Ed Emerson, Goldman executive who earned more than $100M since 2020, to ‘retire’ after clashing with CEO David Solomon: report

One of Goldman Sachs’ highest-paid executives is leaving the bank early next year after raking in roughly $100 million over the past three years — even more than CEO David Solomon, according to a report. Ed Emerson — a 47-year-old trader who leads Goldman’s commodities business and whose pay exceeded Solomon’s $77.5 million during the … Read more

Are Long-time Investors Losing Faith in Bitcoin? Experts Explain

Bitcoin just cannot seem to catch a break from its southward price trajectory this year. Currently trading at $21,454.37, the largest cryptocurrency has already slipped 51.82% in value to date in 2022. Naturally, long-term investors aka HODLers are seriously rattled. No wonder BTC is leaving crypto exchanges in droves. The trend began shortly after the … Read more

Chinese police arrest man for spreading stock market rumours amid prolonged equities slump

A man in the southwestern Chinese province of Sichuan has been arrested for spreading rumours about the stock market amid a crackdown by law enforcement on acts that undermine the country’s fragile economic recovery. A 30-year-old man in Chengdu, the capital of Sichuan and a commercial hub, was detained over suspicions he used news about … Read more