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.
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.
What does President Donald Trump's executive order directing federal agencies to "encourage" private companies to abandon DEI policies mean for businesses?
Trump is reportedly weighing a pardon for Fugees star Pras Michel, facing 22 years in prison for federal conspiracy and corruption charges.
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.
The president said oil "may or may not" be affected by his tariffs on the two countries, which are set to take effect on Saturday.
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?
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.
Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods from Canada and Mexico on February 1 in response to what he views as inadequate border security failing to stop drugs and migrants from coming into the United States.
Trump has delayed implementing tariffs on Canada and Mexico, leaving financial markets to wonder if the new Feb. 1 deadline is for real.