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WSJ Minute Briefing

Goldman Sachs Fourth-Quarter Profit Rises on Dealmaking Boom

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 15 January 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: President Trump threatens to invoke the Insurrection Act over protests in Minnesota. And ICE agents arrest two workers driving to the construction site of a Meta data center in Louisiana. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As companies seek to close growing gaps in skills and talent,

0:04.0

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

0:10.0

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain?

0:25.4

By performing a skills inventory, leaders can truly understand where their efforts should be focused.

0:28.0

Being blind to those gaps is the real miss.

0:32.6

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent. Here's your midday brief for Thursday, January 15th. I'm Pierre Bienname for the Wall Street Journal.

0:43.8

Goldman Sachs reported stronger than expected profit in the fourth quarter today. Net income rose 12% to more than $4.6 billion.

0:52.0

The bank also says that for the year, revenue in its investment banking

0:55.7

and markets division hit a high, as companies struck more deals and borrowed at a record pace.

1:01.9

President Trump is threatening to invoke the Insurrection Act, which would allow him to deploy

1:06.5

the military inside the U.S. He's responding to protests in Minnesota, where he wrote on

1:11.6

Truth Social that, quote, agitators and insurrectionists are attacking ICE and local officials

1:16.8

aren't stopping them. Minnesota Governor Tim Walls, a Democrat, has encouraged residents to protest

1:22.3

peacefully and to record federal agents. Trump has previously threatened to use the Insurrection Act after tensions

1:28.5

in blue-leaning cities, but didn't use the law. An attempt to do so would likely face legal

1:33.6

challenges. And ICE agents today arrested two workers driving to the construction site of a

1:39.4

metadata center in Louisiana. That's according to local law enforcement who said the workers were

1:44.0

arrested due to

1:44.9

their immigration status. They were from Guatemala and Honduras. META is building a $27 billion

1:50.7

data center in Richland Parish, a rural area in the northeast of the state. The company declined to

1:56.4

comment when asked about the arrests. The Department of Homeland Security didn't respond to requests for comment.

2:02.3

Heads up, an artificial intelligence tool helped us make this episode by creating summaries

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