Goldman Sachs posts $5.5 billion profit as the stock market booms
CNN
Goldman Sachs, once known as the Vampire Squid of Wall Street, may have gotten a friendlier makeover under CEO David Solomon. But the investment banking giant is still spreading its tentacles into many corners of the market — and making huge sums of money in the process.
Goldman said Tuesday that it reported a net profit of nearly $5.5 billion, or $15.02 a share, in the second quarter. That was up sharply from earnings of $373 million in the same quarter a year ago and easily topped analysts' forecasts.
This weekend’s gathering of young Republicans and conservative influencers in the Arizona desert offered a glimpse into the divisions already fraying President Donald Trump’s coalition even before its lame-duck leader is out of the picture.
The US is pursuing a vessel in international waters near Venezuela on Sunday after attempting to intercept it, a US official said, as President Donald Trump’s administration tightens its crackdown on the country’s oil industry.
Power was restored Sunday morning to the bulk of the 130,000 homes and businesses in San Francisco impacted by a massive outage on Saturday that caused major disruptions in the city.
When Rep. Dan Goldman first ran for Congress in 2022, he was cheered on the left as the party’s top lawyer during President Donald Trump’s first impeachment.
A dog desperately needing a potty break led Elaine Traverse to find a statue that had been the talk of the town in Canada’s Harbour Grace for months.
Police lights flashed for hours as law enforcement officers surrounded a storage facility in Salem, New Hampshire Thursday night, finally closing in on a suspect who unleashed deadly attacks on two communities and had managed to evade them for six days.
The National Transportation Safety Board is investigating after seven people – including former NASCAR driver Greg Biffle – died when a small private jet crashed shortly after takeoff in Statesville, North Carolina, this week, investigators said Saturday.
Personnel from the United States boarded and seized a vessel off the coast of Venezuela, according to an official familiar with the matter, as the Trump administration ramps up pressure on Caracas.
The Justice Department released thousands of files related to sex offender and accused sex-trafficker Jeffrey Epstein after Congress passed a law forcing the Trump administration to do so.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-DMC star Jam Master Jay, ruling that there wasn’t enough evidence that the man had a motive to kill the hip-hop luminary.
It was like any other business trip for Minnesota frequent flyer Pete Carleton: walk through TSA, fill up the water bottle past security and chat with colleagues at the gate.
Many of the promises Trump made at Turning Point’s AmericaFest last year — including “lower prices,” an end to foreign wars and “generational change” — have yet to materialize.
In the hours after police discovered the bodies of Rob Reiner and Michele Singer Reiner inside their Brentwood, California, home, speculation was rife over what could have led someone to murder the beloved Hollywood director and his other half, a charismatic photographer and producer.