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Showing 151 - 160 of 3830 results for "Wall St"

Robo-adviser crashes during Wall Street selloff

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
One of the largest robo-advisers in the US saw its website go offline while markets fell across the globe on February 5. Wealthfront had to issue multiple clarifications to users via Twitter after complaints reached the platform that the website was ...

Chief economist update: This time is different

BENJAMIN ONG  |  WEDNESDAY, 7 FEB 2018
"It's murder on the dance floor. You'd better not kill the groove..." - Sophie Ellis-Bextor. "Stock Market Loser Kills Brokerage Manager, Self in Shooting Rampage". This was Los Angeles Times' headline reporting about an investor going into Merrill ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
"Be careful what you wish for." It's a well-known truism in the current economic cycle that the world's major central banks (the BOE excluded) have been wishin' and hopin' and thinkin' and prayin' for inflation to climb to their target rates. It appears ...

Wells Fargo opens up on pay gaps

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2018
Wells Fargo has become the third major US bank to take action on gender and ethnicity pay gaps. Responding to shareholder pressure the bank released the findings of its most recent pay equity study. It showed women working for Wells Fargo in the US ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
Uh-oh. This shouldn't be happening! No, no, no. Only a few days after Fundstrat Global Advisors co-founder Tom Lee went public and declared the stock market in a "parabolic rise" - a bullish signal for the remainder of the year and which has failed ...

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017... but not this slow. The advance estimate of US GDP showed economic growth decelerated to a 2.6% annual rate in the December 2017 quarter from a two-and-a-half-year high of 3.2% ...

Aussie crypto fund opens to wholesale investors

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
One of Australia's first funds to specialise in crypto asset investments is now open to wholesale investors with its first investment planned for February 1. Apollo Capital is accepting minimum buy-ins of $50,000 and will invest in digital currencies ...

Citigroup takes action on pay inequality

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
Citigroup will be the first US bank to begin disclosing wage data and adjusting employee salaries as part of a company-wide strategy to close the pay gap for women and minorities. The organisation confirmed it is taking steps to disclose gender and ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
"Here comes the sun, and I say It's all right." -- The Beatles Wall Street again went on a record breaking run last week with the S&P 500, the DJIA, the Nasdaq Composite and the Russell 2000 all finishing at all-time highs... and for good reasons. Growth ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
There's certainly no denying that the bulls ruled Wall Street over the course of 2017 with its record breaking feat splattered all over the financial headlines one day after another. Less focused on was the fact that the S&P 500, the DJIA and the Nasdaq ...