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US regulators mulling bid to limit bonuses for Wall Street execs: Report

Executive pay on Wall Street has long been a hot-button issue, with critics pushing for restrictions and arguing for more stringent clawback provisions.

The Federal Reserve is not involved in drafting the proposal, the report said. (AFP)
Published on Apr 20, 2024 12:06 AM IST
Reuters |

JPMorgan prioritises CEO transition, drops hint at Jamie Dimon's successor

JPMorgan Chase's board said an orderly CEO transition is a top priority for the largest US bank in the medium term, 18 years after Jamie Dimon took the helm.

Jamie Dimon, who took the reins in 2006, is among a group of financial CEOs whose names have been floated for senior economic roles in government.(REUTERS)
Published on Apr 08, 2024 07:54 PM IST
Reuters | ByShweta Kukreti

Trump's Truth Social takes Wall Street by storm, hits $8 billion valuation

Truth Social makes waves on Nasdaq and takes the stock market by storm, soaring to an $8 billion valuation.

Donald Trump's newt worth surges, as he enters into the world's 500 wealthiest people for the first time. REUTERS/Alyssa Pointer/File Photo(REUTERS)
Updated on Mar 27, 2024 11:49 AM IST

Elon Musk defends drug usage: ‘I use Ketamine because…’

Elon Musk defends ketamine use for mood swings and performance enhancement, amid concerns from Wall Street.

Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars after a visit in Gruenheide near Berlin, Germany, Wednesday, March 13, 2024.((AP Photo/Ebrahim Noroozi))
Published on Mar 18, 2024 09:34 PM IST

Stock market today: Wall Street clings to modest gains and marks another winning week

Stock market today: Wall Street clings to modest gains and marks another winning week

HT Image
Updated on Feb 24, 2024 11:38 AM IST
AP |

‘Catalyst’ Nvidia may drive another stock market rally in US: JPMorgan traders

Stock-market investors were eagerly awaiting the Nvidia results, largely on hopes that it would rekindle the sentiment that helped drive last year’s rally.

A sign for a Nvidia building is shown in Santa Clara, California.(AP)
Updated on Feb 23, 2024 12:06 PM IST
Bloomberg |

Wall Street update: S&P 500, Dow ends mostly higher. Reason? Wave of buying

Wall Street update: The S&P 500 rose 6.29 points, or 0.1%, to 4,981.80. The benchmark index spent much of the day in losing territory before climbing higher.

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, US.(Reuters)
Published on Feb 22, 2024 08:08 AM IST
AP |

Stock market today: More weakness in technology companies pulls Wall Street lower

Stock market today: More weakness in technology companies pulls Wall Street lower

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Updated on Feb 22, 2024 09:28 AM IST
AP |

Stock market today: Wall Street skids after inflation remains stubbornly high

Stock market today: Wall Street skids after inflation remains stubbornly high

HT Image
Updated on Feb 14, 2024 11:06 AM IST
AP |

Wall Street snubs China for India in a historic markets shift

Investors are paying close attention to the contrasting trajectories of two of Asia’s greatest powers.

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, US.(Reuters)
Published on Feb 06, 2024 09:02 AM IST
Bloomberg |

S&P 500 hits all-time high in historic bull run, surpasses 2022 record

Another rally in the S&P 500’s most influential group — technology — drove the gauge to a record for the first time in two years.

Equities pushed higher on Friday as a drop in Treasury volatility continued to bode well for risk-taking on Wall Street. (AP/Representational image)
Published on Jan 20, 2024 05:48 AM IST
Bloomberg |

Asian Stocks To Climb as Nasdaq Hits Fresh Record: Markets Wrap

Asian stocks are set to end the week on a high as a rally in the world’s largest technology companies fueled a rebound on Wall Street.

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Updated on Jan 19, 2024 09:42 AM IST
Bloomberg |

Stock market today: Wall Street climbs to erase almost all its losses for the week so far

Stock market today: Wall Street climbs to erase almost all its losses for the week so far

HT Image
Updated on Jan 19, 2024 09:28 AM IST
AP |

How major US stock indexes fared Wednesday, 1/17/2024

How major US stock indexes fared Wednesday, 1/17/2024

HT Image
Updated on Jan 18, 2024 09:52 AM IST
AP |

Stock market today: Wall Street dips as hopes dim for an imminent cut to interest rates

Stock market today: Wall Street dips as hopes dim for an imminent cut to interest rates

HT Image
Updated on Jan 18, 2024 10:06 AM IST
AP |

Pushpa 2, Singham Again, Stree 2: 2024 is set to be the year of sequels

We delve into why are franchise films like Pushpa 2, Welcome To The Jungle and Stree 2 are becoming increasingly popular in the film industry.

