Economy News Wall Street Wants Answers From Big Banks About The Economy

Big Banks Credit ‘Resilient’ Economy for Profit Growth

JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo reported strong earnings, mostly topping analyst expectations and showing broad growth. Read More

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

The CEOs of JPMorgan Chase, Citigroup and Wells Fargo all landed independently on the word “resilient” to describe the U.S. economy and its consumers. Read More

What Bank CEOs Are Saying About the Economy

The nation’s biggest bankers said this week that the economy is sturdy, yet they still sounded uneasy about what is around the corner. Here's what some of the chiefs of the largest financial players ... Read More

Big banks say economy is 'resilient', Americans feel otherwise

The government shutdown still has Americans in the dark about a lot of key economic data but some of the nation's biggest banks say the U.S. economy remains generally resilient. However, the majority ... Read More

Wall Street has been worried about bad loans for weeks. Now those fears are spreading

For weeks, investors have focused on Jefferies Financial Group, an investment bank that has at least $45 million worth of exposure to First Brands, an auto-parts supplier that filed for bankruptcy ... Read More

Wall Street rises as banks and tech companies help lead the way

Tech stocks helped lead the way following an encouraging profit report from ASML, which is a major supplier to the semiconductor industry. Read More

AI boom propping up economy as some guardrails are coming off, journalist Andrew Ross Sorkin warns

Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does? Read More

Goldilocks Economy Holds, But Growth And Rate Risks Loom

The global investment banking giant Goldman Sachs Group Inc. has raised concerns about a potential market shock that could disrupt the current 'Goldilocks' economy. Read More