paulson lost more money in September thanks to ill-timed bets on an elusive economic recovery that left one of his biggest funds off 47 percent, two people who saw the numbers said on Saturday.

Turmoil in the stock market has “frozen” initial public offerings by technology companies and could harm development and job growth, National Venture Capital Association President Mark Heesen warned.

It is said that behind every successful man there is a woman. This seemed right in the case of Steve Jobs.

Mortgage Rates Reach An All-Time Low: A Financial Tragedy

Steve Jobs is survived by his wife Laurene Jobs, who was the love of the Apple co-founder's life.

A draft proposal of the Volcker rule that cracks down on banks' proprietary trading gives firms flexibility to hedge risk, and sets stringent limits on such trading beyond U.S. borders to address fears the rule will put U.S. firms at a disadvantage.

Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.

In 2008, Microsoft tried -- and spectacularly failed -- to buy Yahoo at a price of $33 per share, which valued the company at about $47.5 billion. Yahoo now has a market cap of about $20 billion and is trading at just under $16 per share.

The euro zone's services sector shrank for the first time in two years in September as new orders dried up, stoking fears that the region's economy could be heading back into recession.

South African share prices rose on Wednesday with investors snapping up stocks they felt had been over-sold and as positive sentiment seeped back into global markets after Europe said it would protect the region's lenders from the euro zone crisis.

Goldman Sachs Group Inc. has predicted recessions in France and Germany as the European debt crisis persists. It believes that both AAA-rated countries have the potential for downgrades in the future.

Yahoo Inc's long-time advisers Goldman Sachs Group Inc and Allen & Co are preparing to give potential buyers financial information, in a sign the troubled Internet giant is ready to put itself on the block, sources close to the situation said.

Big U.S. stocks are providing some shelter from cascading world equity markets but they are far from a safe haven.