The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.
Investors brace for a volatile ride as President-elect Donald Trump’s second term gets underway on Monday, bringing the promise of significant policy shifts.
Donald Trump listens to Goldman Sachs CEO David Solomon in 2020. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our ...
Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman Sachs sees stocks benefiting from the biggest expected company buybacks in at least five years.
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission data find that investors — from big asset managers to hedge funds — are the most optimistic about the dollar’s upside since 2019.
Goldman Sachs chief economist Jan Hatzius is bullish on the outlook for the U.S. economy, in large part because he doubts Donald Trump’s incoming administration will be able to make good on its ...
The tariffs Trump has threatened would ding profits and stocks. But investors think Trump's threats of a punishing trade war are overblown.
The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec. 6 and come ahead of Donald Trump's return to the White House next week. Trump has been critical of efforts by governments to prescribe climate-change policies.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. U.S. markets will be closed Monday for the Martin Luther King holiday. Donald Trump's inauguration also will be Monday,
Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy...