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wall street

Jun 13, 2022

Bear market hits Wall Street as stocks, bonds, crypto dive

Wall Street tumbled into what’s called a bear market after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below its record set early this year.

May 6, 2022

Stocks end rocky week with their 5th straight weekly decline

NEW YORK — A turbulent week on Wall Street ended Friday with more losses and the stock market’s fifth straight weekly decline. The latest pullback came as investors balanced a strong U.S. jobs report against worries the Federal Reserve may cause a recession in its drive to halt inflation. The S&P 500 ended with a […]

Jul 1, 2021

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.

May 26, 2021

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.

Aug 21, 2018

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 and 13 days, a record that few would have predicted when the market struggled to […]

Mar 30, 2018

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.

Mar 26, 2018

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 the closest Wall Street has come in more than a decade to its all-time high […]

Oct 26, 2015

A new entry into the legal ad pantheon

Plus news on a long-awaited Sept. 11 trial and Chicago's gun-control law in this week's roundup.

Aug 24, 2015

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 as the day wore on, but the Dow Jones industrial average finished the day down […]

Jun 29, 2015

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.

Dec 10, 2014

Appeals court deals blow to U.S. in insider trading cases

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.

Nov 13, 2014

Noah Smith: Why Wall Street hate for Fed’s low rates?

The Federal Reserve is hurting savers by keeping interest rates low. Low rates cause inflation. Low rates cause financial instability.

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