Displaying all articles tagged:

Wall Street

  1. the economy
    Is This What a Recovery Looks Like?The economic data is brightening. But it’s still hard to reconcile Wall Street’s euphoria with Main Street’s boarded-up (and/or broken) windows.
    By Eric Levitz
  2. the economy
    An Economist Who Called the 2008 Crash Says We’re In for a Long DepressionNouriel Roubini predicted the 2008 crash. Now, he’s warning that the America is hurtling toward food riots — and then a decade-spanning depression.
    By Eric Levitz
  3. the top line
    What Morgan Stanley Is Getting by Buying E-TradeThe lesson here for retail-brokerage clients is to figure out whether they are keeping too much money in cash.
    By Josh Barro
  4. the economy
    Trump Tax Cuts Gave $18 Billion Bonus to Big Banks in 2019Last year, our “populist” president’s signature legislative achievement made Wall Street’s titans immensely richer.
    By Eric Levitz
  5. the top line
    Here’s Why Mike Bloomberg Is So RichWith $53 billion to his name, he is very wealthy even by billionaire standards. And his net worth has grown in some surprising ways in recent years.
    By Josh Barro
  8. vision 2020
    Can Cory Booker Revive His Flagging Campaign?Booker is a very good candidate … on paper. If he’s going to make a move in the race, it’s got to be now.
    By Ed Kilgore
  9. vision 2020
    The Emerging Anybody-But-Warren CampaignAs Elizabeth Warren becomes more popular, claims that her nomination would throw the election to Trump — or even wreck the economy — are spreading.
    By Ed Kilgore
  10. buyer's market
    Brokers Are Cutting Stock Trade Commissions to $0. What’s the Catch?You may have heard the expression, “If you’re not paying for it, you’re not the customer, you’re the product.”
    By Josh Barro
  11. feature
    The Wall Street Billionaire and the Ultimate College HedgeDavid E. Shaw’s broad, risk-averse strategy, applied to university admissions.
    By Ava Kofman and Daniel Golden
  12. elizabeth warren
    Warren Secures Coveted Accidental Endorsement From Frightened FinanciersAs Team Biden questions the authenticity of Warren’s populism, conservative financial journalists (unintentionally) rally to her defense.
    By Eric Levitz
  15. #metoo
    Feeding the WolvesSara Tirschwell accused her Wall Street boss of misconduct, but that was just the beginning of her troubles.
    By Anna Silman
  16. vision 2020
    Elizabeth Warren’s Latest Plan Targets Her Favorite Enemy: Wall StreetThe new installment of her “economic patriotism” agenda takes an even more adversarial tone against private equity and powerful bankers.
    By Sarah Jones
  17. the top line
    The Banks That Ran Uber’s IPO Feared This Would HappenThe stock tumbled in its first few days on the market. But did the banks make it worse?
    By Josh Barro
  18. vision 2020
    Wall Street Democrats Are Absolutely Freaking Out About Their 2020 CandidatesBiden? Pete? Trump?! 
    By Gabriel Debenedetti
  19. the zucc
    Facebook Sets Aside $3 Billion for FTC FineDespite news that the FTC is preparing to levy the largest fine ever against a tech company, Facebook’s stock price rose this morning.
    By Brian Feldman
  22. wall street
    Tragedy Strikes the Finance Bro CommunityPatagonia has stopped selling its fleece vests to certain firms.
    By Gabriella Paiella
  23. vest is best?
    Panicked Wall Street Bros Wonder: What Is Business-Casual???Relax, my dudes!
    By Claire Lampen
  24. fill the swamp
    Trump Administration Brings Relief to Long-suffering Predatory LendersThe Consumer Financial Protection Bureau just gutted another consumer financial protection.
    By Eric Levitz
  25. the dish
    Augustine’s Viennese Wedding Soup Is Like a Middle-European RamenAustrian comfort food par excellence.
    By Rob Patronite and Robin Raisfeld
  26. vision 2020
    Progressive 2020 Hopefuls Are Courting Wall Street CashBut that doesn’t necessarily mean they’re secret centrists.
    By Eric Levitz
  29. power
    Wall Street Geniuses Just Can’t Figure Out How Not to Harass Women#MeToo is “creating a sense of walking on eggshells,” according to one man, who oversees $1.5 billion in assets.
    By Madeleine Aggeler
  30. wall street
    Goldman CEO Is Shocked – Shocked – to Find Fraud Is Going On in HereCEO David Solomon said that he is “personally outraged” over his bank’s role in abetting financial fraud in Malaysia.
    By Eric Levitz
  31. 2008
    Steve Bannon on How 2008 Planted the Seed for the Trump Presidency“That lit a match, and the explosion was Trump.”
    By Noah Kulwin
  32. 2008
    Sheila Bair on What Hasn’t Changed Since the Great Recession“The financial system we have is basically the financial system we had in 2008.”
    By Nick Tabor
  33. 2008
    What a Foreclosure-Boat-Tour Operator Saw During the Great Recession“It breaks my heart to see what I had to do to a guy who had nowhere to go.”
