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 ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.
The latest earnings may not reflect recent market volatility ushered in by the Trump administration’s sweeping tariffs.
The famed Wharton School economist points to sky high valuations and a possible sector rotation.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
A Morgan Stanley partnership with Carta could result in more clients, and more assets, for its advisory business.
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.
Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.
Through its white label platform, the bank hopes to be a dominant force in Europe’s growing active ETF market.
Goldman Sachs’ equity strategy team forecasts that America’s blue chip S&P 500 index will bring in infinitesimal returns for the next decade.
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.
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.