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Wall Street brokers flock to Four Twenty Five in NYC for ‘power hour’ after markets close

Celebrity chef Jean-Georges von Grichten’s new Park Avenue restaurant has become the epicenter of the “power hour,” a new post-pandemic phenomenon for Wall Street powerhouses, Side Dish has learned. As soon as the closing bell rang, traders, investors and executives flocked to Four Twenty Five, a Norman Foster-designed skyscraper that opened in December at 425 […]

Dow soars over 500 points, sending Wall Street to new highs

The Dow Jones Industrial Average continued to hit record highs on Tuesday, buoyed by strong results from UnitedHealth and growing confidence that the Federal Reserve will cut interest rates in September. The blue-chip index Jones built on Monday’s momentum and rose 566 points, or 1.4 percent, to 40,782 in morning trading. The Nasdaq was flat, […]

Goldman Sachs’ profit more than doubles to $3B as Wall Street dealmaking rebounds

Goldman Sachs’ profits surged more than 150% in the second quarter, beating analysts’ expectations but down from a strong first quarter that saw the bank post its highest revenue since 2021. Goldman Sachs Chief Executive David Solomon, who has come under fire for losing talent and a failed retail banking venture, sees the Wall Street […]

Wall Street CEOs including Jamie Dimon rip Trump assassination attempt

Wall Street CEOs, including Jamie Dimon, have condemned political violence, echoing calls for unity from former President Donald Trump and President Joe Biden following the weekend assassination attempt on Trump. JPMorgan Chase CEO Jamie Dimon said in a memo to employees on Sunday that the bank was “deeply saddened by the political violence.” “We must […]

Fox News’ Bill Hemmer Breaks Down Trump’s ‘Blue Wall’ Strategy

Fox News’ Bill Hemmer broke down presumptive 2024 Republican presidential nominee Donald Trump’s “blue wall” strategy Friday on “America’s Newsroom.” President Joe Biden’s campaign released an internal memo obtained by The Hill stating that winning Michigan, Wisconsin and Pennsylvania offers the clearest path to reelection. Hemmer explained that the Trump campaign alao discussed the three […]