The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.

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.

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.

On Monday, Trump will be sworn in as the 47th US president, making his vows over his mother’s Bible and another used by Abraham Lincoln in 1861. The ceremony at the US Capitol will feature country music singers Carrie Underwood and Lee Greenwood, who sells a $59.99 Bible endorsed by the president-elect.

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 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.

Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy...

The major indexes reclaimed their 50-day moving averages while bitcoin also rallied into Donald Trump's presidential inauguration. Many stocks flashed buy signals.

The man who wants to shrink the government will be adding a new agency performing tasks already covered by other agencies

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.

Like Clinton before him, Trump now faces the prospect of bond vigilantes becoming a potent check on his policy agenda, according to several former U.S. and foreign policymakers who faced market turmoil while in office.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.