Goldman Sachs posts $5.5 billion profit as the stock market booms
CNN
Goldman Sachs, once known as the Vampire Squid of Wall Street, may have gotten a friendlier makeover under CEO David Solomon. But the investment banking giant is still spreading its tentacles into many corners of the market — and making huge sums of money in the process.
Goldman said Tuesday that it reported a net profit of nearly $5.5 billion, or $15.02 a share, in the second quarter. That was up sharply from earnings of $373 million in the same quarter a year ago and easily topped analysts' forecasts.
The House Oversight Committee released videos Tuesday of closed-door depositions with two men in Jeffrey Epstein’s inner circle as part of its probe into the late convicted sex offender.
The House Intelligence Committee voted Tuesday to give federal prosecutors classified records related to John Brennan, according to a committee spokesperson, signaling the Justice Department’s investigation into the former CIA director may be heading towards possible charges.
North Carolina State Senate leader Phil Berger on Tuesday conceded his primary race to Rockingham County Sheriff Sam Page, a political earthquake that took down arguably the most powerful politician in a pivotal swing state.
It’s looking like the Department of Homeland Security shutdown could soon be over. The two sides seem to have made serious progress, and President Donald Trump hasn’t rejected anything, even if he’s a little sour. But it’s likely the resolution will disappoint many Democrats.
California Gov. Gavin Newsom said that he regretted using the word “apartheid” to describe the Israeli government’s treatment of Palestinians, though he warned “that’s a word you may hear others use” if Prime Minister Benjamin Netanyahu pushes for territorial gains.
Haiti is about to get a new set of foreign boots on the ground. The goal sounds simple: fight the gangs that have brought life to a standstill.
Oklahoma’s governor picks energy executive Alan Armstrong to fill US Senate seat through end of year
Oklahoma’s governor on Tuesday appointed energy executive Alan Armstrong to serve in the US Senate through the end of the year and finish the term of Republican Markwayne Mullin, the new homeland security secretary.
Newly confirmed Homeland Security Secretary Markwayne Mullin told senators during his confirmation hearing that he wanted to keep the department out of the headlines. That won’t be easy.
A trader made nearly $1 million since 2024 from dozens of well-timed Polymarket bets that correctly predicted US and Israeli military actions against Iran, according to an analysis shared with CNN.
Travelers have been dealing with worsening airport wait times as ICE agents deploy to more than a dozen airports. Follow for live news updates.
President Donald Trump voted in Tuesday’s state House special election by mail even as he suggested on Monday that “mail-in voting means mail-in cheating.”
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The Supreme Court on Tuesday will consider the legality of a policy championed by President Donald Trump during his first term that prevented scores of migrants arriving at the southern border from starting the process of applying for asylum.