A new China worry is taking over Wall Street
There is a new worry coming out of China, and it's slowly taken hold of Wall Street.The country's government is cracking down on massive financial firms that have grown by making acquisitions overseas....
View ArticleWall Street is boldly ignoring stock market history
If Wall Street strategists are to be believed, the US stock market has already peaked for the year.That doesn't match up with history, which says stocks should have plenty further to climb.With the...
View ArticleBETTERMENT CEO: We 'could become the Amazon of financial services'
Amazon's insurmountable rise is one that every new startup seeks to replicate. The ecommerce juggernaut, which has humble beginnings in the book business, is transforming the retail business....
View ArticleThe founders of Robinhood, a no-fee stock trading app, were initially...
It’s hard getting funding for a startup, but it's even harder when the product doesn’t exist yet, still requires regulatory approval, and is being launched during the economic recession. But after 75...
View ArticleThe 125 most important finance people you have to follow on Twitter
Bill Ackman, one of the most famous hedge fund managers and founder of Pershing Square Capital, joined twitter last week.While @billackman1 has yet to tweet, some of his rivals and industry...
View ArticleIt's time for Wall Street to dump the Dow
I've been alive for nearly 37 years, and for as long as I can remember, the investing world has revolved around the iconic Dow Jones Industrial Average.The Dow, as it's more commonly known, isn't...
View ArticleThe stock market loved by Warren Buffett and Jeff Gundlach is about to get a...
India's stock market is attracting investor attention from around the world. Jeff Gundlach, founder and chief executive officer of DoubleLine Capital, has called India his "favorite stock market." In a...
View ArticleThe best bars in New York's Financial District
When it comes to bars in New York's Financial District, there's no shortage of choices. But you only want the best, so we've put together a list of the top 18 bars in the area, based on Yelp reviews,...
View ArticleUBS: Ferrari is about to go through a 'seismic shift' (RACE)
Italian automaker Ferrari’s stock is up over 70% since its 2015 IPO, and it's not going to slow down any time soon, according to new research from UBS.Analysts at the Swiss bank predict that a new...
View ArticleJPMorgan launched a new tool to help fill 7,500 finance jobs in New York City...
Thousands of finance jobs are available in New York City, and JPMorgan is trying to fill them with a new search tool.On Wednesday, the bank and the Council for Adult and Experiential Learning unveiled...
View ArticleUS shale firms are teaming up with Wall Street to frustrate OPEC
US shale producers survived an oil price crash and confounded OPEC's efforts to drain a global glut by employing innovative drilling and production techniques. Now, some of these producers are turning...
View ArticleStash, now valued at $240 million, lets anyone start investing in the stock...
Brandon Krieg spent more than 15 years working as a trader on Wall Street. But he left his career for the startup world after being asked a simple question from a financially savvy friend: "Where...
View ArticleThe equity chief at $5.4 trillion investment firm BlackRock says you should...
Stock investors and Wall Street analysts are divided when it comes to financial stocks.While optimistic traders have pushed the S&P 500 Financials Index up 7.4% this year, putting it less than 1%...
View ArticleOverconfident traders wind up on the wrong side of a $30 billion bank bloodbath
It's good to invest with conviction. Just not too much conviction.That lesson rang true Friday, as overconfident traders found themselves on the wrong side of a massive bank sell-off, which at its...
View ArticleMORGAN STANLEY: These are the best stocks to own in 2018
Every year, Morgan Stanley analysts comb through their wealth of research to find the stocks they're most bullish on for the next year. Last year's list posted a return of 11.38%—roughly 1% behind the...
View ArticleThe head of $5.7 trillion fund giant BlackRock says the biggest trend in...
Passive investing has changed Wall Street forever, driving costs down for mom-and-pop investors.It's also causing problems for the active money managers who are struggling to compete. Mutual fund...
View ArticleBank of America is getting punished for missing on a key metric (BAC)
Bank of America isn't living up to its self-generated hype, and investors are making the bank pay.The company's stock dropped as much as 1.7% on Tuesday, even after it reported quarterly profit and...
View ArticleA top trader at Deutsche Bank has reportedly left after a bet went wrong to...
Jacob Bourne, the head of Deutsche Bank’s inflation trading desk, has left the German lender, Bloomberg News’ Donal Griffin and Dakin Campbell reported Thursday.Bourne helped run the desk for less than...
View ArticleAlphabet had a massive quarter, and everyone thinks the stock is going well...
It was another huge quarter for Google's parent company Alphabet.With over $26 billion in revenue, that record-breaking $2.7 billion EU fine seemed like a drop in the bucket.But the stock still dipped...
View ArticleMOELIS: The rise of Amazon is going to drive a surge in dealmaking (MC)
Wall Street boutique investment bank Moelis & Company is expecting the rate of mergers and acquisitions to continue its climb as retailers struggle to compete with Amazon.“There’s a fundamental...
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