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Wall Street's largest banks ended 2025 on a strong note and executives struck an upbeat tone for the year ahead, even as U.S. President Donald Trump's proposed cap on credit card interest rates kept the industry on edge.
Goldman Sachs regained its crown as the top investment bank for equities trading in the fourth quarter, ending Morgan Stanley’s three-month period of supremacy over its longtime
The biggest US banks cut their combined headcount last year by the most in almost a decade as executives sought to keep a lid on costs through what’s typically the biggest expense line item.
U.S. stocks finished lower on Wednesday, led by a drop in the Nasdaq, with technology shares declining as investors moved into more defensive areas, while bank stocks extended recent losses following some mixed quarterly results.
Wall Street ticked to more records after bouncing back from early losses taken because of worries about the worsening feud between the White House and the Federal Reserve.
Wall Street's relationship with the Trump administration is souring. Bank executives warned the White House on Tuesday that President Donald Trump's policies and the Justice Department's investigation into Federal Reserve Chairman Jerome Powell could harm the economy.
President Donald Trump’s proposal to impose a one-year 10% cap on credit card interest rates is being met with indifference on Wall Street, according to TV host Jim Cramer. Wall Street ‘Doesn’t Seem To Care’ Cramer said Trump has “decided that credit card companies will have to cap rates at 10% for a year,
US stock futures climbed on Friday, led again by tech as Wall Street looked for back-to-back gains to end a volatile week of solid bank earnings and geopolitical jitters. Wall Street is regrouping after a switchback week,