:max_bytes(150000):strip_icc()/GettyImages-2218996322-b6816d36f7b04abebe3dbe7162f60721.jpg "Bank of America Posts Better Profits, But Lower Revenue, Than Expected")
Bank of America (BAC) on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short. The firm said Wednesday it earned $0.89 per share in the second quarter, beating estimates by 4 cents, while revenue was up 4% from the same time a year ago to $26.46 billion, slightly below the analyst …
Read More »Goldman Sachs Profit Surges on Higher Trading Revenue The Wall Street Journal Goldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBC Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities revenue Reuters Goldman Posts Best Stock-Trading Quarter in Wall Street History Bloomberg.com Source link
Read More »:max_bytes(150000):strip_icc()/GettyImages-2223667865-bdc7fc7c21e64a6dbadd76006be67cf0.jpg "How Trump’s Tariff Revenue Helped the Government Make Bank In June")
Key Takeaways The federal government collected $26.6 billion in tariff revenue in June, rising again as President Donald Trump’s tariffs policy began to take hold. Spending decreased by $187 billion in June, resulting in a budget surplus of about $27 billion for the month. The federal government’s total debt is around $36 trillion. It paid $84 billion in interest payments …
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