Goldman Sachs is set to take a $400 million pre-tax hit in the third quarter due to the unwinding of its General Motors credit card platform and the sale of real estate loans. The bank is in talks to hand over its GM credit card business to Barclays, a deal that would see the transfer of roughly $2
It seems we can't agree on anything these days. But one thing that unites a divided nation? The outrage over CEO pay gaps so wide they make the Grand Canyon look like a pothole. A recent survey found that Democrats, independents and Republicans all think businesses should shrink their CEO-to-worker
Could getting a driver's license soon be easier for low-income teens in Wisconsin? The state has launched a new Driver Education Grant Program, aiming to make driving lessons more accessible. The program, funded by $6 million from the governor's budget, will cover the cost of driver's ed for eligi
Prospect Capital (NASDAQ: PSEC) shares jumped in after-hours trading on the back of a strong earnings beat for its fiscal fourth quarter. The business development company posted net investment income per share of $0.25, easily topping analyst expectations of just $0.18. However, some key metrics di
