Goldman Sachs sees stocks enduring 'less pain but also no gain' in 2023

U.S. equity investors reeling from a disappointing year in the stock market may not have much to look forward to going into 2023, according to strategists at Goldman Sachs.

Wall Street's 2023 outlook for stocks

It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead.

Countdown begins to Fed's last meeting of 2022: What to know this week

A parcel of economic data awaits Wall Street this week as investors inch closer to the Federal Reserve’s final rate-setting meeting this year.

Sam Bankman-Fried says unlikely to testify in Dec 13 House Committee hearing

Sam Bankman-Fried, the former chief executive of FTX, indicated on Sunday that he is unlikely to testify in the upcoming U.S. House committee's hearing on the collapse of his crypto exchange, saying he is still "learning and reviewing what happened." In a tweet to the Financial Services Committee Chair Maxine Waters and the committee, Bankman-Fried, who has been alleged to misappropriate customer funds, suggested he will testify at a later time. The U.S. House Financial Services Committee announced last month that it plans to hold a hearing in December to investigate the collapse of the crypto exchange FTX, which before the implosion was one of the world's largest.

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  FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda

  The Wall Street Journal
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  Bill Ackman says he sees why FTX victims want Sam Bankman-Fried to ‘suffer’ severe consequences ‘including jail time’

  MarketWatch