Tag Archives: Breaking News: Markets

Goldman Sachs (GS) Earnings 2Q 2020

David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, on January 23, 2020. Adam Galacia | CNBC Goldman Sachs reported windfall earnings for the second quarter as the company’s focus on trade and investment banking paid off during the market turmoil caused by the coronavirus …

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Fed Kaplan says US economy to see above-trend growth in 2021

Dallas Federal Reserve President Robert Kaplan said that economic growth in the United States will accelerate next year as the country recovers from the coronavirus crisis. “In ’21, we will see above-trend growth, and we will continue to reduce the unemployment rate,” Kaplan said on CNBC’s “Closing Bell” on Tuesday. …

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Wells Fargo (WFC) Earnings 2Q 2020

Charles Scharf Michael Nagle | Bloomberg | fake pictures Wells Fargo released its first quarterly loss since the financial crisis on Tuesday, as the bank set aside $ 8.4 billion in reserves for credit losses linked to the coronavirus pandemic. The bank had a net loss of $ 2.4 billion …

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