China expected to announce highly anticipated fiscal stimulus package

Key Points

Chinese authorities have ramped up stimulus announcements since late September, sparking a stock rally.
While the People’s Bank of China has already cut several interest rates, major increases in government debt and spending requires approval by the country’s parliament, called the National People’s Congress.
That approval could granted during a weeklong meeting of the legislature’s standing committee, with more stimulus expected to be unveiled on Friday.

Source

Finance

Goldman Sachs bond traders stumbled as Wall Street rivals thrived: ‘A fire is being lit under’ them

April 15, 2026

Key Points Goldman Sachs’s fixed income division disappointed investors this week, with revenue down 10% and about $910 million below expectations — a rare stumble for a flagship business. “I’d imagine that at Goldman, a fire is being lit under the traders, managers and risk overseers in FICC after such an underperformance,” veteran analyst Mike […]

Finance

Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post

April 15, 2026

US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church “WEAK on crime.” Photographer: Bonnie Cash/UPI/Bloomberg via […]

Finance

Stocks making the biggest moves premarket: Bank of America, Morgan Stanley, Robinhood & more

April 15, 2026

Check out the companies making the biggest moves premarket: Bank of America — The stock gained more than 1% after the banking giant posted better-than-expected results for the first quarter . Bank of America earned $1.11 per share on revenue of $30.43 billion. Analysts expected a profit of $1.01 per share on revenue of $29.93 […]