Goldman Sachs profits plunge 58% as dealmaking dries up

View in Browser July 19, 2023 Dow 35,061.21 0.31% S&P 500 4,565.72 0.24% NASDAQ 14,358.02 0.03% Last updated July 19 at 4:59 PM ET     Goldman Sachs profits plunge 58% as dealmaking dries up Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.    Read full article   Wheat prices soar as Russia-Ukraine tensions flare Global inflation is finally coming down, but heightened geopolitical tensions could mean that food is about to get a lot more expensive.    Read full article   Bank CEOs are already complaining about new regulations they haven't even seen yet Earnings season is officially underway, which means the CEOs of America's largest banks get to update the public about the health of their firms and their economic outlooks.    Read full article   If you win the lottery, here's what you should (and shouldn't) do So, you won the lottery. Congrats! What do you do now?    Read full article   Universal under investigation after it trimmed trees that shaded SAG-AFTRA protesters The Los Angeles City Controller's office is investigating after NBCUniversal severely trimmed a row of trees outside its studios where members of SAG-AFTRA were picketing company executives, eliminating shade during a searing heatwave.    Read full article   Amazon is inundated with shoppers desperately trying to cool off Consumers are snapping up air conditioners, ice makers, pool floats and other goods to help them cool down in response to a brutal heat wave in the United States.    Read full article   Today's movers CLBR 13.89 54.51% Colombier Acquisition Corp. Class A CVNA 55.80 40.20% Carvana Co. Class A SXTP 3.30 36.36% 60 Degrees Pharmaceuticals, Inc. CTCX 6.51 24.21% Carmell Therapeutics Corporation Class A KWE 2.07 20.99% KWESST Micro Systems Inc VIGL 7.77 16.45% Vigil Neuroscience, Inc. Last updated July 19 at 4:10 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com MARKETS NOW You are receiving this email because you signed up for updates from Markets Now.   No longer want to receive these updates? Unsubscribe. Interested in more? See all of our newsletters.   Create CNN Account | Listen to CNN Audio | Download the CNN App    ® © 2023 Cable News Network, Inc. A Warner Bros. Discovery Company. All Rights Reserved. One CNN Center Atlanta, GA 30303