The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in the business world, according to Goldman Sachs CEO David Solomon.

Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman Sachs sees stocks benefiting from the biggest expected company buybacks in at least five years.

On Monday, Trump will be sworn in as the 47th US president, making his vows over his mother’s Bible and another used by Abraham Lincoln in 1861. The ceremony at the US Capitol will feature country music singers Carrie Underwood and Lee Greenwood, who sells a $59.99 Bible endorsed by the president-elect.

JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.

Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission data find that investors — from big asset managers to hedge funds — are the most optimistic about the dollar’s upside since 2019.

Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy...

Four of Canada’s biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks.

The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.

This week’s Apple headlines; iPhone Air leaks, new iPhone SE details, iPhone 15 special offers, Ai headlines paused, Apple Card’s new home, Tim Cook’s inauguration seat, and

Markets could rebound after Donald Trump’s inauguration with the Aussie dollar a ‘prime target’ for buyers, according to NAB.

As Donald Trump prepares for his inauguration, a plethora of tech giants and corporations have pledged significant donations to his inaugural fund, raising over $200 million.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.