wall street

Wall Street-Tweak: Inform Retail Investors Of The Stock Borrow Earnings They Lose Out On.




wall street

Wall Street Vs. Main Street: The Epic Battle Continues - The Australian And Canadian Dollars Could Rise









wall street

Wall Street Breakfast: What Moved Markets This Week



  • Wall Street Breakfast

wall street

Wall Street Breakfast: The Week Ahead



  • Wall Street Breakfast






wall street

Wall Street Breakfast: What Moved Markets This Week



  • Wall Street Breakfast

wall street

Wall Street Breakfast: The Week Ahead



  • Wall Street Breakfast






wall street

Wall Street Breakfast: What Moved Markets This Week



  • Wall Street Breakfast

wall street

Wall Street Higher on Investor Optimism

U.S. stocks closed higher Thursday as investors appeared more optimistic about an economic recovery. The Dow Jones industrial average, S&P 500 and Nasdaq Composite Index were all up 1 percent.  For the tech-heavy Nasdaq, Thursday's close put it back in positive territory for the first time ...




wall street

Wall Street jumps despite historic job losses

Stocks on Wall Street jumped Friday despite historic job losses suffered by the economy. Fred Katayama reports.




wall street

Wall Street jumps despite historic job losses

Stocks on Wall Street jumped Friday despite historic job losses suffered by the economy. Fred Katayama reports.




wall street

Wall Street jumps as historic job losses fewer than feared

Major U.S. stock indexes jumped on Friday and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared.




wall street

Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy

A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown.




wall street

ASX falls as US oil price collapses, Wall Street tanks

Australian shares drop in the wake of US oil prices falling below zero for the first time, underscoring the chaos the COVID-19 pandemic has unleashed on the global economy.




wall street

ASX rises as Qantas rallies, Wall Street rebounds on tech gains

Australian shares rise, Qantas secures extra funding to get through the coronavirus crisis and US markets edge higher led by Microsoft, Apple and Amazon.




wall street

CEO and Managing Partner of Wall Street Broker-Dealer Charged with Massive International Bribery Scheme

The chief executive officer and a managing partner of a New York-based U.S. broker-dealer were arrested today on felony charges arising from a conspiracy to pay bribes to a senior official in Venezuela’s state economic development bank.



  • OPA Press Releases

wall street

21st annual “Wall Street Comes to Washington” roundtable

In the U.S., health care is big business—accounting for nearly one-fifth of the overall economy. And federal health policies often move financial markets. Understanding emerging health care market trends and their implications can provide critical context for federal policymakers. On Tuesday, November 15, the Leonard D. Schaeffer Initiative for Innovation in Health Policy, a partnership […]

      
 
 




wall street

Wall Street Journal – May 4, 2015

      
 
 




wall street

How Millennials Could Upend Wall Street and Corporate America


By 2020, Millennials will comprise more than one of three adult Americans. It is estimated that by 2025 they will make up as much as 75 percent of the workforce.  Millennials’ desire for pragmatic action that drives results will overtake today’s emphasis on ideology and polarization as Boomers finally fade from the scene. Thus, understanding the generation’s values offers a window into the future of corporate America.

Morley Winograd and Michael Hais outline the cultural force of the Millennial generation on the economy as Millennials increasingly dominate the nation’s workplaces and permeate its corporate culture. Winograd and Hais argue that the current culture on Wall Street is becoming increasingly isolated from the beliefs and values of America’s largest adult generation. The authors also include data on Millennials’ ideal employers, their financial behaviors, and their levels of institutional trust in order to provide further insight into this important demographic.

Key Millennial values shaping the future of the American economy include:

  • Interest in daily work being a reflection of and part of larger societal concerns.
  • Emphasis on corporate social responsibility, ethical causes, and stronger brand loyalty for companies offering solutions to specific social problems.
  • A greater reverence for the environment, even in the absence of major environmental disaster.
  • Higher worth placed on experiences over acquisition of material things.
  • Ability to build communities around shared interests rather than geographical proximity, bridging otherwise disparate groups.

Downloads

Authors

  • Morley Winograd
  • Michael Hais
Image Source: © Yuya Shino / Reuters
     
 
 




wall street

Wall Street follows Main Street in giving low-wage workers a raise


Jamie Dimon, chief executive of JP Morgan Chase, this week announced a raise for his bank’s lowest pay employees. The company’s worst paid workers currently earn $10.15 an hour. By next February their pay will increase to at least $12 an hour, a jump of 18 percent. Dimon’s announcement follows widely reported wage hikes at Starbucks, Target, Walmart and other employers with sizeable numbers of low-pay workers.

