Goldman Sachs reported its latest business results on Tuesday. Profits — as measured by net income — hit $1.9 billion in the second quarter, twice the performance of the quarter before.
As Wells Fargo and JPMorgan Chase kick off bank earnings season, it's a chance to see the effect rising interest rates are having on our nation's banks.
So far, the companies have told us mostly good things this earnings season. But Allan Sloan, senior editor-at-large for Fortune magazine, isn't buying it. He says so-called "tax games" obscure business performance.
Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.