Pushpa 2, Welcome To The Jungle and Singham Again are among the most anticipated releases in 2024.
Updated on Jan 17, 2024 04:38 PM IST
ByRishabh Suri

Stock market today: Wall Street slips as Treasury yields rise

Stock market today: Wall Street slips as Treasury yields rise

HT Image
Updated on Jan 17, 2024 09:56 AM IST
AP |

Stocks Rise, Yields Fall as PPI Spurs Fed-Cut Bets: Markets Wrap

Stocks rose and Treasury two-year yields hit the lowest since May as an unexpected decline in producer prices reinforced bets on Federal Reserve rate cuts this year.

HT Image
Updated on Jan 13, 2024 10:10 AM IST
Bloomberg |

Terms of Trade | Gentrification of consumer demand, global capitalism

India’s consumer economy is a story of two economies: Expensive mobile phones get sold out within minutes; many struggle to deal with a rise in onion prices

High-end cars and expensive mobile phones get sold out within minutes of hitting the shelves while some people are struggling to deal with a rise in prices of onions and pulses. (FILE)
Published on Nov 17, 2023 04:40 PM IST

Book Box | The first Bangladeshi woman on Wall Street and the Pakistani conman

Juxtaposing the high-stakes world of a Wall Street conman with the story of a women who transitioned from a career in finance to social impact

In my tote bag, I carry a laptop, a Kindle and two paperbacks
Published on Sep 02, 2023 10:57 AM IST

The Hollywood strikes reveal Los Angeles’s deepest anxieties

Questions of cost haunt the industry and its home town

Picketers carry signs outside Fox studios on Monday, Aug. 14, 2023, in Los Angeles. The Hollywood writers strike passed the 100-day mark as the film and television industries remain paralyzed by dual actors and screenwriters strikes. (AP Photo/Chris Pizzello)(Chris Pizzello/Invision/AP)
Published on Aug 24, 2023 05:55 PM IST
The Economist

Pay for bosses in Britain falls far behind America. Tough luck

Is London suffering because bosses there are paid too little?

Take the extraordinary case of Laxman Narasimhan, who used to run Reckitt Benckiser, a London-listed consumer-goods giant. (AP)
Published on Jun 24, 2023 11:13 AM IST
The Economist

US Treasury set to unleash a tsunami of bonds, Wall Street warns

As the US Treasury prepares to issue a wave of new bonds following the debt ceiling deal, Wall Street voices concerns about market preparedness.

The White House is lit in orange in honor of Gun Violence Awareness Day Friday, June 2, 2023, in Washington. (AP Photo/Andrew Harnik)(AP)
Published on Jun 04, 2023 05:28 AM IST
Bloomberg | | Posted by Tuhin Das Mahapatra

Disney begins second round of layoffs, firing several thousand workers: Report

The cuts will occur across the company's business segments, including Disney Entertainment, ESPN and Disney Parks, Experiences and Products.

The logo of the Times Square Disney store is seen in Times Square, New York City, US. (File image)(REUTERS)
Published on Apr 24, 2023 06:50 PM IST
Reuters |

Wall Street rises as bank fears fade, focus on inflation data

Data on Thursday showed jobless claims last week rose more than expected from the week before indicating a cooling labor market.

A sign for a Wall Street building is shown, (AP file photo)
Published on Mar 30, 2023 10:04 PM IST
Reuters |

US, global markets fall on banking turmoil: Report

Most U.S. bank stocks fell between 2% and 4%, dragged down by Deutsche Bank, which fell more than 10%.

A sign for a Wall Street building is shown, (AP file photo)
Updated on Mar 24, 2023 06:54 PM IST
AP |

He Predicted the 2008 Crash; ‘Dr. Doom’ Now Expects a ‘Long, Ugly’ Recession

Economist Nouriel Roubini sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500.

Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more. (AP Photo/Ahn Young-joon)
Published on Sep 23, 2022 06:47 PM IST
Bloomberg |

US stocks edge higher ahead of expected interest rate hike: Report

On Wednesday, the central bank will announce its latest decision on rates and is expected to raise its benchmark rate, which influences interest rates throughout the economy, another three-quarters of a percentage point.

Wall Street remains focused on inflation and the Federal Reserve's attempt to lower prices by aggressively raising interest rates.(AP file photo)
Published on Sep 19, 2022 09:07 PM IST
AP | | Posted by Aryan Prakash

Stocks slip on Wall Street, oil drops amid economy worries

The S&P 500 fell 0.3% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average fell 40 points, or 0.1%, to 33,720 and the Nasdaq fell 0.2%.

Wall Street is worried that the Fed could hit the brakes too hard and send the economy into a recession.(AFP Photo)
Published on Aug 15, 2022 08:37 PM IST
AP |

Is the US economy in recession? Here are 8 offbeat indicators to watch

Technically, the call is made by a panel of experts looking at monthly indicators of employment, consumer spending, personal income and manufacturing, among others. But with inflation at a four-decade high, many Americans already feel like the country is in a recession.

With inflation at a four-decade high, many Americans already feel like the country is in a recession(AP Photo)
Published on Aug 02, 2022 10:56 AM IST
Bloomberg |
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