Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.

US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...

As risk takers resurfaced, the market’s “fear gauge” — the VIX — collapsed the most this year. A Goldman Sachs basket of ...

U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong ...

Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in ...

Who says you can't ring in the New Year 15 days late? Stocks jumped across the board on Wednesday thanks to a strong mix of big bank earnings, revived hopes for interest rate cuts and even a [dash of ...

Wall Street ripped higher Wednesday following inflation data and strong bank profits. The post appeared first on TV News ...

Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...

U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...

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The U.S. stock market was broadly rallying on Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX was up 1.8% on Wednesday afternoon, while the Dow Jones ...

Citigroup climbed 5.7 per cent and Goldman Sachs gained 5.4 per cent after both banks beat Wall Street profit forecasts. Goldman said its global banking and markets business generated nearly US$35 ...