Big Banks Quit Climate Change Groups Ahead of Trump’s Term
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
Will Trump Go Through With Tariffs This Time?
Company earnings to show who prepared for Trump tariffs, advisor says
Mike Mussio, president of FBB Capital Partners, said quarterly earnings results should reflect which companies pre-bought imported supplies, such as lumber, in preparation for President Trump's tariffs.
Trump tells world business leaders to make in America or face tariffs
The new US president is delivering a virtual address, one of the first major speeches of his presidency, at the World Economic Forum in Davos.
There's been a ‘meaningful shift' in CEO confidence since Trump's election, says Goldman's Solomon
The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.
5 charts that explain Trump's presidency so far
Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.
Prediction: Donald Trump's Presidency Will Fuel a Greater Than $4 Trillion Investment -- and It Has Nothing to Do With Artificial Intelligence (AI)
Though Trump is set to reshape the future of AI in America, there's another corporate investment set to take off under his leadership.
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
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 makes surprising pivot on interest rates
When Donald Trump was sworn in as the 47th president of the United States, Goldman Sachs Chief Economist Jan Hatzius said the U.S.economy was in the sweet spot of healthy growth and gradual disinflation. "We estimate that real GDP grew 2.6% in Q4 and expect a similar pace in 2025," he said in a research note.
Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation
The biggest reason for the likely persistence of higher borrowing costs is the surprising resilience of the economy following the upheavals of the pandemic, trillions of dollars of government financial support from Trump and former President Joe Biden, an inflation spike, and several rounds of recession fears.
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Trump prepares opening moves on trade
President Trump said he was considering Feb. 1 as a start date for tariffs against Canada and Mexico, directing federal agencies to assess compliance with recent trade agreements.
Dow climbs over 400 points — as Wall Street not fearing Trump tariffs yet
Wall Street’s main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump’s executive orders after taking office and awaited his first move on trade policy. In morning trading, the Dow Jones Industrial Average rose 423 points, or 1%, to 43,911.
Oil News: Will Trump’s Energy Independence Push Propel Crude Prices Higher?
Trump’s energy independence push may fuel U.S. oil output, but will WTI prices lag Brent? Discover how policy shifts could shape crude oil markets during his presidency.
HEDGE FLOW Hedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, especially luxury goods, according to a Goldman Sachs note on Wednesday seen by Reuters on Thursday.