A major development in Trump’s Fed feud is set to happen next week in the Supreme Court

As the Justice Department continues its investigation into the Federal Reserve, the next front in the central bank’s quest to maintain political independence shifts to the Supreme Court. On Jan. 21, the high court will hear arguments related to President Donald Trump‘s efforts to fire Federal Reserve Governor Lisa Cook. Administration officials last year accused…

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Goldman Sachs (GS) Q4 2025 earnings

Goldman Sachs on Thursday topped expectations for fourth-quarter profit as equities trading and asset and wealth management produced nearly $900 million more in revenue than expected. Here’s what the company reported: Earnings: $14.01 per share. That may not compare with the $11.67 LSEG estimate. Revenue: $13.45 billion. That may not compare with the $13.79 billion…

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Republicans want to expand the child and dependent care tax credit

Halfpoint Images | Moment | Getty Images As President Donald Trump embraces more policy focused on affordability, some lawmakers have pushed to expand tax credits for families.   The Republican Study Committee this week released a framework for a second budget bill, known as “Reconciliation 2.0,” which outlines priorities like homeownership, health care, energy prices and…

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