Catenaa, Friday, January 17, 2025 – Goldman Sachs announced a strong performance for 2024, with net revenues of $53.51 billion and net earnings of $14.28 billion. The firm’s fourth-quarter results also exceeded expectations, reporting net revenues of $13.87 billion and net earnings of $4.11 billion.  For the full year, diluted earnings per share (EPS) were […]

Catenaa, Monday, January 20, 2025- The International Monetary Fund (IMF) projects global economic growth of 3.3% in 2025 and 2026, below the pre-pandemic average of 3.7%, according to its January 2025 World Economic Outlook Update. While US growth is expected to remain strong, prospects for other major economies have dimmed due to heightened policy uncertainty […]

Catenaa, Friday, January 17, 2024 (Wrapup) – US banks posted strong Q4 2024 earnings as market activity rebounded. JPMorgan led with record profits, while Goldman Sachs highlighted revenue growth. Bank of America exceeded estimates with notable gains in investment banking and trading. Wells Fargo saw a sharp rise in profits despite flat revenue. Leaders cited […]