Why “the house” always wins on Wall Street

Feb 8, 2022
In a new book, Wall Street Journal editor Spencer Jakab argues that the GameStop short squeeze did little to change power dynamics on Wall Street.
In a new book, Wall Street Journal editor Spencer Jakab argues that the GameStop short squeeze did little to change power dynamics on Wall Street.
Chris Delmas/AFP via Getty Images

Corporate boards became more diverse in 2021

Jan 4, 2022
Representation of women and people from underrepresented racial and ethnic groups increased significantly after 2020's pledges, data shows.
The number of directors from underrepresented racial and ethnic groups jumped by 25% last year, according to data from ISS Corporate Solutions.
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No noon meetings: Citigroup tries to address burnout

Oct 20, 2021
Along with protecting the lunch hour, the bank also suggested meetings should be no more than 45 minutes.
Bloomberg reports that Citigroup told staff to reduce meeting times and avoid lunchtime meetings.
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GameStop shares back up after Robinhood relaxes restrictions

After shares of the video game retailer closed down 44% Thursday, they were up about 80% at market open Friday.
Olivier Douliery/AFP via Getty Images

Winners and losers in the GameStop stock tug of war

Jan 28, 2021
Some small day traders don't mind losing a little if it means hedge funds lose a lot.
Small traders versus hedge funds: Who will emerge victorious?
Bruce Bennett/Getty Images

Who donated to Georgia runoff campaigns?

Most of the money from Wall Street went to Republican PACs.
Democrat Jon Ossoff has raised the most money in direct donations to candidates so far, according to the latest Federal Election Commission reports.
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The proposed S&P and IHS Market merger is all about consolidating data services

Nov 30, 2020
As Wall Street trading now relies heavily on computers and AI, data used to analyze various sectors is a valuable commodity.
Trading on Wall Street these days is different from what it used to be even 15 or 20 years ago.
Angela Weiss/AFP via Getty Images

S&P Global buys IHS Markit in $44B deal for data companies

Nov 30, 2020
Data collection has become pivotal on Wall Street as algorithms and high-speed trading overtake the traditional picking of stocks.
Douglas Peterson, S&P Global CEO, will hold that title at the combined company.
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Stocks rise as Trump tweets on stimulus keep market spinning

Oct 7, 2020
The president appeared to backtrack on his earlier decision to halt talks with Democrats over a new stimulus package.
Johannes Eisele/AFP via Getty Images