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Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares. Source link
Why Bacon Might Get More Expensive
Wholesale pork-belly prices are surging as the state’s new animal-welfare measure takes effect. Source link
Dow Adds to Streak of Gains as Bank Results Reassure Investors
Stocks rose, bringing an eighth consecutive day of gains for the Dow, as bank results and easing inflation overseas helped sustain the recent rally. Source
Goldman Sachs Isn't Transforming Fast Enough
The bank’s shrinking principal investment holdings still make earnings too volatile Source link
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Is the Banking Crisis Over? We Could Be About to Find Out
Banks’ earnings for the second quarter will show whether the recent failures of three lenders and a slowing economy are eroding what has been a
Rebound in Rates Puts Pressure on Banks
U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. Source link
Stocks Withstand Earnings-Day Declines From Goldman Sachs, Johnson & Johnson
Bank of America was among the other big companies reporting Tuesday. Source link
Goldman Sachs Reports Lower Profit
Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source