The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in the business world, according to Goldman Sachs CEO David Solomon.

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.

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.

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.

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 ...

Goldman Sachs has flagged Insmed Inc. as a potential merger candidate under the pro-business policies of the incoming Donald Trump administration, CNBC reported. The investment bank estimates a 30%-50% chance that Insmed could be part of a deal in 2025.

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

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

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

Goldman Sachs analysts push back their projected timeline for gold (GC=F) to reach $3,000 to the second quarter of 2026 and have now set their 2025 year-end target to $2,910. The analysts say the Federal Reserve's more hawkish approach to 2025 could weigh on gold price growth,

This week’s Apple headlines; iPhone Air leaks, new iPhone SE details, iPhone 15 special offers, Ai headlines paused, Apple Card’s new home, Tim Cook’s inauguration seat, and