The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.
JPMorgan Chase, Goldman Sachs and Pinterest are just a few of the companies whose leaders say they will still emphasize diversity, as the new administration’s war on such policies ramps up.
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
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.
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 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.
Companies' abandonment of DEI policies could also be cited in future lawsuits as evidence of animus against certain groups of workers, and deprive employers of the ability to defend against discrimination claims by pointing to their policies and training programs, lawyers said.
Groups working with businesses on climate action said they see no retreat from climate goals despite Donald Trump's pledge to end what he calls a "green scam."
After posting earnings growth in the fourth quarter, Goldman Sachs is optimistic about 2025 — especially as Donald Trump returns to the White House. Goldman CEO David Solomon and CFO Denis ...
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
Crude prices dropped over 1 percent on Monday as US President Donald Trump's fresh tariff threats and demands for lower oil prices weighed on global markets.
Oil prices fell over 1% on Monday after U.S. President Donald Trump urged OPEC to reduce oil prices to pressure Russia amid the ongoing Ukraine war. Brent crude dropped 1.11% to $77.63 a barrel, while U.