Morgan Stanley and Bank of America reported strong fourth-quarter earnings, with profits more than doubling, driven by increased trading and investment banking activities. The overall performance of major U.S. banks was robust, with the largest banks collectively achieving $142 billion in profits for 2024. This surge in earnings reflects a revival in Wall Street activity, attributed to heightened trading around the U.S. elections and a resurgence in deal-making. Other banks, including JPMorgan Chase, Wells Fargo, and Goldman Sachs, also reported positive results, indicating a strong quarter across the sector. The Dallas Cowboys were highlighted as the most profitable sports team globally, with a collective operating income of $3.9 billion among the top franchises, according to Forbes.