Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry, or New York–based financial interests.
Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities trading revenues. Reuters - Published
Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman.. Reuters - Published
The benchmark S&P 500 index ended little changed in a choppy session on Monday after Citigroup kicked off the second-quarter earnings season with mixed results. Fred Katayama reports.
Citigroup's quarterly profit and revenue rose and beat expectations Monday as the bank kicked off earnings season for the second quarter. Fred Katayama reports.
All three major indexes posted record closing highs Friday as solid expectations for an interest-rate cut from the Federal Reserve continued to propel shares ahead of next week's kickoff of the..
Nearly a ton of shredded paper was prepared and placed strategically throughout lower Manhattan on Tuesday, the eve of a ticker tape parade to celebrate the U.S. women's soccer team winning with World..
Nearly a ton of shredded paper was prepared and placed strategically throughout lower Manhattan on Tuesday, the eve of a ticker tape parade to celebrate the U.S. women's soccer team winning with World..
U.S. stocks fell Monday as Apple shares dropped following a broker downgrade. As Fred Katayama reports, investors also weighed chances of an aggressive interest rate cut by the Federal Reserve later..
Tesla handily beat Wall Street expectations on Tuesday for vehicle deliveries in the second quarter, sending shares up 8% as the performance tempered concerns about demand for the electric car maker's..
The S&P 500 and the Nasdaq closed higher Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the U.S.-China trade dispute. Fred Katayama reports.
Jumia Food, a unit of New York-listed e-commerce platform Jumia Technologies, is offering cheaper menu options in its African home market to attract lower-income earners as it seeks to boost growth...
Sen. Bernie Sanders proposed a plan to eliminate $1.6 trillion in student loan debt. According to Business Insider, he also wants to make all of public higher education tuition-free. The plan proposes..
On Monday U.S. presidential contender Bernie Sanders proposed a plan to cancel $1.6 trillion in student loans and pay for it with a tax on Wall Street, elevating the issue in the 2020 debate and going..
Wall Street should pay for student loan debt relief, at least according to Bernie Sanders. The Vermont senator and 2020 presidential hopeful is set to release a plan Monday ahead of the Democratic..
Sen. Bernie Sanders has a plan to completely eliminate student loan debt. According to CNN, there is $1.6 trillion of student loan undergraduate and graduate debt for around 45 million people. The plan..
Wall Street closed slightly lower Friday as tensions between the U.S. and Iran undercut positive sentiment stemming from Vice President Mike Pence's move to put off a planned speech on China policy...
The S&P 500 approached its record high Wednesday after the Federal Reserve signaled it could cut interest rates later this year. Fred Katayama reports.
(Reuters) - Wall Street’s main indexes were flat on Wednesday, as investors refrained from taking positions ahead of the Federal Reserve’s policy statement that is expected to open the door to..
Shares of pet product retailer Chewy soared as much as 87 percent in their first day of trading but finished with a 60 percent surge as Wall Street looks to get a piece of the growing $70 billion U.S...
Dave & Busters reported first-quarter same-store sales that fell short of Wall Street estimates. SunTrust Robinson Humphrey downgraded the stock to "hold." SunTrust Robinson Humphrey cited declining..
Wall Street posted modest losses Tuesday, snapping a five-session winning streak, amid renewed doubts the U.S. and China are close to ending their trade war. Conway G. Gittens reports.
Shares of Beyond Meat slumped 20 percent Tuesday, it's biggest one-day plunge since launching the most successful IPO of the year. The stock tumbled after lead underwriter J.P. Morgan downgraded the..
According to Business Insider, "Beyond Meat's stock has continued to soar after its first-quarter earnings topped expectations on Thursday. Shares are now trading more than 475% above their May..
Investors will get an update on Tesla from CEO Elon Musk and get the latest read on inflation. Fred Katayama has the preview of the week ahead on Wall Street.
A gauge of global stocks rose modestly on Monday after economic data from China came in as expected, but equities on Wall Street slipped on weakness in financials in the wake of Citigroup's earnings.. Reuters - Published
Wall Street's three main indexes edged lower in choppy trade on Monday, easing from record highs, as declines in Boeing and bank stocks after Citigroup's quarterly report were tempered by a rise in.. Reuters - Published
Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology.. Reuters - Published
Wall Street's main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating.. Reuters - Published
Surprisingly upbeat economic soundings from China pushed world shares toward an 18-month high and steered the Aussie dollar upwards on Monday, as Citigroup delivered Wall Street's first heavyweight.. Reuters - Published
Wall Street was set to extend last week's gains at the open on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating.. Reuters - Published
Citigroup Inc reported a 7% rise in quarterly profit on Monday as lower costs and strength in consumer lending helped the Wall Street bank counter weakness in its trading business. Reuters - Published
U.S. stocks hit record highs on Friday as high expectations for an interest-rate cut from the Federal Reserve continued to propel shares while investors awaited next week's kickoff of the corporate.. Reuters - Published
A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street's benchmark index advance, while oil prices fell on a forecast for weaker demand. Reuters - Published
A broad index of stocks around the world pared gains slightly on Thursday as healthcare shares limited Wall Street's rise, while oil prices turned lower on a forecast for weaker demand. Reuters - Published
In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector. Reuters - Published
U.S. stocks closed higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman Jerome Powell reassured investors about the.. Reuters - Published
A boom on Wall Street and a thriving technology sector have pushed the unemployment rate in Manhattan to record lows and propelled office leasing activity to its best first six months of a year in a.. Reuters - Published
U.S. stocks opened higher on Wednesday as hopes of an interest rate cut later this month were boosted by Federal Reserve Chairman Jerome Powell's comment that the central bank would "act as.. Reuters - Published
U.S. stocks fell on Monday, dragged down by losses in Apple and Boeing and as investors cut back bets of an aggressive interest rate cut by the Federal Reserve later this month. Reuters - Published
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