President Donald Trump accused leading U.S. banks of debanking conservative clients over their political views, a claim that financial institutions have pushed back on.

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.

Groups working with businesses on climate action said they see no retreat from climate goals despite Donald Trump's pledge to end what he calls a "green scam."

The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.

President-elect Donald Trump’s proposed tariffs on China, Mexico and Canada threaten to raise prices for toys, cars, shoes, French fries, furniture and beer.

The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec. 6 and come ahead of Donald Trump's return to the White House next week. Trump has been critical of efforts by governments to prescribe climate-change policies.

President Donald Trump said Monday he still intends to move forward with an across-the-board tariff of 25% on Mexican and Canadian goods, though he said those levies would come on February 1 rather than his previous day-one threat,

Jason Aldean, fresh off a performance at President Donald Trump's Liberty Inaugural Ball, will headline a September concert in Des Moines.

Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.

All federal and state courts and non-essential services will be closed on Monday, and the major banks — Bank of America, Capital One, Citibank, PNC, Wells Fargo and Truist — consider MLK Day to be a bank holiday, and will be closed.

Wells Fargo’s stock (NYSE ... Separately, the election of Donald Trump to the U.S. presidency for a second term is also expected to benefit the financial sector at large. Investors are betting ...