The biggest factor behind the slip in first-quarter GDP was Trump’s will-he-or-won’t-he, start-and-stop trade war.
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Wall Street’s panic cycle is retail investors’ opportunity cycle. In other words: the Redditors are at it again.
Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.
According to Dealogic, just 1,603 deals have been signed this year through Friday, down 19% year-over-year.
The latest earnings may not reflect recent market volatility ushered in by the Trump administration’s sweeping tariffs.
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
Punxsutawney Phil may see six more weeks of winter, but hedge funds aren’t waiting to emerge from their bearish slumber.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.
Goldman Sachs’ $4.6 billion profit shows you can navigate tough times, as long as you have the brightest minds in finance at your disposal.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
The famed Wharton School economist points to sky high valuations and a possible sector rotation.
The Budget Lab projects that, with the current tariff levels, US and Chinese economies would both be 0.6% smaller in the long run.
Ellevest plans to focus on its private wealth management and financial planning business lines going forward.