Wall Street

Goldman Sachs is laying off fewer employees than feared, but the cut is still a deep one.The global investment bank is letting go of as many as 3,200 employees starting Wednesday, according to a person with knowledge of the firm's…
Read More...

New York CNN  —  The Wall Street Journal is demanding answers from the Phoenix Police Department after an officer detained and handcuffed one of its reporters outside a Chase…
Read More...

CNBC's Jim Cramer told investors to continue staying away from tech stocks, even after their gains on Monday."Just remember, if you were buying tech here off some weaker macroeconomic numbers, you're not investing, you're simply…
Read More...

Bryan Adams, the Canadian singer, famously reminisced about the summer of 1969, and now, investment analysts are as well. Nikolaos Panigirtzoglou, a strategist at JPMorgan, finds the recession that began in 1969 is…
Read More...

It’s bullish for the stock market that the average household’s equity allocation has declined as much as it has. I’m referring to an indicator that its creator, the anonymous author of the Philosophical Economics…
Read More...

Nike on Tuesday reported quarterly results that easily topped Wall Street's expectations while raising its outlook, as the company touted its success in clearing through its hefty inventory pile.Shares of Nike rose more than 10%…
Read More...

SYDNEY, Dec 20 (Reuters) - In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd , which runs the Australian stock exchange, told traders, share registry operators and clearing house…
Read More...

JannHuizenga Shares of Lucid Group, Inc. (NASDAQ:LCID) have seen an 81% revaluation to the downside so far in 2022, but negative sentiment regarding the electric vehicle ("EV") firm may have gone too far now. The repricing of Lucid’s…
Read More...

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.…
Read More...

Global markets were jolted overnight after the Bank of Japan unexpectedly widened its target range for 10-year Japanese government bond yields, sparking a sell-off in bonds and stocks around the world.The central bank caught markets off…
Read More...