Illegal ‘Street Takeovers’ Plaguing California Spread to Other States

Hundreds of people took part in an illegal “street occupation” in Santa Ana, California, over the weekend. More than a dozen cars were stolen and vandalized in other incidents in the Los Angeles area. In Cleveland, Ohio, multiple young people were shot during a recent street attack. One former detective believes crime mitigation policies and […]

Wall Street bonuses expected to jump in 2024 after staying flat last year

Wall Street bonuses are expected to increase by 7.4% in 2024 as the banking industry recovers, according to one study. report published New York State Auditor Thomas DiNapoli said Wednesday. The increase in bonuses is expected to be the first significant increase in the industry's bonus pool after being relatively flat from 2022 to 2023, […]

Dow tumbles nearly 500 points as Mideast conflict spooks Wall Street

On Monday, the Dow Jones Industrial Average fell more than 500 points, while U.S. Treasury yields rose as traders cut back on bets that the Federal Reserve would ease interest rates. Uncertainty surrounding the Middle East conflict has heightened concerns ahead of the quarterly earnings season and new economic indicators. In afternoon trading, the Dow […]

Wall Street firm Jane Street looks to grow footprint in boost to Financial District

Downtown could get the office leasing breakthrough it's been waiting for by the end of the year. Global trading company Jane Street is set to grow at Brookfield Place, it has been revealed. The electronically driven market mover, which has about 500,000 square feet at 250 Vesey Street, is in talks with landlord Brookfield for […]