LA fire officials say the area isn't out of the danger zone even as people begin to survey the horrific damage
LA fire officials noted progress fighting wildfires ravaging the area, but said there was still "extreme" danger ahead with ...
Heard on the Street Recap: Rate-Cut Hopes Inflate
Who says you can't ring in the New Year 15 days late? Stocks jumped across the board on Wednesday thanks to a strong mix of big bank earnings, revived hopes for interest rate cuts and even a [dash of ...
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
Goldman Sachs Full-Year Profit Rises 68%
Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking ...
Why stocks and bonds are on a tear today
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
Analysis-Inflation Revival Persists as Market Risk Despite CPI-Fueled Rally
While the consumer price index for December rose at a faster-than-expected pace, markets seized on the core CPI, which ...
Here's What Big Bank CEOs Said About the US Economy Today
In comments today, bank execs were broadly bullish about the U.S. economy, touting a rosy outlook for M&A volume growth and ...
California wildfires could slow the economy and boost inflation — and that’s not even the worst of it, economists say
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from ...
Goldman Sachs' David Solomon says credit-card pact with Apple may end before 2030
"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude ...
Apple Card's future in question as Goldman Sachs CEO eyes early exit
Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses ...
Why S&P 500's financials sector is on pace for its best day since early November
The U.S. stock market was broadly rallying on Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX was up 1.8% on Wednesday afternoon, while the Dow Jones ...