Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.

Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their view for no rate cuts. ING, meanwhile, expects two percent growth.

The Fed's interest-rate-cutting cycle is likely over after the December jobs report, BofA says.

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries about a recent rebound in inflation. An uptick in inflation since the end of su

Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices slipped and U.S. futures edged higher.

The need for a debt limit hike of trillions and signs of growing bond market concerns could trim Republican economic plans sharply.

Major U.S. equity averages finished higher Friday, leaving Wall Street with its best week since November, with stocks largely bolstered this week by cooler-than-expected inflation data.  The benchmark S&P 500 (SP500) ended +1% at 5,

World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts.