wall street

Wall Street is going toward a straight free fall -- no one knows what's going to happen with the market

Talk to enough Wall Street executives and you come away with something very unsettling: No one knows what’s going to happen with markets and, by extension, the economy — and...

Top Dem donor says it's 'wishful thinking' that Biden will quit race despite 'appalling' debate

“I thought the performance was appalling but not catastrophic, and there is more than enough time to turn it around,” Myers added.

Wall Street junior bankers still battling burnout by logging 100-hour weeks amid 35-year-old associate's death: survey

Overheard on Wall Street, a social media platform popular with bankers, spoke to young staffers last month who said their intense workload was taking a toll on their well-being.

Walgreens could shutter over 2K stores as sales plunge amid stubborn inflation

Walgreens announced it will be cutting its profit forecast for the fiscal 2024 year and closing more stores across the US in its latest attempt to deal with a "difficult...

Citigroup urges staffers to 'keep cool' as anti-Israel protesters surround NYC headquarters

Video obtained by the Post shows pro-Palestinian protesters waving signs and chanting slogans including "From the river to the sea, Palestine will be free" and "From the sea to the...

Amazon hits $2T in market value for the first time as AI fervor, rate cut bets drive gains

Amazon Web Services is the largest cloud services provider in the world, and growth at the Amazon unit has returned after a dip in the past year, thanks to surging adoption of AI technologies.

Fugitive financier cuts $100M DOJ deal to forfeit paintings by Warhol, Monet

A fugitive Malaysian money man who once partied with Leonardo DiCaprio has struck a $100M deal to settle lawsuits accusing him of buying luxury art with embezzled funds.

Millionaire investment banker filmed punching woman near Pride event quits job

Jonathan Kaye was identified as the man who was filmed punching the woman and knocking her unconscious in Park Slope on the night of June 8.

Stock market could drop 5% or more before end of 2024: Wall Street analyst

CFRA Research's chief investment strategist said a tech-driven recent rally of share prices could come to an end after data for June showed that Americans were feeling gloomy about the...

Fisher Investments sells stake to Advent, Abu Dhabi: report

The firm's founder and executive chairman, who is worth an estimated $5 billion, said the agreement would guarantee the firm's 'independence' if he ever decides to stand down.

Wall Street-area office market sees strong leasing activity in May, CBRE report finds

The market saw 321,000 square feet of office deals last month, according to CBRE -- 17% ahead of the five-year monthly average of 274,000 square feet.

Wall Street bankers, lawyers losing out on hundreds of millions in fees after Paramount's scrapped merger: sources

Wall Street bankers and white-shoe law firms are losing out on hundreds of millions of dollars in fees after Shari Redstone this week made a last-minute decision to scrap plans...

Biden to nominate CFTC commissioner to lead 'toxic,' scandal-ridden FDIC

President Biden will nominate Christy Goldsmith Romero to replace Martin Gruenberg as chair of the Federal Deposit Insurance Corporation, the White House said.

Roaring Kitty may have liquidated his sizable stake in GameStop amid trading frenzy

Keith Gill, the meme stock trend-setter known as Roaring Kitty, may have sold off his recently-disclosed options in GameStop amid a surge in trading, market experts speculated. Gill -- who...

Inflation shows more signs of easing as wholesale prices drop 0.2% for May a day after retail prices decrease

When excluding food, energy and trade services, PPI was unchanged. Analysts expected that PPI would rise 0.3%.

The US economy is facing its 'two biggest issues' in one day -- here's how it could affect your wallet

New inflation data and the Federal Reserve's interest rate decision are set to be released, tackling inflation and monetary policy.

Wall Street, Texas, Europe’s nationalist rebellion and other commentary

"The new Texas Stock Exchange is another sign" New York is “losing its dominance in finance,” Allison Schrager says.

Wall Street firms part of 'climate cartel,' colluded to curb emissions: House report

In the Judiciary Committee's report, the committee staff accuse President Biden's administration of failing to "meaningfully investigate the climate cartel's collusion, let alone bring enforcement actions against its apparent violations...

'Roaring Kitty' YouTube livestream fails to lift GameStop stock as shares tank by 40%

Shares of GameStop were down by more than 40% as of 1:15 p.m. Eastern time despite the highly anticipated reappearance by "Roaring Kitty."

GameStop shares slip on disappointing sales drop despite 'Roaring Kitty' YouTube livestream

Investors geared up for the YouTube return of Keith Gill, the stock influencer whose recent posts have sparked a rally in so-called meme stocks.