[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…
Tag: wsjfinance
Goldman Scores a Win With Sharply Higher Earnings
[ad_1] Updated Jan. 16, 2024 1:42 pm ET Goldman Sachs reported sharply higher earnings for the fourth quarter, giving the Wall Street Goliath a boost after a run of lackluster…
Goldman Sachs Reports Sharply Higher Earnings, Helped by Asset and Wealth Management
[ad_1] Goldman Sachs reported sharply higher profit for the fourth quarter, bolstered by a strong performance in its asset and wealth management business. The bank on Tuesday said quarterly profit…
Natural-Gas Prices Remain Under Pressure Despite Cold Snap
[ad_1] Natural-gas prices have been low this winter, helped by healthy production and unusually warm weather. The current winter storm could change that temporarily, but the long-term forecast is still…
Profits Comeback Paired With Rate Cuts Make a Powerful Mix
[ad_1] Profits are growing again, and the Federal Reserve looks as if it will start cutting rates sometime this year. It is an unusual combination and, for the stock market,…
Chip Wars Boost Europe’s Top Tech Company—for Now
[ad_1] The more the U.S. government worries about China’s ambitions in the chip industry, the more equipment for making chips that China seems to buy. When ASML, the Dutch company…
Peace and Prosperity in the Taiwan Strait Still Have a Chance
[ad_1] Taiwan has voted: bringing the independence-leaning Democratic Progressive Party an unprecedented consecutive third term in the presidency. Now the world is waiting on Beijing, which claims Taiwan but doesn’t…
Luxury Hand-Me-Downs Are Now Worth Billions of Dollars
[ad_1] As much as luxury companies would love to stamp out the secondhand trade in their products, it’s an impossible task. All the better for fashionistas and investors, who can…
Morgan Stanley Agrees to Pay $249 Million to Settle Block-Trading Probes
[ad_1] Morgan Stanley agreed Friday to pay $249 million to settle criminal and regulatory investigations into allegations that some employees improperly shared information about clients’ stock sales, the Manhattan U.S.…