Goldman Sachs Group Inc

FILE - This Jan. 13, 2021, file photo shows a Chase ATM in New York. All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday, June 24, as it released the results from its latest "stress tests," giving the banks the green light to start paying out dividends to investors and buying back stock. (AP Photo/Mark Lennihan, File)

All big banks pass latest Federal Reserve 'stress tests'

By Ken Sweet Jun. 24, 2021 04:41 PM EDT

This image from video provided by the House Financial Services Committee shows Wells Fargo CEO Charles Scharf testifying virtually to the House Financial Services Committee Thursday, May 27, 2021. (House Financial Services Committee via AP)

Bank CEOs tell Congress they'll work to avoid foreclosures

By Ken Sweet May. 27, 2021 01:12 PM EDT

Sugar Bliss Bakery owner Teresa Ging organizes arranges bakery items in her shop in Chicago's famed Loop, Tuesday, May 4, 2021. In many downtown areas where companies closed their offices and commuting ground to a halt, sandwich shops, bakeries and other small businesses are waiting with guarded optimism for their customers to return. (AP Photo/Shafkat Anowar)

Downtown stores, businesses await their customers' return

By Joyce M. Rosenberg May. 17, 2021 08:07 AM EDT

A philanthropic drive to aid Black women is gaining momentum

By Haleluya Hadero Apr. 22, 2021 11:14 AM EDT

FILE - The New York Stock Exchange is seen in New York, Monday, Nov. 23, 2020. Stocks were moderately higher in early trading Thursday, April 8, 2021, helped again by large technology stocks that have benefitted from a drop in bond yields. (AP Photo/Seth Wenig)

A year after stocks soared, CEOs must show it was warranted

By Stan Choe Apr. 15, 2021 12:17 PM EDT

A Citibank office is open, Wednesday, Jan. 13, 2021 in New York. The nation’s largest banks are expected to report big profits for the first quarter, Tuesday, April 13, amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again (AP Photo/Mark Lennihan)

Citigroup profit triples in 1Q, tops estimates; revenue down

By Ken Sweet Apr. 15, 2021 09:10 AM EDT

Bank of America signage is shown Wednesday, Feb. 10, 2021, in Atlanta. The nation’s largest banks are expected to report big profits for the first quarter, Tuesday, April 13, amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again(AP Photo/John Bazemore)

Bank of America profit doubles in 1Q to $8.1 billion

By Ken Sweet Apr. 15, 2021 07:03 AM EDT

Profits at Goldman Sachs surge in 1Q, helped by trading

By Ken Sweet Apr. 14, 2021 08:06 AM EDT
NEW YORK (AP) — Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core...

An employee of a bank walks near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, April 15, 2021. Asian stock markets were mixed Thursday after Wall Street retreated from a record high as major banks reported strong profits at the start of U.S. earnings season. (AP Photo/Lee Jin-man)

Asian stock markets mixed after Wall St retreats from record

By Joe Mcdonald Apr. 14, 2021 01:43 AM EDT

A group of protesters march in the snow around the Hennepin County Government Center, Monday, March 15, 2021, in Minneapolis where the second week of jury selection continues in the trial for former Minneapolis police officer Derek Chauvin. Chauvin is charged with murder in the death of George Floyd during an arrest last may in Minneapolis. (AP Photo/Jim Mone)

Corporations become unlikely financiers of racial equity

By Haleluya Hadero Mar. 17, 2021 10:05 AM EDT

Canada Pension Plan CEO resigns after travelling for vaccine

Feb. 26, 2021 09:51 AM EST
TORONTO (AP) — The chief executive of the fund that manages Canada Pension Plan investments has resigned after it was revealed that he had traveled to the...

This Wednesday, Jan. 27, 2021, photo shows the Holy Name of Jesus Cathedral in Raleigh, N.C. The Raleigh Diocese collected at least $11 million from the federal government’s small business emergency relief program. Yet during the fiscal year that ended in June 2020, overall offerings were down just 5% and the assets available to the diocese, its parishes and schools increased by about $21 million to more than $170 million, AP found. In another measure of fiscal health, the diocese didn’t draw on a $10 million line of credit. (AP Photo/Allen G. Breed)

Sitting on billions, Catholic dioceses amassed taxpayer aid

By Reese Dunklin And Michael Rezendes Feb. 04, 2021 01:24 AM EST

Former European Central Bank president Mario Draghi speaks to the media after accepting a mandate to form Italy's new government from Italian President Sergio Mattarella at the Rome's Quirinale Presidential Palace, Wednesday Feb. 3, 2021. (AP Photo/Alessandra Tarantino, Pool)

Draghi brings market savvy, gravitas to tame Italy's crises

By Colleen Barry And David Mchugh Feb. 03, 2021 10:59 AM EST

Goldman Sachs' profits more than double, despite pandemic

By Ken Sweet Jan. 19, 2021 08:57 AM EST

Preparations are made prior to a dress rehearsal for the 59th inaugural ceremony for President-elect Joe Biden and Vice President-elect Kamala Harris on Monday, January 18, 2021 at the U.S. Capitol in Washington. (AP Photo/Patrick Semansky, Pool)

Biden's test: Engineering economic boom in a partisan divide

By Josh Boak Jan. 18, 2021 12:30 PM EST

Editorial Roundup: Excerpts from recent Wisconsin editorials

By The Associated Press Jan. 13, 2021 02:47 PM EST
Wisconsin State Journal, Madison, Jan. 13 Time to get youngest students back to school A survey of students, parents...

Andrew Walcott, owners of Fusion East Caribbean & Soul Food restaurant, works in his office at the restaurant in East New York neighborhood of the Brooklyn borough of New York, Thursday, Jan. 7, 2021. Walcott had to furlough four employees at his restaurant just before Christmas, after New York state stopped allowing indoor dining. (AP Photo/Mary Altaffer)

US loses 140,000 jobs, first monthly drop since spring

By Christopher Rugaber Jan. 08, 2021 12:01 AM EST

FILE - In this Dec. 14, 2020 file photo, Zeida Hernandez, of Tampa, Fla., left, makes Factory Throwout cigars using an antique hand-operated cigar machine at the J.C. Newman Cigar Co., Tampa's last cigar factory, in Fla. American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. (Douglas R. Clifford/Tampa Bay Times via AP)

US unemployment claims slip to still-high 787,000

By Christopher Rugaber Jan. 07, 2021 08:40 AM EST

FILE - In this Tuesday, Dec. 15, 2020, file photo, Senate Majority Leader Mitch McConnell, of Kentucky, speaks during a news conference with other Senate Republicans on Capitol Hill in Washington, while Sen. John Barrasso, R-Wyoming, listens at left. “There will be another major rescue package for the American people," McConnell said in announcing an agreement for a relief bill, Sunday, Dec. 20, 2020, that would total almost $900 billion. “It is packed with targeted policies to help struggling Americans who have already waited too long.” (Nicholas Kamm/Pool Photo via AP, File)

Trump's hesitation on relief bill will delay aid payments

By Christopher Rugaber Dec. 28, 2020 02:44 PM EST

FILE - This Monday, Nov. 16, 2020 file photo shows the Federal Reserve in Washington. The Federal Reserve said Friday, Dec. 18, 2020 that the 33 largest U.S. banks are in strong shape despite the pandemic’s economic shock. (AP Photo/J. Scott Applewhite, File)

Fed finds big US banks in solid shape; keeps dividend limits

By Marcy Gordon Dec. 18, 2020 04:42 PM EST