The investment bank assembled a pool of stocks that would benefit from surging interest rates.
Source
This is one of Goldman’s best-performing stock portfolios this year for clients
Business
Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon
Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan Chase credit facility, the company told CNBC exclusively. The new relationship means eligible U.S. Amazon vendors can apply for and access capital directly through […]
Read More
Business
Ford to record $19.5 billion in special charges related to EV pullback
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be followed by $5.5 billion in […]
Read More
Business
Frontier Airlines replaces CEO Barry Biffle with carrier’s president
Barry Biffle, president and chief executive officer Frontier Airlines, prior to a Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights hearing in Washington, DC, US, on Tuesday, Sept. 30, 2025. Kent Nishimura | Bloomberg | Getty Images Frontier Group Holdings, the parent of budget carrier Frontier, replaced its nearly decade-long CEO, Barry Biffle, […]
Read More