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Stories Tagged as

Wall Street

Stocks rise as Trump tweets on stimulus keep market spinning

by Associated Press
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
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COVID-19

Mergers and acquisitions have a very good summer

by Kristin Schwab
Sep 30, 2020
Why has there been a corporate rush to buy and sell, and what do trends within those deals mean.
Recessions can shift what kinds of business deals are made, and corporations see value in diversifying their portfolios.
Justin Heiman/Getty Images
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How can the government fight money laundering? Let's count the ways.

by Sabri Ben-Achour
Sep 23, 2020
Government resources can't keep up with transactions banks flag as fishy.
Spencer Platt/Getty Images
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Race and Economy

There have only been a handful of Black financial regulators, for generations

by Nancy Marshall-Genzer
Sep 7, 2020
Only 10 of 327 top financial regulators appointed by the president and confirmed by the Senate were Black.
About 3% of the financial regulators that oversee Wall Street have been Black, according to a report out from Georgetown University.
Angela Weiss/AFP via Getty Images
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Credit card companies need people to spend

by Justin Ho
Aug 31, 2020
Many credit card companies are launching new cards to capitalize on shifting consumer spending.
A customer signs a credit card receipt at an ice cream parlor. Card balances dropped by $76 billion in the second quarter.
Chris Graythen/Getty Images
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COVID-19

Wall Street record high belies widening gap between investor haves and have-nots

by Scott Tong
Aug 24, 2020
Who actually benefits when Wall Street hits a record?
The New York Stock Exchange in May. Stock wealth has become concentrated among fewer people in recent decades.
Johannes Eisele/AFP via Getty Images
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Elections 2020

Who are the political candidates Wall Street gravitates to?

by Janet Nguyen
Aug 12, 2020
Sen. Kamala Harris, Joe Biden’s vice-presidential running mate, is drawing support from many investors because they see her as the moderate choice.
Sen. Kamala Harris, Joe Biden's running mate, appears with him in Wilmington, Delaware. Harris is the first Black woman and first person of Indian descent to join a presidential ticket.
Drew Angerer/Getty Images
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COVID-19

Banks set aside billions, expecting big consumer loan defaults

by Nancy Marshall-Genzer
Jul 15, 2020
At the end of the first quarter of this year, U.S. consumers were a record $14.3 trillion in debt.
A view of the "Fearless Girl" statue on Wall Street. Americans' indebtedness is affecting banks' balance sheets.
Johannes Eisele/AFP via Getty Images
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Wall Street zooms higher on news of labor market improvements

by Associated Press
Jun 5, 2020
The S&P 500 was up 2.2% after the government said that U.S. employers added 2.5 million workers to their payrolls last month.
Stocks are rushing higher in morning trading Friday after a much better-than-expected report on the U.S. job market.
Kena Betancur/Getty Images
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Do you sometimes wonder, what is the stock market thinking?

by Sabri Ben-Achour
Jun 2, 2020
Mostly about the future — and the Fed.
Ever look at the stock market and make this face?
Johannes Eisele/AFP via Getty Images
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