the goldman sachs group inc. - GS

JPMorgan Chase is dropping "equity" from its diversity program as more companies scale back initiatives that are aimed at increasing racial and gender equality in the workplace.

President Donald Trump's tariff plans are disrupting industries and international trading relationships, with some industries more exposed to the risk of being harmed by import taxes.

More than a dozen major U.S. companies have made headlines for rolling back their diversity, equity and inclusion (DEI) programs over the past year, but many are still standing firm.

President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would drive inflation up by nearly 1%, Goldman Sachs estimates.

Goldman Sachs economists released an analysis that projected that President-elect Trump's tax cuts and deregulation will support growth, while broader tariffs could dampen the impact.

Apple and Goldman Sachs are being ordered by the Consumer Financial Protection Bureau to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.

Goldman Sachs CEO David Solomon said that the firm's report that Vice President Kamala Harris touted showed just two-tenths of 1% difference in growth between her plan and that of former President Trump.

Goldman Sachs economists upped the probability of the U.S. economy entering a recession in the next year to 25%, though they noted they still see "recession risk as limited."

FOX Business' Charlie Gasparino's new book, "Go Woke, Go Broke," details the rise of corporate wokeness, including Bud Light's debacle with Dylan Mulvaney and fight over Chick-fil-A.

Morgan Stanley's net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30. That compares with $2.2 billion, or $1.24 per share, a year earlier.