wall street
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Business
Jamie Dimon praises Elon Musk’s government efficiency commission proposal
JPMorgan Chase CEO Jamie Dimon praised Elon Musk’s plan for a government efficiency commission, calling it a “very good idea” while highlighting…
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Business
Ex-Goldman Sachs HQ is converted into luxury rentals with pads going for up to $10K a month
Goldman Sachs’ former Wall Street headquarters will soon welcome new tenants after a residential conversion – with renters paying up…
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Business
Why ‘capital preservation’ could be your riskiest — and worst — strategy for retirement
World peace. Calorie-free cheesecake. Sensible politicians with your interests at heart. Like all these pipe dreams, investment strategies promising both growth and capital preservation…
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Business
Nike stock surges as CEO Elliott Hill tries to rally the troops
Wall Street cheered Nike’s move to oust CEO John Donahoe this week as the sneaker giant’s stock, which had been…
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Business
Jason Ader, who helped topple Marissa Mayer, sued by own mom for $13M
A hedge fund mogul who helped oust former Yahoo CEO Marissa Mayer is being sued by his own mother in…
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Business
Dow nears record as hopes for bigger Fed rate cut revived
Wall Street’s main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the…
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Business
Investor hopes high for bigger interest rate cut, sending Dow near all-time high
Hopes for a big rate cut from the Federal Reserve next week got suddenly revived, sending the Dow near an…
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Business
JPMorgan, Bank of America to curb long hours for workers after fury over death of Leo Lukenas who logged 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…
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Business
Brown University trustee quits board over Israel divestment vote
Top hedge fund manager Joseph Edelman will quit Brown University’s board of trustees to protest a planned vote on whether…
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