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.
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 has delayed implementing tariffs on Canada and Mexico, leaving financial markets to wonder if the new Feb. 1 deadline is for real.
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 promises to drastically reduce budget deficits or immigration into the U.
The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.
Donald Trump's inauguration and the preceding meme coin launch have sent ripples through the crypto ecosystem, with his administration’s early signals sparking both optimism and scepticism within the industry.
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
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.
Though Trump is set to reshape the future of AI in America, there's another corporate investment set to take off under his leadership.
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 has raised its dollar exchange rate forecast against major global currencies. The dollar is expected to become more expensive due to the strong US economy and Donald Trump's tariff increases,
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.