These pay hikes signal further tightening in the nation’s job markets, including the market for low-wage workers. The drop in the unemployment rate below 5 percent has made it harder for employers to fill job vacancies, putting pressure on them to boost pay, both to attract new workers and to retain the ones already on their payrolls. Although highly compensated men have obtained the biggest pay increases in recent years, men and women earning bottom-end pay have fared better in the past year compared with workers in the middle of the earnings distribution.

The good news on the wage front tells us two things. First, the tightening of the job market is finally translating into gains for ordinary workers. More workers who want jobs are finding them. And adults who’ve managed to hang on to jobs are now enjoying faster growth in paychecks. Between 2011 and 2014, hourly pay gains averaged a little less than 2.0 percent a year. Since the end of 2014 they’ve averaged about 2.5 percent. The improvement in nominal pay gains has been magnified by exceptionally slow consumer price inflation. In the two years ending in May, real hourly pay has climbed 1.9 percent a year.

Second, the recent tilt in pay gains in favor of low wage workers shows that increases in the legal minimum wage can have an impact. Even though the federal minimum wage has remained at $7.25 an hour for the past seven years, 29 states have minimum wages above that level; 11 have a minimum equal to or greater than $9.00 an hour. Not surprisingly, low-wage workers in states that have recently raised minimum wages have seen faster gains than those in states that have left minimums unchanged. Since a growing number of states and localities are boosting minimum wage levels, this trend toward faster pay gains at the bottom may continue for a while.

The recovery from the Great Recession has been slow and disappointing, but it has been lengthy. One indicator that has been slowest to recover is wages. At long last wages are climbing, both in the middle and at the bottom of the pay scale.

Authors

      
 
 





wall street

Wall Street in a 'strange dynamic': Pro

Robert Pavlik, Chief Market Strategist at Banyan Partners, says recent losses on Wall Street was caused by a myriad of factors, which include more than Chinese weak data and Ukraine tensions.




wall street

Stocks just posted their best month in decades, yet most of Wall Street hates this rally

"History tells us that the odds of another deep decline are very, very high," one strategist said.




wall street

This pregnant Goldman Sachs trader says Wall Street will never be the same after the coronavirus

After the coronavirus pandemic forced traders to work from home, Wall Street has gone virtual, leaning on tech platforms like Symphony and Zoom.




wall street

Wall Street is too optimistic as economies start reopening, Stephen Roach warns

One of the world's leading authorities on Asia is worried Wall Street is miscalculating China's efforts to reopen its economy.




wall street

Wall Street's 'incredibly strong month' is based on 'hope,' Jim Cramer warns

"Some of these hopes make more sense than others," the "Mad Money" host said.




wall street

Cramer's week ahead: Wall Street is having a 'curb-your-enthusiasm moment'

"'Sell in May and go away' is suboptimal advice, people, but this May, it just so happens that the market's run too much versus the fundamentals," the "Mad Money" host said.




wall street

Jim Cramer on Wall Street trading trends: 'This action makes little sense'

"The staples and the retailers should be moving in opposite directions" meaning "somebody's wrong here," the "Mad Money" host said.




wall street

Tesla's biggest bull says Wall Street skepticism is 'a wonderful wall of worry'

Ark Invest's Cathie Wood said on "Squawk Box" that demand in China and falling battery costs will continue to boost Tesla's stock.




wall street

Traders recap scary week on Wall Street and see more wild times ahead

Traders on the floor of the New York Stock Exchange swapped stories all week about the extreme trading conditions they witnessed.




wall street

Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.




wall street

Wall Street traders adapt to working from home as business booms

Trading firms had two main concerns about traders working from home: Would the technology work and would traders be able to effectively interact with each other and their clients. So far, traders are adapting.




wall street

Father of Wall Street's 'fear gauge' sees wild volatility continuing until coronavirus cases peak

Robert Whaley, who created the original VIX in 1992, says the most important thing for markets is to reduce the uncertainty around the coronavirus crisis.




wall street

Market correction could hit once Wall Street realizes fewer rate cuts are coming, Blackstone warns

Blackstone's Joseph Zidle predicts the Fed will cut rates but says Wall Street won't get what it wants, and stocks could fall as much as 20%.




wall street

Bear David Rosenberg believes Wall Street underestimating odds of another rate cut this year

Stocks flirt with record highs. Gluskin Sheff's David Rosenberg on the odds for another rate cut this year. With CNBC's Seema Mody and the Futures Now traders, Brian Stutland and Jim Iuorio, both at the CME.




wall street

Wall Street is underestimating the odds of additional interest rate cuts, market bear David Rosenberg says

Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting.