Big US Bank Profits Surge as Biden Era Comes to a Close

Published on January 16, 2025

For all of Wall Street’s excitement about Donald Trump’s growth agenda, the biggest banks are ending the Biden years on a high note.

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Wall Street Has Best CPI Day Since at Least 2023: Markets Wrap

January 16, 2025
Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinforcing bets the Federal Reserve is on track to keep cutting rates this year.

Retail Sales Up 0.4% in December, Lower Than Expected

January 16, 2025
The Census Bureau's Advance Retail Sales Report for December revealed headline sales were up 0.4% last month and that sales were revised higher in November to 0.8%. The latest reading was lower than the expected 0.6% monthly growth in consumer spending.