Goldman’s Big Hedge Fund Bet Was Perfectly Timed

Published on July 17, 2025

Goldman reported record equity trading revenue in second-quarter earnings on Wednesday and trounced its peers with a rebound in investment banking revenue that was fueled by a 70% jump in deal-making fees versus the same period last year.

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The Public Stock Market Isn’t Enough Anymore

July 17, 2025
The sharp division between public and private securities was a major bulwark of financial regulation from the New Deal in the 1930s to the end of the 20th century.

Unemployment Claims Down 7K, Lower Than Expected

July 17, 2025
In the week ending July 12th, initial jobless claims were at a seasonally adjusted level of 221,000. This represents a decrease of 7,000 from the previous week's figure. The latest reading was lower than the 233,000 forecast.