Some top executives at Wall Street banks have been showing concern about higher inflation and potential deterioration of the U.S. economy as tariffs take effect, noting there has been more cautious behavior from corporate clients.

Profits at Goldman Sachs rose by more than a fifth in the second quarter to £2.8bn as equity traders put in a record performance.

Early trading on Wall Street was quietly mixed as markets shift their attention toward a deluge of corporate earnings reports.

Profits at Goldman Sachs surged from boosts in trading and dealmaking, the latest example of how big Wall Street banks were able to recover from the market chaos triggered by President Trump's tariffs.

President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve. The

The newspaper's conservative editorial board also hit the president with a cold truth about his tariff strategy.

President Trump’s approach to setting tariff rates is causing anxiety in the business community, with the trickling flow of letters to trad​e partners exacerbating concerns over hits to the