The American Dream is alive and well on Wall Street thanks to Robert Smith, the richest black person in America, who has figured out a way to reengineer both private equity and enterprise software--and used this secret playbook to build a $4.4 billion fortune.
How often do Jeffrey Sachs and the Wall Street Journal editoral writers agree?
INTERNATIONAL - The producer of the "Wolf of Wall Street" agreed to pay $60 million to settle claims it financed the movie with money siphoned from a Malaysian state investment fund. The settlement between the U.S. Justice Department...Show More Summary
Amazon, 2018's go-to example of capitalism run amok, is reportedly eyeing a new industry to muscle in on. Personal banking. According to The Wall Street Journal, the online retail giant has approached several large banks about creating a "checking-account-like product" aimed at "younger customers and those without bank accounts". More »
Stocks struggled to a higher finish on Wall Street after a day of choppy trading, the AP reports. Technology and consumer-focused companies did well Tuesday, but health care companies were weak. Chipmakers Intel and Nvidia both rose sharply, but Johnson & Johnson fell. Traders are still focused on a back-and-forth...
Don’t Let Wall Street Profiteers Scare You: Trade Enforcement ? Trade War The steel and aluminum industries have been under attack by predatory trade practices. For too long, elected official have talked about the problem, but taken little action. Show More Summary
Chinese smartphone giant Xiaomi could make its debut in the U.S. as soon as this year, according to its CEO. Lei Jun, the serial entrepreneur who leads the phone maker, told The Wall Street Journal that the company — which is being linked with an IPO this year — plans to finally begin selling phones Stateside within the next twelve months. “We’ve always been… Read More
The production company behind the 2013 movie “The Wolf of Wall Street” has agreed to pay $60 million to settle its corruption case with the U.S. government, according to documents filed Tuesday in U.S. District Court in Los Angeles. Red Granite Pictures had reached a settlement in principle with...
There's irony here, right?
AI, especially the AI used in finance today, lacks the application of deep subject matter expertise to create the clean data and relationships that are the foundation of any successful investment strategy or AI.
CNN’s Jake Tapper on Wednesday ran through and exhaustive list of not just who has left the White House since Donald Trump took office—but why. Tapper explained it was a “tense day on Wall Street” after the departure of former Trump economic adviser Gary Cohn, who was considered “the voice of...
Wall Street Journal op-ed: The TurboTax Defense, by James Freeman: A New York Times correction blames the popular software, but a liberal academic still isn’t satisfied. The search continues for Americans who will not benefit from the Trump tax cuts on individual and corporate income. The New York Times has...
The dream of Jordan Belfort is still alive — just tweaked, for ethical reasons. You can feel it when Belfort, best known as "The Wolf of Wall Street," walks into a giant conference room at New York's grand-lite Marriott Marquis to scream-shout his latest motivational master class. His face is partially frozen from Bell's Palsy. Show More Summary
Reports that Gary Cohn, the top White House economic adviser, would depart the Trump administration sparked immediate selling in global equity markets. Experts across Wall Street have weighed in with their thoughts. Wall Street got another...Show More Summary
Nestled between kaleidoscopic graffitied walls on a blink-and-you'll-miss-it side street in east London lies a bookstore with a difference. The shop, which is called Like A Woman, only stocks books written by women. Books penned byShow More Summary
Cohn is out of the Trump administration and that's got America's business leaders and Wall Street nervous about where U.S. trade policy is headed.
S&P Global announced plans to acquire fintech startup Kensho in a $550 million deal on Wednesday. Business Insider spoke to S&P Global chief executive Doug Peterson about the rationale for the deal. It started with a project to modernize...Show More Summary
You can earn 1,000 MileagePlus miles when you spend one dollar to subscribe to The Wall Street Journal for two months as a trial offer — but this promotion only lasts until... The post Earn 1,000 MileagePlus Miles for One Dollar Wall Street Journal Subscription appeared first on The Gate.
The stock market is poised to open tomorrow morning down 400 points thanks to Gary Cohn running for the hills. Wall Street hates Trump’s tariff stupidity. It hates the idea of Trump being unchecked even more. Here comes the #TrumpSlump — The Hoarse Whisperer (@HoarseWisperer) March 7, 2018 Yeah, wrong time of day to contemplate […]
Through March 9, 2018, you can earn 1,000 United MileagePlus bonus miles for $1, by signing up for a two month Wall Street Journal trial subscription. In order to be eligible, the trial subscription has to be initiated by 11:59PM ETShow More Summary