The SEC is making sure that the next time Jon Corzine takes to Wall Street, he will be restricted from wagering his own capital separately from his investor's money, according to Bloomberg.
Biggest American Scandal: Wall Street Analyst Sheds Light on Obama's Role in 'Spygate' & 'Emailgate'
'crumbles'...(NationalSentinel) President Donald Trump's economic policies, coupled with the Republican-led tax reform plan in 2017, have added trillions of dollars in wealth to Wall Street, padding the retirement accounts of tens of millions o
Some might describe it as one of the most successful prop trading bets since the crisis.
We have been cogitating on the gross anomaly of our time: Namely, the fact that pre-tax corporate profits of $2.2 trillion (annual rate) posted for Q4 2018 were actually a tad lower than they were 7 years ago in Q1 2012, yet the S&P 500 has gained 12
With short interest now at 60+% of its float, Lyft has swiftly become a symbol for disastrous post-IPO performance by the latest batch of overvalued tech 'unicorns' all of which are "inexplicably" scrambling to go public all at the same time, almost
Update (10:25amET): The troubling trend of Reps using their time to castigate the CEOs instead of asking questions continued with California Rep. Brad Sherman. He questioned the CEOs about 'forced arbitration' after declaring "too big to fail is too
Banks are pumping billions of dollars into and out of funds with "heartbeat" trades.
If the bond market is correct, the U.S. economy is definitely heading into a recession.
To those traders who are watching today's modest rebound in stocks - after a recent historic rout which saw the S&P suffer its worst December rout since the Great Depression - with excess skepticism and are unable to muster the confidence to pull the
112 SHARES Twitter Facebook Reddit Email Print So much has changed in the past year (at least according to respondents in Bank of America's latest Fund Manager Survey). This time in December 2017, FMS investors were super bullish and long
Ten years after the financial crisis of 2008, an artist known as Nelson Saiers has placed his latest artwork across the street from the New York Federal Reserve building in the financial district.
Mark this date down: October 17th.
Cryptocurrency attracts a diverse crowd, from speculators to scammers, and from financiers to gamblers. These groups, and their often opposing aims, are what make the cryptoconomy such a strange yet compelling place. In today's edition of The Daily
Chris Duane The truth never told-JP Morgan's Plan To OWN Wall Street In the Next Crisis!!
In today's edition of Bitcoin in Brief we cover a secret meeting at Nasdaq, a takeover bid for crypto-as-collateral loan platform SALT, Vitalik Buterin's thoughts on the importance of enabling small retail transactions, and why Chinese investors
The bitcoin price is rallying, and this time, it looks like Wall Street has shown up to the party. On Tuesday, bitcoin brief briefly broached the $8,500 threshold on Bitfinex for the first time since mid-May, and while it has since pulled back sev
Tesla's Elon Musk has been tweeting as if he's as high as one of his SpaceX rockets.
The Wall Street Journal continues to counter the liberal mainstream media's anti-Trump-ness with Kimberly Strassel leading the charge, dropping uncomfortable truth-bombs in a forum that is hard for the establishment to shrug off as 'Alt-Right' or '
Wall Street has now truly jumped the shark - the one jockeyed by Jeff Bezos.
In the tit-for-tat trade war, China struck back with tariffs on Soybeans and other items. Trump imposed another $50 billion tariffs on China, as noted yesterday. Today, Beijing Hit Back at the U.S. with tariffs on an equivalent $50 billion of g
With the new economic and trade policy policy commentary coming out of Washington seemingly on a daily basis, along with the much discussed stock correction from February, which was caused by the unwind of the short volatility trade, it's easy to l
This week Jane Street Capital a global proprietary trading firm has announced it has been trading BTC these days. Often referred to as one of Wall Street's most secretive investment companies, Jane Street says if cryptocurrencies continue to rise t
The godfather of gaming is no more: as reported last night, in a (somewhat) surprising development, Steve Wynn, founder and CEO of Wynn Resorts, stepped down amid sex abuse allegations as he found himself "the focus of an avalanche of negative public
New York Stock Exchange (NYSE) parent Intercontinental Exchange, Inc. (ICE) has announced it is creating a global cryptocurrency data feed, active by the year's first quarter.
Gary Shilling, a prominent and highly regarded Wall Street financial analyst, recently said in an interview that he doesn't understand Bitcoin and do not intend to invest in "things that are not transparent."
Below we excerpt some of the latest observations from BofA's Michael Hartnett, who nearly a year ago first penned the "Icarus trade" concept - i.e., the final push in the US stock market to its all time highs - and who has been expecting a "blow off
NEW YORK -- Long considered the titans of Wall Street, hedge fund managers have long thrived under a simple premise: They are smarter than the average investor and can produce bigger profits.