Forget all the recession chatter. Goldman Sachs (GS) CEO David Solomon feels the economic backdrop for 2026 looks strong. In a recent CNBC interview, the veteran banker feels the macro setup is “quite good,” pointing to robust fiscal support, incredible AI-driven capital investment, and a more conducive business environment. Moreover, Solomon said strategic activity is
Traders priced in higher odds that the Federal Reserve will cut interest rates more than two times this year, prompting Treasury market gains after the latest gauge of inflation showed a surprise. Overall inflation unexpectedly dropped to 2.4% in January from the same time last year. That was down from the previous 2.7% annual pace. Core inflation, which filters
While most headlines fixate on Salesforce’s aggressive push into AI agents and its $60 billion revenue target, something else happened in early December that speaks volumes about who’s really calling the shots. Salesforce (CRM), a Dow Jones 30 stock, increased its quarterly dividend to $0.416 per share, a modest but telling move that landed just
Gold has enjoyed a record-setting run, but legendary hedge fund manager David Einhorn believes the story is much bigger. As per reporting from Business Insider, the Greenlight Capital founder feels that gold could effectively replace U.S. Treasurys as the world’s primary reserve asset, or move so far that the proximity becomes virtually impossible to brush
MetaPlatforms just posted record results while generating massive free cash flow, setting the stage for potential dividend growth as the company balances aggressive AI investments with returning cash to investors. In Q4, Meta (META) posted earnings of $8.88 per share on revenue of $59.9 billion, handily beating analyst expectations of $8.23 per share and $58.59
I’ve reported and published stories on current trends in real estate and the housing market for a number of years, and I always find it useful to take a look at mortgage rates and significant behavior shifts home buyers are making. Real estate technology company Zillow also pays close attention to developments in home buying
Valued at a market cap of $73 billion, General Motors is among the largest automobile companies in the world. The Detroit automaker recently announced a 20% dividend bump alongside a fresh $6 billion buyback program after beating Wall Street’s fourth-quarter earnings forecasts. GM stock surged on the news and is now up close to 70%
In its fourth-quarter earnings report, the ride-hailing giant Uber announced its intention to rapidly grow through the adoption of autonomous vehicles and expansion into other countries. And within a few days, it has announced at least three major partnerships, establishing a global footprint, while back home in the US, it continues to grapple with a
With consumer economic sentiment ebbing throughout 2025, many Americans have spent the last year watching their discretionary spending more carefully — ultimately leading to fewer dollars spent at venues like amusement parks. In some cases, park bankruptcies followed. After posting a loss of more than $1.2 billion last December, Six Flags revealed it will close
Mortgage rates could move sooner than many homebuyers expect but not because of interest-rate cuts — rather because of how the Federal Reserve manages itsbalance sheet. Federal Reserve Governor Stephen Miran said Feb. 10 that the central bank’s $6.6 trillion balance sheet needs to be smaller to reduce its footprint in financial markets and give