Tag: Wall Street
New York (AFP) – Credit Suisse is under investigation in the United States to determine if it allowed traders use its network for improper transactions, the Wall Street Journal reported Thursday. The Financial Industry Regulatory ...
Fair warning: This book will make you angry. The Divide: American Injustice in the Age of the Wealth Gap, by Matt Taibbi, is a volume of stories. Like the Vietnamese refugee and rape victim in San ...
Washington (AFP) – The U.S. economy ground almost to a halt in the first three months of the year amid severe winter weather, official data showed Wednesday. Gross domestic product increased at an annual rate ...
Income inequality will continue to rise unless we close the performance pay loophole and curb the growth of executive compensation. For more, see “Fixing a Hole: How the Tax Code for Executive Pay Distorts Economic Incentives ...
by Lee Fang, Republic Report Congressman Walter Jones, a Republican who represents a wide swath of eastern North Carolina, might not strike you as a populist. But as a lawmaker, the veteran politician with a slow Southern ...
New York (AFP) – JPMorgan Chase Friday reported lower earnings due to a drop in its mortgage business as the U.S. banking giant seeks to turn the corner after costly legal settlements. JPMorgan, one of ...
New York (AFP) — The FBI said on Monday it was probing high-speed trading on Wall Street, a controversial practice in which computers carry out transactions in seconds or faster. Investigators are looking into possible ...
Billionaire political donor Ken Langone has acknowledged that his recent comments comparing Nazi Germany to the current populist fervor in the United States “may well have been [inappropriate].” On Tuesday morning, Politico published a report ...
Purveyors of Ferraris and high-end Swiss watches keep their fingers crossed toward the end of each calendar year, hoping that the big Wall Street banks will be generous with their annual cash bonuses. New figures ...
By John Riley, Newsday NEW YORK — Jurors in the federal trial of five former aides to Bernard Madoff saw a videotape of the Ponzi schemer telling a forum on the future of the securities ...
The far right had been trying to spark some sort of populist movement for decades. Finally in February 2009, as the public began to comprehend the magnitude of the financial crisis that had been killing ...
New York (AFP) – The S&P 500 was in record territory in early trade Monday, as US stocks rose ahead of a busy week of economic data and retail sector earnings reports. About 30 minutes ...
Today, the Weekend Reader brings you Young Money: Inside the Hidden World of Wall Street’s Post-Crash Recruits by New York magazine and NYMag.com business and technology writer Kevin Roose. Roose immersed himself in the Wall Street ...
London (AFP) – The fierce fall in global stocks showed no sign of abating on Tuesday, with Europe slipping after falls on Wall Street and in Asia, as weak U.S. data compounded worries about emerging ...
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