The Dow Jones Industrial Average closed above 15,000 for the first time ever on Tuesday. However, despite the record-breaking nature of the even, Wall Street seems sort of unimpressed.
Fed Chairman Ben Bernanke's not the most beloved man in America (just ask Occupy types, Tea Partiers, and Ron Paul supporters), and his comments today at the Senate Budget Committee's hearing probably won't improve his popularity any time soon.
The New York Times has a profile today of Sheryl Sandberg, the second-in-command at Facebook, whose personal fortune could reach $1.6 billion after the company's IPO.
After Facebook's initial public offering paper revealed that Zynga accounts for 12 percent of the social network's revenue, ZNGA has been on quite a bull run up at NASDAQ.
The latest Facebook initial public offering-related scoop comes from Reuters, which cites a single unnamed source saying that the social network will file for a $5 billion IPO on Wednesday.
The specifics of Facebook's massive initial public offering are starting to trickle out of sources in the know, and while the details are more specific than anything we've seen before, many questions still remain.
Yesterday was Bonus Day at Goldman Sachs, when nervous employees learned the fate of their year-end paychecks.
After a less bullish than expected earnings report, Google's stock plummeted nearly ten percent in after hours trading.
We heard murmurs late last year that pay at Wall Street firms will be way down for 2011 -- and now, as banks are finalizing their end-of-year bonuses, we're getting indication that the cuts will be pretty drastic.
Startling analysts, U.S. stocks soared today, the first day of trading for 2012, with the Dow jumping 180 points and the S&P 500 up 1.5 percent.
Monday was not a great day for anybody on Wall Street, but it was a truly terrible day for Bank of America.
Cartoonist Ben Sargent on America's missing middle class.
A CUNY sociologist has found that white males working in finance make significantly more money than those who aren't white or aren't male, according to The New York Times and The Wall Street Journal.
Law professors and Wall Street critics alike are applauding Judge Jed Rakoff's decision this week not to allow the Securities Exchange Commission to settle fraud charges against Citigroup.
Put out a cookie for your favorite Wall Street banker along with Santa's this Christmas Eve, because the sour economy is playing Grinch on financial-sector employees.
The financial jobs market isn't doing well and no one expects it to make a comeback anytime soon, if ever.
As the Occupy movement perseveres and Google's stock price continues to skyrocket, it's no surprise that American youth don't want to work at investment banks.
In a series of new reports on MF Global's bankruptcy, Jon Corzine's colleagues are attesting to the former New Jersey governor's deep involvement crafting the strategy that lead to the firm's collapse
In a mere 24-hours, MF Global has gone from being a bankrupt brokerage firm with a famous CEO to a federal investigation soon involving the FBI.
After teetering on the brink of collapse, financial firm MF Global filed for bankruptcy yesterday, causing a hellstorm for both Wall Street and the company.
A risky management style and a series of bad bets have brought MF Global, the financial derivatives broker led by former New Jersey Senator and Goldman Sachs CEO Jon Corzine, to the brink of collapse.
Rajat Gupta, the former head of the elite global consulting firm McKinsey & Co., surrendered himself to the FBI on Wednesday morning, a stunning development not just for his sterling career but also the criminal case the SEC is expected to pursue.
The other day The New York Times suggested Romney had raised more than Obama, today the Washington Post's clearing things up.
Just as some liberal critics of the Tea Party labeled it a broadly racist movement, right-wing critics of Occupy Wall Street are tarring it with charges of anti-Semitism.
Forced to choose in a Gallup poll, 64 percent of people surveyed picked the federal government as having the most blame for the country's economic problems, with just 30 percent picking Wall Street.
Those keeping their jobs will on average make six times the private sector's average salary
Cartoonist Steve Breen on the view of the protest from above
Anger at Obama is "inexplicable," Treasury secretary says
Announced layoffs jump 212 percent because of the two mega-employers
The Fed chairman defies Republican critics
World stocks hit a 15-month low
The number of protesters is set to grow with addition of at least nine unions
A modern protest requires dealing with both topless women and worried mothers
Wall Street executives are taking Obama's criticism pretty personally
Traders are worried about the U.S. economy and European debt crisis
U.S. stocks plunged this morning following the Fed's statement yesterday
Judge says harsh sentence--one of the longest ever for insider trading -- is necessary
Shares plummeted after news that the internet video store lost a million subscribers
Europe, Obama, Greece and the Fed blamed in Wall Street sell off
The Dow Jones and S&P drop around 2.5 percent at open
The federal regulator for Fannie and Freddy has filed over mortgage bonds
The SEC's new investigations could lead to electronic market reform
In other words, he's a victim, here
A Wall Street executive says Spitzer wrongly accused him of price-fixing
Bloomberg's successful FOIA request details the full scale of the bank bailouts
Markets saw losses worldwide Friday
Files related to Bernie Madoff and the 2008 crisis were lost in a sanctioned purge
Positive economic data and corporate earnings fueled the comeback
Taking note from yesterday's angry plane message, another took to the skies with a complaint
The number of initial unemployment claims fell below 400,000 for the first time in four months
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