Tesla shares surge as second-quarter deliveries beat Wall Street expectations
Tesla shares jumped about 10% on Tuesday after billionaire Elon Musk’s company reported better-than-expected vehicle deliveries in the second quarter. The company delivered a total of 443,956 vehicles, down 4.8 percent from the same period last year. But deliveries beat the consensus estimate of 439,000 units, according to FactSet data. Tesla’s flagship Model 3 sedan […]
Wall Street is going toward a straight free fall — no one knows what’s going to happen with the market
If you talk to a lot of Wall Street executives, you get a very scary feeling. No one knows what’s going to happen to the markets, and therefore the economy. And that’s scary. I understand what you’re saying – these people really don’t know what’s going on, otherwise they would have noticed months before the […]
Wall Street Journal editor-in-chief ‘vindicated’ over Biden story
The Wall Street Journal’s editor-in-chief said he feels proven wrong about the paper’s reporting on President Biden’s “fading” intellectual acuity, especially after the 81-year-old Democrat’s dismal debate performance on Thursday. Emma Tucker, the British-born journalist who became the first woman to lead the Wall Street Journal in its 135-year history, came under fire from Biden […]
Wall Street junior bankers still battling burnout by logging gruesome 100-hour weeks amid Leo Lukenas’ death: survey
A recent survey found that many junior Wall Street bankers are battling burnout after working 100-hour weeks, with some even risking their health or sleeping in the office. Concerns about their grueling work schedules come as debate about the industry’s work culture intensifies following the death of Leo Lucenas, a 35-year-old Bank of America associate […]
SCOTUS strips SEC’s use of in-house judges in major blow to Wall Street regulator
The Supreme Court on Thursday stripped the Securities and Exchange Commission of a key tool in fighting securities fraud, in a decision that could have far-reaching implications for other regulators. The judges handed down their ruling In a 6-3 vote, the court ruled that people accused of fraud by the Securities and Exchange Commission, which […]
Wall Street Journal knocks Supreme Court for giving Biden administration ‘license for social media censorship’
The Wall Street Journal’s editorial board on Thursday denounced a Supreme Court decision that suggested it would give the government unfettered power to censor social media. The Supreme Court on Wednesday, by a 6-3 majority, handed President Biden a major victory by tossing out a lawsuit, Marcy v. Missouri, which accused the current administration of […]
Returning to Leigh: can Labour rebuild the red wall? – podcast | News
Leigh in Greater Manchester was once a Labour stronghold – a former mining and manufacturing town, and once Andy Burnham’s constituency – but in 2019 the town voted for Boris Johnson and the constituency disappeared. Helen Pidd As the Guardian’s northern editor at the time, she was a frequent visitor to the town, and in […]
Rupert Murdoch’s Empire Again Seeks to Influence Trump’s Veepstakes, This Time Through Wall Street Journal
Rupert Murdoch’s News Corp. media empire is again trying to influence who former President Donald Trump chooses as his 2024 running mate, this time The Wall Street Journal An editorial praising North Dakota Governor Doug Burgum and slamming Sens. J.D. Vance (R-Ohio) and Marco Rubio (R-Fla.). Murdoch’s empire was heavily involved in the selection process. […]
Stock market today: Wall Street drifts in subdued trading around last week's records – The Associated Press
NEW YORK (AP) — Stocks fell on Wall Street on Wednesday, with major stock indexes hovering near the all-time highs they hit last week. The S&P 500 index was down less than 0.1% in midday trading, the Nasdaq Composite index was up 0.3% and the Dow Jones Industrial Average was down 10 points, or less […]
AOC wins Democratic primary over former Wall Street banker Marty Dolan
Rep. Alexandria Ocasio-Cortez won the Democratic primary on Tuesday, defeating a conservative-backed opponent. Members of the far-left “Squad” garnered enough votes to fend off a challenge from political newcomer Marty Dolan, according to the Associated Press, which reported the race’s victory less than 20 minutes after the polls closed at 9 p.m. Rep. Alexandria Ocasio-Cortez […]