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BlackRock Total Assets Hit Record $14 Trillion As ETFs Surge
BlackRock Inc. pulled in $342 billion of total client cash in the fourth quarter, pushing the firm to a record $14 trillion of assets.
Goldman Sachs, Morgan Stanley Profits Soar As Wall Street Capitalizes On 2025 Deal Boom
Wall Street’s dealmaking boom didn’t slow at Goldman Sachs (GS) and Morgan Stanley (MS) in the fourth quarter.
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S&P 500 Hovering Near All-Time Highs as Wealth Managers and Investors Reposition Portfolios
US equities close out Q2 on strong note. S&P 500 hovers near highs. Wealth mgrs and investors position portfolios around anticipated Fed rate cuts.
Powell Isn't Taking a July Rate Cut Off the Table for Fed
Fed Chair Powell didn’t rule out interest rate reduction this month but agreed that central bank would have cut rates by now if not for the tariffs.
US Economy 'On Wobbly Footing': Why Wall Street Strategists Are Cautious About Stock Market's Recent Records
Stocks staged a historic comeback from their April lows, finishing the first half of the year on a high note.