wall street
Investor hopes high for bigger interest rate cut, sending Dow near all-time high
Traders in swaps markets predicted a 47 per cent chance that Fed officials could opt for a bumper cut at a meeting in Jackson Hole on Tuesday
Dow flirts with record amid revived hopes for jumbo Fed cut
Wall Street finished a winning week as bets of a 50-basis point rate cut jumped.
NY hedge fund titan set to divorce ex-Manhattan DA candidate
A lawyer for the hedge fund titan, a 51-year-old longtime Democrat donor, filed for divorce on April 4 from his wife of 14 years.
JPMorgan, Bank of America to crack down on long hours after death of banker who worked 100 hours per week
Two of Wall Street's largest banks are reportedly planning to clamp down on the number of hours that junior bankers work per week in the wake of outrage over the...
Dow erases 700-point drop as investors shrug off inflation numbers, rising odds of Harris winning White House
Underlying inflation showed some stickiness, which could discourage the Fed from delivering a half-point rate cut next week
JPMorgan's CEO says many 'extremely' qualified execs are prepared to run bank
Jamie Dimon previously signaled his timeline for stepping down is no longer five years and could be as soon as two-and-a-half years.
Brown trustee resigns over Israel-bashing BDS vote
Top hedge fund manager Joseph Edelman accused the Ivy League school of "promoting antisemitism".
Dow jumps nearly 500 points, rebounding after Wall Street's terrible week
Global markets were rattled last week as uncertainty over the US economy's health rippled across assets.
Dow has worst week in over a year after lackluster jobs report spooks investors
Labor Department data showed US employers added 142,000 jobs in August, shy of analyst expectations, while jobs growth for July was revised down to 89,000, also below estimates.
Top Wall Street rainmaker left Evercore after 'affair' with younger banker: sources
It was announced in April that Adam Taetle, 55, would leave his job as a senior managing director at Evercore. He joined Lazard at the end of June.
Dollar Tree stock falls 20% after cutting forecasts amid stubborn inflation
Shares of Dollar Tree were trading at around $65 a share on Wednesday -- the lowest in more than four years.
Global stocks tumble after Wall Street drops on worries about the economy
World stocks tumbled Wednesday after Wall Street had its worst day since early August, with heavyweight Nvidia falling 9.5%, leading to a global decline in chip-related stocks.
Citadel's Ken Griffin launches fresh attack at 'brazen' SEC cash grab: report
Known as CAT, the system gives regulators a real-time record of all investor and transaction activity across all US markets, including the New York Stock Exchange and the NASDAQ.
Goldman Sachs set to fire more than 1,300 employees: WSJ
The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank's ongoing review to cull poor performers, the Wall Street Journal reported.
Dow hits record close again as inflation data raises hopes of Fed rate cut
The Dow jumped more than 200 points to close at 41,563.08. It was the blue-chip index's fourth record close this week and 26th this year.
Fed's preferred inflation gauge ticked up in July as likely interest cut looms
The "core" PCE -- which excludes food and energy prices due to their volatility -- rose 2.6%, which was lower than the 2.7% that was predicted.
Bill Ackman seeks to revive botched Pershing Square USA IPO: report
The 58-year-old tycoon nixed plans to float his highly-touted new fund on the New York Stock Exchange last month after investor demand fell short of his lofty expectations.
Dow finishes at another record as investors shift Nvidia focus to the economy
The blue-chip index closed at a record for the third time this week.
Nvidia's rise a testament to American success — and why government should get out of the way
Wednesday evening, computer chip and software maker Nvidia announced it made $30 billion in revenue last quarter — double what it made a year ago, and beating Wall Street expectations.
Nvidia stock down as tech firm fails to impress with Q3 revenue forecasts
Investors had lofty expectations from the chipmaker, following a more than seven-fold surge in Nvidia's shares over the last two years.