Wall Street News

Wall Street Slashed Thousands Of Jobs Last Month

Reuters | Posted 03.20.2012

Jan 19 (Reuters) - Wall Street axed 2,000 workers in December as poor profits led companies to slice expenses, the biggest reduction since last summ...

Wall Street Pay On Track To Break Records Again

The Huffington Post | Jillian Berman | Posted 01.23.2012

While many Americans will be squeezing as much as they can out of falling incomes to provide gifts this holiday season, some on Wall Street may be get...

Wall St. Getting More Diverse, White Men Still Netting Most Of The Pay

Posted 12.04.2011

Though the Wall Street workforce is getting more diverse, white men are still taking home most of the bacon. White men made up more than 60 percen...

Wall St. Pay May Plunge To 2008 Levels

Posted 11.28.2011

The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut...

Stocks Plunge As Debt Talks Remained Stalled

AP | MATTHEW CRAFT and DANIEL WAGNER | Posted 01.21.2012

NEW YORK — The stock market was not exactly surprised that a so-called supercommittee in Congress failed to reach a deal to cut the federal budg...

Protesters From All Walks Cite Greed, Corroding Safety Net As Reasons For Occupying [PHOTOS]

The Huffington Post | Jillian Berman | Posted 12.26.2011

Since arriving at Zuccotti Park more than a month ago, the Occupy Wall Street protesters have been called a variety of things by politicians, pundits ...

Occupy Oakland Protesters Arrested LIVE UPDATES

Posted 12.25.2011

Police in riot gear cleared protesters near city hall in Oakland, California as protests inspired by the Occupy Wall Street protests based in Manhatta...

Three Big Banks On Review For Possible Downgrade

Posted 12.13.2011

Fitch Ratings placed Bank of America Corp , Morgan Stanley and Goldman Sachs Group Inc on review for possible downgrades on Thursday. The ratin...

Report: Goldman Tells Staffers To Stay Away From Protests

The Huffington Post | Jillian Berman | Posted 12.13.2011

Goldman Sachs employees better not think of grabbing lunch or taking in the scenery at Zucotti Park. "The firm” as it’s known among its workers ha...

Poll: Majority Of Americans Aware Of Occupy Wall Street

Posted 12.12.2011

WASHINGTON (Reuters) - A strong majority of Americans are aware of the ``Occupy Wall Street'' protests against U.S. economic inequality and a majo...

The Media and the Five Stages of Grief Over Occupy Wall Street

Jonathan Weiler | Posted 12.11.2011

Jonathan Weiler

Occupy Wall Street is a nascent phenomenon, whose future relevance to American politics, if any, is unknown. But it's already served as a useful window into the psychology of much of our gatekeeper media.

CNBC's Midlife Crisis

Scott White | Posted 05.25.2011

Scott White

Once upon a time, 2-1/2 years ago, just as the financial crisis was starting to deliver a series of swift kicks to the stock market's nether regions, CNBC was a terrific, informative, "must-watch" business news channel. Then something happened.

Defiant Wall Street Welfare Kings Come to Washington

Joseph A. Palermo | Posted 05.25.2011

Joseph A. Palermo

Geithner has distinguished himself as the Joe Lieberman of the Obama Administration. The "Financial Crisis Inquiry Commission" cannot succeed because the Secretary of the Treasury doesn't want it to succeed.