Goldman Sachs says Trump’s tariffs could bruise stocks, estimating every 5 percentage point increase would slash S&P 500 earnings-per-share by 1-2%
Before the U-turn on tariffs, Goldman Sachs said “there is a substantial probability that the tariffs on Canada and Mexico ...
Stock market today: Dow, S&P 500, Nasdaq recover as China hits back on tariffs, traders assess new jobs data
Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war ...
Federal Reserve ends two Wells Fargo consent orders
NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...
US job openings post biggest drop in 14 months, falls to 7.6 mn in December
Job openings, a measure of labor demand, decreased 556,000 to 7.6 million on the last day of December, the Labor Department's ...
Job Market Stayed In Low Hiring, Low Firing Limbo In December
The job market stayed in a holding pattern with little hiring, firing, or quitting. With no sign of distress or severe unemployment, there is little pressure on the Federal Reserve to cut interest ...
Pennsylvania governor seeks more money for schools and transit, but relies heavily on surplus cash
Gov. Shapiro will seek more money for underfunded public schools and public transit in his budget proposal unveiled Tuesday, ...