July 1, 2021
Comments Off on Worried about inflation? Check paystubs, not just pump price
In terms of inflation, a big and sustained gain in wages would be even more dangerous than the price spikes already seen for oil and other commodities.
Tagged with: Economy inflation wages wall street
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May 26, 2021
Comments Off on Big bank CEOs return to Congress at time of deep partisan divide
The CEOs of the biggest banks went before Congress on Wednesday with plans to discuss how helpful Wall Street was for borrowers and businesses during the pandemic.
Tagged with: Banks Congress wall street
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August 21, 2018
Comments Off on Born out of the financial crisis, bull market nears record
The bull market in U.S. stocks is about to become the longest in history. If stocks don’t drop significantly by the close of trading Wednesday, the bull market that began in March 2009 will have lasted nine years, five months ...
Tagged with: bull market stock market wall street
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March 30, 2018
Comments Off on Washington leak culture meets Wall Street’s insider cops
The federal prosecutors who sent Wall Streeters to prison for trading on insider information are taking on Washington’s culture of leaks in a first-of-its-kind trial next week.
Tagged with: insider trading leaks wall street washington
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March 26, 2018
Comments Off on Wall Street’s average bonus in 2017 more than $184K
NEW YORK — Wall Street bonuses are climbing toward record highs again, according to government data released Monday showing that in 2017, the average bonus payout reached $184,220. That is an 17 percent increase compared to the previous year and ...
Tagged with: bonuses wall street
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Plus news on a long-awaited Sept. 11 trial and Chicago's gun-control law in this week's roundup.
Tagged with: gun control sept. 11 wall street
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August 24, 2015
Comments Off on Stocks slump; Dow briefly plunges 1,000 points
U.S. stocks slumped again Monday, with the Dow Jones industrial average plunging more than 1,000 points at one point in a sell-off that sent a shiver of fear from Wall Street to Main Street. Stocks regained some of that ground ...
Tagged with: China dow jones Stocks wall street
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June 29, 2015
Comments Off on Los Angeles considers stricter gun control
Los Angeles gun-control proposal heads news summary that includes a Wall Street lawsuit, gay rights in Asia and child-abuse policy debate in Montgomery County.
Tagged with: child sexual abuse gay rights gun control wall street
Read More »A federal appeals court dealt a blow to the government's success in insider trading prosecutions Wednesday by reversing two convictions with a decision that also jeopardizes a third — and attempts to further define how far prosecutors can push the law in their quest to clean up Wall Street.
Tagged with: crime insider trading legal news New York Stock Exchange united states wall street
Read More »The Federal Reserve is hurting savers by keeping interest rates low. Low rates cause inflation. Low rates cause financial instability.
Tagged with: federal reserve wall street
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