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16/01/2026
Goldman Sachs CEO Solomon: There is no deal to transfer Apple's savings plan to JPMorgan.
Latest
4 m ago
With profits surging and capital regulation policies relaxed, Wall Street banks returned a record amount of funds to shareholders, showing that executives are confident in increasing stock buyback efforts. In 2025, the six largest banks in the United States spent over $140 billion on dividends and buybacks, breaking the record set during Trump's first term in 2019. Among them, JPMorgan Chase repurchased over $30 billion in stocks, setting a new record for Wall Street banks that is more than three times the size of two years ago. In Trump's second term, as regulatory agencies seek to relax key capital requirements, banks are becoming more confident in returning profits to shareholders. In June of last year, the Federal Reserve took action to lower capital requirements for holding companies under the "enhanced supplemental leverage ratio" rule, which applies to large banks such as JPMorgan Chase, Bank of America, and Goldman Sachs. Banks expect this momentum to continue this year. Goldman Sachs CEO Solomon said on Thursday that the bank will "stay aggressive" in buying back stocks.
13 m ago
Google: Introducing TranslateGemma, a new open translation model based on Gemma 3, which can help people communicate between 55 different languages.
15 m ago
Shanghai tin night market fell by about 3.3%, while aluminum oxide fell by more than 1.3%.
15 m ago
Fannie Mae: The average interest rate on 30-year fixed-rate mortgages has dropped to the lowest level in over three years.
16 m ago
Housing beauty: Housing activities have significantly improved, with prospects for strong sales in the spring season looking good.
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