wall street
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Tech
Bitcoin tops $107K for first time as Trump boosts hopes for strategic reserve
Bitcoin’s record rally topped $107,000 on Monday after President-elect Donald Trump reiterated that he plans to create a US bitcoin strategic reserve similar to its strategic…
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Tech
SEC Chair Gary Gensler to step down after Wall Street clashes
Securities and Exchange Commission Chair Gary Gensler will step down on Jan. 20 when President-elect Donald Trump’s administration takes over, the agency…
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News
Your property rights could disappear in the ‘tokenized’ economy
Since January, blockchain technology company Digital Asset has issued at least eight press releases detailing its progress toward completing the…
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Stories
JPMorgan Chase denies $331 monthly pension to late employee’s widow
JPMorgan Chase has refused to pay out an estimated $331-a-month pension to the widow of one of the bank’s former…
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Business
Boss of Bank of America worker who died after logging 100-hour weeks loses oversight of lucrative unit
An embattled Bank of America executive was stripped of responsibility over a key money-making division — months after outcry over…
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Business
UK headhunter ‘scams Wall Streeters with fictional jobs, fake IDs’
A top London headhunter has been accused of tricking Wall Street traders into handing over private details of their fat…
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Business
Morgan Stanley profits surge as dealmaking roars back to life
Morgan Stanley said its third quarter profit surged 32% as it joined other bank titans in reporting a revival of…
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Business
Goldman profits surge amid investment banking rebound
Goldman Sachs reported a 45% surge in quarterly profits on Tuesday, boosted by a rebound in dealmaking that beat analysts’…
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Business
Dow, S&P 500 hit all-time highs
The Dow and S&P 500 scored record closing highs on Friday, with the big boosts from financial stocks after banks reported strong quarterly results…
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Business
Jamie Dimon dishes on possibility of taking US government post
JP Morgan CEO Jamie Dimon on Friday threw cold water on speculation that he might serve in the next US…
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