Business Accounting
Wall Street Is Losing Its Edge. Here’s Where the Smart Money Is Moving Now.
Stocks are stale, crypto lost its sparkle, and bonds are boring. Here's where the real action (and fun) is now.
By Roy Dekel
Wall Street
Business News
Big Wall Street Banks Are Limiting Workweek Hours — to 80
Junior bankers are reporting 100-plus hour workweeks. Now, Wall Street's overwork culture is back under scrutiny.
By Sherin Shibu
Business News
Wall Street Banks Slapped with $549 Million in Fines for Using WhatsApp ‘Off-Channel’ at Work
Among the fined banks, Wells Fargo faces the steepest penalty at $125 million.
Thought Leaders
She’s The First Bangladeshi Woman to Work On Wall Street. This Is The Mindset Shift She Made to Convince Skeptics to Invest In Her Longshot Mission.
As every entrepreneur knows, getting others to believe is the first major hurdle. Durreen Shahnaz, founder of the world's first social impact stock exchange, shares her hardwon insights on selling unconventional ideas.
Business News
Will Apple Acquire Disney? An Influential Analyst Thinks So. ‘Worth More Together.’
A merger would increase Apple's value by 15% to 25%.
Business News
The Average Wall Street Bonus Decreased By 26% in 2022, According to a New Report
It's the largest drop since the Great Recession.
Business News
What Did Bernie Madoff Do? Everything to Know About the Disgraced Financier Ahead of Netflix’s ‘Madoff: The Monster of Wall’
Bernie Madoff died in prison while serving a 150 sentence for his crimes.
Business News
Life on Wall Street Was Confidential, But Gen Z Is Flipping the Script
The biggest firms don't want to give up control of the narrative completely.
By Amanda Breen
Business News
What Pret a Manger’s Sandwich Sales Can Tell Us About Wall Street’s Work-From-Home Habits
The 'Pret Index' is real.
By Amanda Breen
Business News
Top Investment Banks Boost Intern Pay to $16,000 a Month Amidst Wall Street Talent War
Wall Street is dishing out millions to compete for top-tier talent in an airtight labor market.
Business News
The First Quantum Computing Company Makes Wall Street Debut
IonQ made history by becoming the first quantum computing hardware company to go public.
Business News
Economist Nouriel Roubini Warns of Growing Risk of Stagflationary Crisis
'The rosy scenario that is currently priced into financial markets may turn out to be a pipe dream,' Roubini says.
Business News
Stock Futures Rise Ahead of Unemployment Data Release
Wall Street futures edged up on Thursday as investors looked to the weekly jobless claims filings.
Business News
Bernie Madoff, Wall Street Financier and Ponzi Scheme Organizer, Has Died at Age 82
Madoff carried out the biggest pyramid scheme in US history before going to prison in 2009.
Business News
After Failing Miserably the First Time, WeWork Merges With NBA Owner’s SPAC for Second Shot at Going Public
The coworking startup gets a new lease on shareholder life thanks to BowX Acquisition Corp.
By Kenny Herzog
Business News
Amid Intense Criticism, Wall Street Firms Are Now Giving Junior Bankers 6-Figure Bonuses in a Desperate Bid to Retain Them
The announcements come as junior-level analysts and associates have raised concerns about their overwhelming workloads.
By Justin Chan
Business News
Customers Are Angry at Wells Fargo and JPMorgan for Stimulus Checks Delays
The Wall Street banks are facing criticism after announcing that customers would receive payment no earlier than Wednesday.
By Justin Chan
Business News
Youngest Female Trader on Wall Street Reveals She Only Earned $12,000 Per Year
Lauren Simmons made history as the youngest full-time trader on Wall Street at age 22, but she still needed her family to help support her.
Business News
Stripchat Becomes First Adult Cam Site to Launch a SPAC
Yep, that's where we are with the stock market now.
By Kenny Herzog
Business News
Coca-Cola Stock Is Out, PepsiCo Stock Is In
The Coca-Cola Company whiffs in the fourth quarter.
Business News
Bumble, One of the Top Dating Apps, Is About to Go Public. We Pored Over Its 247-Page Filing to Find 4 Key Takeaways.
The company's S-1 filing highlights its top investor and some of the risk factors Bumble faces.
Business News
Reddit Celebrated WallStreetBets in a Five-Second Super Bowl Ad
"Maybe you'll be the reason finance textbooks have to add a chapter on tendies."
By Steve Dent
Business Accounting
4 Lessons From GameStop’s Price Frenzy
Avalanches and tsunamis happen in the natural world. Why not in modern finance?
By Sarah Austin
Business News
Robinhood Clients Say Platform Has Removed GameStop and AMC, and Is Only Allowing Holders to Sell
The move comes after traders organizing on Reddit forums furiously bid up the shares in an unprecedented short squeeze.
By Ben Winck
Business News
Discord Bans Reddit’s WallStreetBets for Hate Speech as Scrutiny Intensifies
The controversial subreddit is struggling under an influx of new users.
By Karissa Bell
Business News
What Is Going on With GameStop? Meme Stocks Explained.
Thanks to some financially savvy Redditors, and a push from Elon Musk, a number of flailing companies, including GameStop, are having a great week on the stock market. Here's what you need to know.