{"type":"rich","version":"1.0","title":"Goldman Sachs Is Having a Bad Year","description":"Investment bank Goldman Sachs said its first quarter profits dropped by 56 percent from a year earlier, as the Wall Street firm was not immune from the difficult trading environment last quarter that hurt much of its competition.\n\nGoldman earned $1.2 billion, or $2.68 per share, in the first quarter after payments to preferred stockholders. That's down from $2.75 billion, or $5.94 per share, in the same quarter a year earlier.\n\nThe results beat Wall Street's forecasts.","author_name":"TIME's Top Stories","author_url":"https://audioboom.com/channels/3380207-time-s-top-stories","provider_name":"Audioboom","provider_url":"https://audioboom.com","width":480,"height":95,"thumbnail_url":"https://audioboom.com/i/21228521/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":""}