After more than two years of work-from-home policies, some Wall Street firms have determined it's time for employees to return to the office after Labor Day.

The stock market relief rally could fade soon as investors confront scorching-hot inflation and continued interest rate hikes from the Federal Reserve.

Goldman Sachs is under investigation by the CFPB related to its credit card business, one that is expected to bring in over $4 billion in revenue by 2024.

Managing Director and Head of Goldman Sachs Personal Financial Management Joe Duran provided a timeline as to when the United States could expect a recession.

Here is a FOX Business roundup of the companies that have either laid employees off or halted or slowed hiring.

Goldman Sachs CEO David Solomon said factors, including high inflation and slower hiring, means the chance of a recession in the coming years is high.

Second-quarter earning reports for big financial firms were mixed as Goldman Sachs reported a better-than-expected $7.39, or a 2.5% gain

Revenue at the global markets unit, which houses Goldman's trading desks, jumped 32% to $6.47 billion, with fixed income, commodities and trading revenue surging 55% and equities revenue adding 11%.

Wells Fargo, Bank of America, Goldman Sachs and Morgan Stanley increased their dividends on Monday after they cleared the Fed's annual stress test exercise last week.

Though Goldman Sachs is skeptical of both cryptocurrency exchanges, its analysts believe Robinhood offers a "more balanced risk reward."

The U.S. economic outlook is darkening, according to a group of Goldman Sachs strategists, who raised the odds of a recession in the next two years to 48%.

The Federal Reserve may successfully engineer a "soft landing," and bring inflation down without causing a recession, according to Goldman Sachs economists.

Stock equities are likely to see further losses, according to Goldman Sachs strategists, until the Federal Reserve signals that interest rate hikes are coming to an end.

Partnership for New York City president and CEO Kathryn Wylde says Mayor Eric Adams, Gov. Kathy Hocul, NYPD and MTA leadership need public support for stronger measures ranging from "prosecution of fare evasion to ankle bracelets for felons awaiting trial to institutionalization of the seriously mentally ill."

The index has already plunged in recent weeks as concerns over sky-high inflation, rising interest rates and a darkening economic outlook continue to weigh on the market.

Former Goldman Sachs CEO Lloyd Blankfein said on Sunday that he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise interest rates to tackle rising inflation.

An investment fund backed by Goldman Sachs has recently purchased an entire community of 87 single-family rental homes in Central Florida for just over $45.7 million, according to reports.

Goldman Sachs and JPMorgan Chase are both mulling the possibility of covering the travel cost for employees seeking an abortion, according to a new report.

Goldman Sachs strategists led by Jan Hatzius said the probability of an economic downturn within the next 24 months is 38%.

The Federal Reserve may inadvertently trigger an economic recession next year as it moves to tame the hottest inflation in four decades, according to Goldman Sachs economists.