Commodity markets are pricing in elevated odds that US President Donald Trump’s sanctions against Canadian imports will include raw materials like oil, according to Goldman Sachs Group Inc., which warned of higher gasoline prices in the Midwest if penalties cover crude flows.
Trump is reportedly weighing a pardon for Fugees star Pras Michel, facing 22 years in prison for federal conspiracy and corruption charges.
Steve Feinberg’s Cerberus Capital Management tapped Goldman Sachs Group Inc. for a potential sale of all or part of his ownership stake in the firm as he prepares to take a role in the Trump administration.
What does President Donald Trump's executive order directing federal agencies to "encourage" private companies to abandon DEI policies mean for businesses?
If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.
Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes
U.S. President Trump said that his administration could impose a 25% tariff on Mexican exports. But will he actually act on his threat?
Fourth quarter results have been exceptional for US banks, led by Goldman Sachs whose earnings per share (EPS) exceeded expectations by more than 45 per cent.
Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
Wall Street’s main indexes closed higher on Tuesday, with the S&P 500 and the Dow hitting their highest in more than a month, as investors assessed Donald Trump’s first actions as president and breathed relief that he did not start his second term with blanket tariff increases.
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.”
Donald Trump is “very serious” about unleashing unilateral tariffs on neighbors Mexico and Canada without even giving them a chance to negotiate. Some of Trump’s closest advisors said the dramatic action could take place within days.