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SAC: 'A magnet for market cheaters'?

Jul 25, 2013
The Justice Department has charged big hedge fund SAC with insider trading.
Posted In: Wall Street, insider trading, hedge funds, sac capital

Why your bank might own an oil tanker

Jul 23, 2013
Banks are coming under scrutiny for doing business outside of banking, like owning metal warehouses and power plants. The Senate Banking Committee and federal regulators are looking into whether big banks are profiting at the consumer's expense.
Posted In: Wall Street, aluminum

Bank of America profits and America's banks

Jul 17, 2013
Bank of America is the latest major U.S. bank to report strong profit growth. But does the mean the economy is healing?
Posted In: Banks, Goldman Sachs, JPMorgan Chase, Wall Street

Earnings calls: A banker's driveway moment

Jul 16, 2013
In an effort to spice up boring earnings conference calls, Yahoo added a live video stream of Marissa Mayer today. Netflix will do the same, with a twist, next week.
Posted In: Wall Street, Yahoo, conference calls

Wall Street movie looks at life as the bull

Jul 12, 2013
For the past 23 years, there's been one up-close observer of Wall Street. A new short film offers perspective from the point-of-view of The Charging Bull of Wall Street.
Posted In: Wall Street

Fantasy trading site allows users to 'play' the stock market

Jul 11, 2013
Players are signing up for Wall Street Magnate in droves, in part, because the simulated experience reflects the stock market in real time.
Posted In: Wall Street, trading, stock market, games

Thomson Reuters expected to suspend data sneak peaks: Report

Jul 8, 2013
Is ok to pay to get the jump on market-moving news? Thomson Reuters is expected to suspend the practice of selling so-called sneak peeks of certain economic data to select clients today.
Posted In: reuters, stock market, big data, Wall Street

Bitcoin entrepreneurs barrel ahead despite legal clouds

Jul 3, 2013
A crop of start ups with venture capital backing are trying to make Bitcoin more mainstream and easy to trade.
Posted In: bitcoin, Wall Street, currency

Gold buyers, Wall Street both hate Bernanke right now

Jun 20, 2013
The markets take a hit in the wake of Fed chairman Ben Bernanke’s “good” news about the economy.
Posted In: Wall Street, gold, Bernanke, QE2

Sorry to say, but an apology costs money

Jun 19, 2013
SEC chairman Mary Jo White is pushing for more admissions of wrongdoing in cases of widespread harm to investors .
Posted In: Wall Street, Wall Street Reform, Mary Jo White, Securities and Exchange Commission

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