Wall
US: Wall St opens lower after hot payrolls data stokes rate cut worries
WALL Street’s main indexes opened lower on Friday (Jan 10) after a better-than-expected jobs report fanned expectations that the Federal Reserve will take a measured approach to monetary policy...
Wall Street bonuses to jump by double digits at big banks
ATOP Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest bonus increases since the pandemic, with 10 per cent hikes –...
BlackRock leaves major climate group amid Wall Street exodus
BLACKROCK is parting ways with one of the world’s biggest climate investor groups after being targeted by Republican politicians for its efforts on global warming.The money manager said on...
Wall Street expected to shed 200,000 jobs as AI erodes roles
GLOBAL banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human...
US: Wall St opens muted as investors assess data, Trump economic emergency report
Wall Street’s main indexes opened subdued on Wednesday (Jan 8), as investors digested softer-than-expected jobs data and took stock of a report that said President-elect Donald Trump was mulling...
US: Wall St opens higher after report of selective Trump tariffs; chip stocks gain
WALL Street’s main indexes opened higher on Monday (Jan 6) as optimism around AI boosted technology stocks, and a report suggested the incoming Trump administration could adopt a less...
US: Wall Street ends sharply higher with assist from tech; investors eye Trump policies
US STOCKS rebounded on Friday (Jan 3) as investors neared the end of a holiday-shortened week that also rang in a new year, which brought with it expectations of...