What does President Donald Trump's executive order directing federal agencies to "encourage" private companies to abandon DEI policies mean for businesses?
Steve Feinberg’s Cerberus Capital Management tapped Goldman Sachs Group Inc. for a potential sale of all or part of his ownership stake in the firm as he prepares to take a role in the Trump administration.
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
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.
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
JPMorgan Chase, Goldman Sachs and Pinterest are just a few of the companies whose leaders say they will still emphasize diversity, as the new administration’s war on such policies ramps up.
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.
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.
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.
Donald Trump is “very serious” about unleashing unilateral tariffs on neighbors Mexico and Canada without even giving them a chance to negotiate. Some of Trump’s closest advisors said the dramatic action could take place within days.
The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.