If you are trying to figure out whether now is the time to buy bonds, watch the White House more than the Federal Reserve. The benchmark 10-year Treasury yield has been rising toward 5%, Fed interest-rate cuts be damned.
"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.
Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm’s biggest business units, just days after the bank boss was awarded a pair of massive bonuses. The
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.
The White House budget office has ordered a freeze on all federal grants and loans, set to take effect at 5 pm on January 28. This suspension of federal assistance is expected to impact a wide range of programmes and services.
While some companies steer away from diversity, equity, and inclusion (DEI) policies, others are sticking with their previous commitments.
Bank of America and JPMorgan are set to lobby the White House and Congress to defend themselves from accusations by President Donald Trump and others that they have shut down accounts of conservative customers on political grounds.
THE US Federal Reserve left its key lending rate unchanged on Wednesday (Jan 29) and adopted a patient “wait and see” approach to Donald Trump’s economic policies, in the first decision since his return to the White House.
U.S. President Trump said that his administration could impose a 25% tariff on Mexican exports. But will he actually act on his threat?
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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.