Goldman Sachs posted earnings Wednesday that easily topped market expectations on both the top and bottom lines. Shares were volatile on the news, with early losses erased as the stock moved slightly higher in premarket trading.
People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar.
WASHINGTON—Americans experienced annual inflation above 2% in December for the first time since mid-2014, a trend that reflects rising gasoline prices and steady consumer demand.
President-elect Donald Trump's pick to run the Health and Human Services Department enters his first confirmation hearing Wednesday with an Obamacare-sized target on his back and a host of ethical questions swirling around him.
Target Corp. cut its fourth-quarter earnings forecast after sales were hurt by “disappointing” customer traffic, signaling that the holiday pain that rocked department-store chains took a toll on discount retailers as well.