What’s Behind Wall Street’s Bumper Year

华尔街辉煌一年背后的秘密

WSJ What’s News

2025-12-13

12 分钟
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P.M. Edition for Dec. 12. Leaders of JPMorgan Chase, Bank of America and Citigroup shared numbers that show that their banks’ Wall Street operations are on track to have one of their best years ever. WSJ Wall Street editor David Benoit discusses what’s driving it. Plus, in an interview with The Wall Street Journal, President Trump says he’s considering Kevin Warsh or Kevin Hassett to lead the Federal Reserve starting next year. And why have politicians, who just a few years ago were sounding the alarm about climate change, softened their warnings? We hear from WSJ chief economics commentator Greg Ip about what’s behind the shift. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Why politicians have stopped talking about a climate crisis.

  • Plus, what's driving one of Wall Street's best years ever?

  • People are turning to their banks saying, hey, help me trade, help me borrow more money to trade.

  • All that leads to record markets revenue.

  • And President Trump says he's still deciding between two Kevin's to lead the Federal Reserve next year.

  • It's Friday, December 12th.

  • I'm Alex Ocilla for The Wall Street Journal.

  • This is the PM edition of What's News,

  • the top headlines and business stories that move the world today.

  • Major U.S.

  • stock indexes fell today.

  • The Nasdaq led the losses, dropping 1.7 percent after it was dragged down by Broadcom's stock.

  • The chipmaker dropped more than 11 percent and suffered its largest one-day market cap loss on record,