Breaking News: Markets

A Goldman Sachs-backed electricity firm is making a play to reach more Americans’ homes

Goldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas energy retailer…

U.S. economy added 353,000 jobs in January, much better than expected

Job growth posted a surprisingly strong increase in January, demonstrating again that the U.S. labor market is solid and poised…

Top wealth manager Julius Baer caught in property write-off storm as CEO steps down

Swiss bank Julius Baer on Thursday reported hefty net credit losses tied to its exposure to real estate group Signa…

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…

Jeffrey Gundlach says all the ‘Goldilocks’ talk makes him nervous, thinks recession is still likely

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a “Goldilocks” economic scenario benefiting risk assets,…

You hear the market expects six Fed rate cuts this year — here’s where that data comes from

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We…