    By Marc Joseph as told to Alexa Tsoulis-Reay
  36. 2008
    We Are Still Living in the Ruins of the 2008 CrashTen years after Wall Street’s doomsday, how the financial meltdown broke the modern world and left us living in this one.
  37. Major Investors Believe a Populist Democratic Government Is ComingPortfolio managers are trading bank stocks for cash, fearing a Democratic takeover of the House will embolden the party’s progressive wing in 2020.
    By Eric Levitz
  38. No, Democratic Populism Won’t Force Republicans to Accept Big GovernmentReihan Salam wants Republicans to develop a positive agenda of universal programs the white working class will embrace. It’s not going to happen.
    By Ed Kilgore
  39. Regulators Fine Wells Fargo $1 Billion for Abusing ConsumersThe penalty is the largest that the Consumer Financial Protection Bureau has ever imposed on any lender.
    By Eric Levitz
  40. The 4 Biggest Banks Have Already Made $2.3 Billion Off Trump’s Tax CutsThe president promised that his tax law would not favor the “wealthy and well-connected.”
    By Eric Levitz
  43. The Democratic Party Is Moving Left – Except When You’re Not LookingSenate Democrats’ support for an indefensible bank bill shows that when public interest is low, Wall Street can still run Team Blue’s show.
    By Eric Levitz
  44. Goldman CEO Lloyd Blankfein Is Reportedly Preparing to Step DownMore time to let the beard grow.
    By Adam K. Raymond
  45. Trump Bids Good-bye to Gary Cohn — and Empirical RealityThe president’s worst impulses had been constrained by deference to the stock market and corporate America. Now, he’s thumbing his nose at both.
    By Eric Levitz
  46. Democrats to Gut Banking Regulations, for Bipartisanship’s SakeIn the Senate, lawmakers put aside their differences, and work together to help banks abuse consumers and jeopardize our financial system.
    By Eric Levitz
  47. select all
    Kylie Jenner Tweets, Snapchat Loses a Billion DollarsHer criticism of the app exacerbated investor fears.
    By Brian Feldman
  50. wall street
    Money Manager Busted for Posing As Rival in Online Sex AdsCyberbullying hits Wall Street.
    By Katie Van Syckle
  51. Some Wall Street Traders Preparing for ‘Big, Fat Zeroes’ in Bonus SeasonBreak out the tiny violins.
    By Adam K. Raymond
  52. select all
    How a Group of Computer Geeks and English Majors Transformed Wall StreetIn the 1980s, a quiet hedge fund located above a Marxist bookstore launched a revolution that would change finance (and give us Amazon).
    By Michelle Celarier
  53. corporate feminism
    Wall Street Has Finally Found a Way to Cash in on Sexual-Harassment StoriesA new exchange-traded fund will only invest in major corporations that have strong policies against sexual harassment.
    By Madeleine Aggeler
  54. millionaires and billionaires
    Billionaire Republicans Privately Diss Trump“He’s amusing as my friend, but he’s not very amusing as president of the United States. And I’m a Republican.”
    By Michelle Celarier
  57. the national interest
    Fake Democrat Urges Democrats to Favor Wall StreetDemocrats “should strengthen ties to Wall Street,” even though America hates Wall Street.
    By Jonathan Chait
  58. corporate feminism
    Bank Responsible for Fearless Girl Statue Settles Gender Pay Discrimination SuitState Street agreed to pay out $5 million on Wednesday.
    By Gabriella Paiella
  59. Fed Chair Warns Trump Not to Roll Back Wall Street RegulationsJanet Yellen offered a vigorous defense of financial reform on Friday — and may have jeopardized her future at the central bank in the process.
    By Eric Levitz
  60. Instead of a Reassuring Senior Communications Director, Trump Chose the MoochAt a time when the White House could benefit from a steady, respected hand to run the communications shop, Trump went in a very different direction.
    By Ed Kilgore
  61. Gary Cohn Is the Front-runner to Replace Yellen As Fed Chair: ReportThe former Goldman Sachs president could soon lead one of the most powerful regulators of Wall Street.
    By Eric Levitz
  64. GOP Congressman Loses $17 Million on Biotech StockChris Collins got House Republicans discounted shares in a biotech firm. Now he’s facing an ethics investigation, and the stock has plummeted.
    By Eric Levitz
  65. Goldman Sachs Accused of Giving ‘Lifeline’ to Venezuela’s Socialist DictatorAs Nicolás Maduro’s forces kill protesters and poor Venezuelans starve, the bank’s bond deal put $865 million into the ruling regime’s coffers.
    By Eric Levitz
  66. art du jour
    Artist Protests Fearless Girl by Installing Pissing Pug Statue Beside It“It has nothing to do with feminism.”
    By Devon Ivie
  67. Markets Start to Wonder If the President Might Be an Incompetent LunaticWall Street was sure Trump would be a disaster, until he won. Now, its blind euphoria at the prospect of tax cuts is starting to fade.
    By Eric Levitz
  68. Chaos in Washington Dimming Prospects for GOP Tax CutsCongress was already running out of time to enact tax reform this year. Now all hell has broken loose, and Wall Street isn’t thrilled.
    By Ed Kilgore
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