Business AcquisitionFinance

Big Bank Earnings Season: Goldman Sachs, JPMorgan Chase Lead Q3 Profit Surge

The Q3 earnings season begins with major banks including Goldman Sachs and JPMorgan Chase reporting results. Analysts expect S&P 500 earnings growth of 8%, marking the ninth straight quarter of profit expansion amid trade tensions.

The earnings season kicks off this week with major financial institutions including Goldman Sachs, JPMorgan Chase, and Bank of America leading the charge. According to FactSet’s John Butters, analysts project S&P 500 earnings grew by 8% year-over-year in the third quarter, potentially marking the ninth consecutive quarter of profit growth. These results gain additional significance as U.S.-China trade tensions escalate following President Trump’s threat of additional tariffs.

Goldman Sachs Earnings Preview

Business AcquisitionFalun DafaMarketplaces

Trump Threatens 100% Tariffs on China in Response to Rare Earth Mineral Restrictions

President Donald Trump has declared 100% tariffs on all Chinese imports following China’s rare earth mineral restrictions. The move signals escalating trade tensions between the world’s two largest economies, with significant market implications.

President Donald Trump has escalated the ongoing trade conflict with China by threatening to impose 100% tariffs on all Chinese imports, responding directly to Beijing’s recent restrictions on rare earth mineral exports. The announcement, made via Trump’s Truth Social platform, represents the most aggressive trade measure yet in the simmering economic confrontation between the world’s two largest economies.

Trump’s Tariff Announcement and Timing