$GS

JPMorgan announced its first earnings miss in almost three years, while Goldman delivered its second-highest quarterly net revenue ever. A $1.2 billion regulatory penalty weighed on Bank of America’s already lackluster quarter.

Goldman believes the core inflation rate will revert toward the Fed’s 2% target in 2027.

Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.

Nearly half of $500K-plus households pay only the minimum on their credit cards, and 80% have put off a major financial goal—more than middle earners on both counts.