Tag Archives: income

More US households shift money to accounts with investment income, study says

More US households shift money to accounts with investment income, study says

WASHINGTON (AP) — New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the accounts of …

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Goldman Sachs Q2 Assets Under Supervision Hit Record, Net Interest Income Surges 56%

Goldman Sachs Q2 Assets Under Supervision Hit Record, Net Interest Income Surges 56%

Goldman Sachs Group Inc. (NYSE:GS) shares traded higher Wednesday after the firm reported second-quarter results that beat analyst expectations, boosted by robust gains in its global banking and trading divisions. Net revenue rose 15% year over year to $14.58 billion, topping the consensus estimate of $13.36 billion, though it declined 3% from the prior quarter. GAAP earnings came in at …

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JPMorgan profit beats estimates on Wall Street rebound; raises interest income forecast – Reuters

JPMorgan profit beats estimates on Wall Street rebound; raises interest income forecast  Reuters JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking  CNBC Bloomberg Intelligence: JPMorgan’s Surprise Dealmaking Gain Shows Tariff Fear Easing  Bloomberg JPMorgan’s Jamie Dimon says Fed independence is ‘absolutely critical’ after $2.5B HQ row  New York Post JPMorgan Chase Profit Falls 17% but EPS Surpasses Wall Street Estimates  Barron’s Source link

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