On The Money: Democrats accuse Mnuchin of sabotaging economy in dispute with Fed | Trump administration proposal takes aim at bank pledges to avoid fossil fuel financing | JPMorgan: Economy will shrink in first quarter due to COVID-19 spike

Laveta Brigham

Happy Friday and welcome back to On The Money, where we’re wondering what fast food burger could possibly be worth a 12-hour wait. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line. See something I missed? Let me know at [email protected] […]

Goldman’s Pandemic Hot Streak Continues in Third Quarter

Laveta Brigham

Goldman Sachs Group Inc. GS 0.77% said Wednesday its third-quarter profit nearly doubled, the latest confirmation that even in a pandemic and a recession, Wall Street can still make money. Goldman’s quarterly profit of $3.62 billion on revenue of $10.78 billion was better than stock analysts had forecast and sharply […]