Why Wall Street Is Firing on All Cylinders

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 14 October 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Oct. 14. Major banks including Goldman Sachs and JPMorgan Chase exceeded third-quarter profit and revenue forecasts. WSJ banking and finance reporter Alexander Saeedy unpacks the results. Plus, WSJ’s Peter Grant explains why New York City’s office market is outpacing the rest of the country’s. And a youth-led revolt in Madagascar has resulted in a military coup. Sabrina Siddiqui hosts. Sign up for the 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	Boardrooms love buzzwords.
0:02.0	AI, climate, resilience.
0:03.8	But what do they actually mean for CFOs and execs trying to survive the next earnings
0:07.9	call?
0:08.3	That's where the pre-read comes in.
0:09.9	Real experts and real talk.
0:11.7	Subscribe to the pre-read, presented by Workieva.
0:18.9	The latest results from big banks show Wall Street firing on all cylinders.
0:24.4	Plus, why New York City's office market is soaring.
0:27.9	Employers are getting their workers back to offices, and as a result, they need more space.
0:33.0	And Gen Z protesters have felled another government as Madagascar's military seizes control.
0:40.0	It's Tuesday, October 14th.
0:41.7	I'm Sabrina Siddiqui for the Wall Street Journal, filling in for Alex Osce.
0:45.4	This is the PM edition of What's News, the top headlines and business stories that move the world today.
0:55.2	In its latest forecast, the International Monetary Fund said the global economy is on pace
1:00.3	to grow by 2.6% this year, down from 3.6% growth last year. Tariffs, inflation, and other
1:07.2	threats are clouding the world economic outlook. For the U.S. economy, its forecast is for
1:12.5	1.9% growth, slightly better than predicted earlier this year, but down from 2.4% recorded in
1:19.2	2024. The IMF says the weakening U.S. labor market and protectionist trade policy are among
1:25.2	the signals for potential problems ahead. But even with those
1:29.1	concerns, Wall Street is surging. Dealmaking, trading, and corporate lending are gaining steam and
1:34.9	fueling profits at the nation's biggest banks. Results out today from Goldman Sachs, JP Morgan's
	...

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