Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
Indonesia unexpectedly cuts rates and lowers growth forecast
Indonesia’s central bank has unexpectedly cut interest rates despite a weakening rupiah, citing slowing growth momentum in ...
Analysis-Trump's US presidency return ushers in new era of volatile markets
Donald Trump's inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving ...
Goldman Sachs Investment Banking Fees Jump 24% as Dealmaking Picks Up
Goldman Sachs drove $7.73 billion of investment banking revenue in 2024, up 24% from a year earlier, thanks to significantly ...
US Dollar edges lower – Scotiabank
The US Dollar (USD) is modestly lower for a second day. US PPI came in below consensus expectations yesterday, Scotiabank's ...
Wells Fargo profits rise on strong investment banking performance
The US Federal Reserve imposed a $1.95 trillion asset cap in 2018 that prevents Wells Fargo from growing until regulators ...
5 things to know before the stock market opens Wednesday
Here are five key things investors need to know to start the trading day: 1. Inflation watch. Stock futures are higher ...
Goldman Sachs profit surges as investment banking, trading fuel Q4 growth
Profit rose to $4.11 billion, or $11.95 per diluted share, for the three months ended Dec. 31, compared with $2.01 billion, ...
Dow Jones Today: Stock Futures Rise as Investors Digest Bank Earnings, Await Inflation Data
Stock futures moved higher Wednesday morning as several big banks released strong quarterly earnings reports, while market participants awaited a key inflation report.