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.
US officials are still trying to help major telecom providers evict Chinese government-backed hackers from their networks and don’t have a timeline for when that will be done, officials said Tuesday.
Democrats left fuming over Biden’s decision to pardon his son — after he repeatedly said he wouldn’t
President Joe Biden’s decision to pardon his son has left some Democrats fuming over his choice to repeatedly and unequivocally claim that he would never take that step, even though a pardon long appeared possible to Hunter Biden’s legal team.
The Biden administration is rushing assistance to Ukraine in an effort to put Kyiv “in the strongest possible position” as Russia steps up its attacks and President Joe Biden prepares to leave office in less than two months.
Authorities in the United States have reviewed airport security footage as they continue to investigate how a woman sneaked on board a Delta Air Lines flight from New York to Paris without a ticket last Tuesday –– one of the busiest travel days of the year.
You can help Mother Nature in a battle for survival. Pollinators, which provide one out of every three bites of our food, are struggling. Five butterfly species in the United States have gone extinct since 1950, and dozens more are on the verge of extinction.
Hannah Kobayashi’s disappearance remains a mystery as her family and friends desperately search for answers piecing together what happened to her and what may have led to her radio silence.
An Army general who oversaw the US withdrawal from Afghanistan was promoted to a four-star officer after a Republican senator dropped a hold on his nomination, according to a Senate aide.
A grand jury in Virginia has handed up an indictment charging Naresh Bhatt, the Prince William County man whose wife went missing in July, with murder.
Key Republican senators promised on Monday that President-elect Donald Trump’s pick to lead the FBI, Kash Patel, will be vetted through the confirmation process.
President-elect Donald Trump is planning to visit Paris later this week to attend the reopening of Notre Dame Cathedral on December 7, his first overseas trip since his election in November to a second term in office.
The creator of a widely debunked movie that became a central pillar in the false narrative that the 2020 election was stolen has admitted that some of the film’s claims are flawed.