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Migration Politics Boost Donald Trump in ‘Blue Wall’ Midwest States

Immigration is a top issue for voters in the battleground “Blue Wall” states of Michigan, Pennsylvania and Wisconsin, as it was in 2016 when President Donald Trump won, a new Democratic poll has found. The New York Times. Immigration is the most important issue for 13 percent of voters in the three states, behind abortion […]

Wall Street firms fined $390M in over text, WhatsApp messages

The SEC watchdog on Thursday levied $390 million in fines on 26 Wall Street investment firms as part of its latest crackdown on misuse of text and WhatsApp messaging. The fined firms included Ameriprise Financial, Edward Jones, LPL Financial and Raymond James, which each agreed to pay $50 million to settle the allegations. BNY’s Pershing […]

Walmart beats Wall Street expectations as it offers more grocery discounts

CFRA Senior Vice President Arun Sundaram analyzes Walmart and Target’s earnings, expectations for their stock prices, and changes in the way consumers shop. Walmart, America’s largest retailer and private employer, lured shoppers with deeper discounts on groceries and reported strong quarterly results that beat Wall Street expectations. The Arkansas-based company said consolidated sales rose 4.8% […]

Top Wall Street exec predicts ‘social unrest’ due to AI

Senior Wall Street finance executives say artificial intelligence could make many jobs, such as cashiers and drivers, unnecessary and lead to widespread social unrest. Armen Panossian, co-CEO of Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that while AI “clearly has the potential to deliver enormous economic benefits,” it also poses “the greatest […]

Wall Street’s wild week — how it went, how it's going

Stocks end choppy week in volatile trading Job market situation remains uncertain Warren Buffett’s Big Money Move Impacts Apple and Safer Investments President Trump takes on the Federal Reserve again How big will the Fed’s first rate cut be? Investors consider Tim Walz as 2024 candidate for the White House and Kamala Harris’ running mate […]

Wall Street bonuses set to surge by up to 35% this year: report

Wall Street bankers are set to get a big raise after a two-year hiatus, with bonuses set to increase by up to 35%, according to a new report. If these predictions come true, it would be another boost for downtown Manhattan’s hospitality industry, which is already seeing a booming trade from wealthy New York interns. […]