It's even worse when comparing average worker pay
Hillary Clinton is speaking out against the "revolving door" between Wall Street and government— but neglects to mention that some of her closest confidantes have ties to big banks. In an op-ed co-authored with Wisconsin Senator Tammy...Show More Summary
Earlier today we were wondering how long it would take the big banks - many of whom are short the commodity - to jump in the path of the oil momentum train, and we didn't have long to wait for the answer. Just before the NYMEX close, Bank of America revised its year end and 2016 oil forecasts lower, from $58 and $62 to $55 for 2015 and $61 for 2016. Show More Summary
Not acting on climate is going to cost us another $44 trillion, Citibank said. The post Big Bank Says It’s Going To Cost A Lot To Do Nothing On Global Warming appeared first on ThinkProgress.
The world’s 12 highest-paid tennis players made a combined $71 million in prize money, but the big money was off the court where this group banked $216 million from endorsements and appearances.
Elle Fanning's not exactly hauling in Jennifer Lawrence money yet -- she's only 17 -- but she's got a shot at earning that kinda scratch from her next job... IF she turns in an award winning performance. Luckily for Dakota Fanning's kid sis there's…
UNRIGGED!! VIX ETFs were screwed with... To ensure S&P closed Green!!! After a week like that, we think everyone needs some downtime... relax... (NSFW) Before we get to stocks, oil is the big news this week... as a short-squeeze morphed into leaked news which became the real news of a Saudi invasion of Yemen... Show More Summary
The losses keep rolling in for big banks' trading desks. Jefferies is taking a hit of nearly $100 million on its distressed trading desk, according to Laura J. Keller and Zeke Faux at Bloomberg. The bankruptcy of one energy company — private equity-backed Samson Resources — caused a substantial portion of the losses, according to the report. Show More Summary
Links to the best reading in funds investing: A bunch of big shots are in Wyoming to talk about the economy: five things to watch — Ben Leubsdorf, The Wall Street Journal A Q&A about what the heck is going on with Bank of New York Mellon (BK), SunGard and net asset values — Bank […]
Street Fighter 5's big global beta is going live tonight and - if all goes well, unlike last time out - it'll be playable throughout the bank holiday weekend. Two of team Eurogamer got on the regional beta test last week, and met up earlier this week to talk through what they played. Show More Summary
Watch: Savvy investors should view this week's dramatic market movements as an opportunity to buy into the big four banks.
Floyd Mayweather fires back at Ronda Rousey for questioning who has the higher earning power. The war of words between Floyd Mayweather and Ronda Rousey rages on as Floyd snipes back at a few choice words from the female MMA star. Earlier this week Rousey responded to Floyd's last public comments saying "call me" when she's making as much as he is. Show More Summary
Mayweather to Rousey: 'Big bank take little bank'
By Sarah N. Lynch WASHINGTON (Reuters) - The U.S. Labor Department is leaning toward denying requests for regulatory relief by three big foreign banks that pleaded guilty to manipulating Libor interest rates but want to keep managing retirement accounts for clients. Show More Summary
The PR sideshow continues between UFC women’s bantamweight champ Ronda Rousey and Floyd Mayweather, and the subject is Mayweather’s favorite: money.Filed under: Featured, News, UFC
While rises might look the same from the vantage of a bank, what’s happening underwater is a different story. Kirk Deeter offers a great outline of how to read different rise forms and what strategies to use as a result. … more ?
David Bianco, head equity strategist at Deutsche Bank, says that he’s troubled by the big price disconnects many big exchange-traded funds experienced in Monday’s selloff. Dozens of stock ETFs saw their prices plunge far below the values of the indexes they’re designed to track. Some ETF sellers could have received trades executed at prices 20%, 30% or […]
HONG KONG/SHANGHAI, Aug 26 (Reuters) - China's turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of central bank stimulus failed to convince investors of Beijing's ability to jolt the world's second biggest economy out of its slowdown. Show More Summary
A frenzied sell-off in international financial markets Monday heightened anxiety about the global economy, sending officials at central banks around the world looking urgently for ways to ease the latest bout of shocks and keep their economies from sliding further.
Local market falls sharply, led lower by the big four banks, as investors react to slump in US equities.