NEW YORK/LONDON, Dec 22 (Reuters) – New York and London bankers are bracing for end-of-year bonuses that recruiters estimate are 30% to 50% lower, while some may receive nothing at…
Tag: ECM
Wall Street ends up with help from Nike, FedEx and consumer sentiment
Consumer confidence rebounds in December Data shows lower home sales in November Nike jumps on strong second-quarter results FedEx soars on cost-cutting plans Indices up: Dow 1.60%, S&P 1.49%, Nasdaq…
Core Scientific Files for Bankruptcy as Crypto Winter Bites
Dec 21 (Reuters) – Core Scientific Inc (CORZ.O), one of the largest publicly traded cryptocurrency mining companies in the United States, said on Wednesday it had filed for bankruptcy protection…
ECB slows rate hikes but vows to continue fight against inflation
ECB raises rates by 50 basis points, signals similar hikes QT will start in March Eurozone recession looms Upside Inflation Risks FRANKFURT, Dec 15 (Reuters) – The European Central Bank…
Wall Street ends lower after latest Fed rate hike
The Fed raises rates by 50 basis points The summary of economic projections foresees a hike in the key interest rate Tesla drops after Goldman cuts price target Dow down…
Stocks fall, dollar stabilizes as market assesses Fed rate policy
NEW YORK/LONDON, Dec 6 (Reuters) – Global stocks headed for a third straight day of losses on Tuesday and the dollar held steady as the market assesses how long the…
Wall St slips as jobs data undermines hopes of Fed rate deceleration
US job vacancies up in September Manufacturing activity slows Uber and Pfizer ride on optimistic forecasts Dow down 0.24%, S&P 500 down 0.41%, Nasdaq down 0.89% NEW YORK, Nov 1…
Cryptoverse: Bitcoin wants to break its link with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to break away from stock markets. The cryptocurrency, which has been closely correlated to tech stocks for much…
Debt market tensions in Europe force some governments to rework trade rules
Oct 31 (Reuters) – Some eurozone countries have eased rules for banks handling their government debt trading to help them weather some of the toughest market conditions in years, officials…
US and European stocks rise; dollar retreats
WASHINGTON/LONDON, Oct 25 (Reuters) – Wall Street continued to rise on Tuesday as weak data fueled hopes the Federal Reserve will slow its aggressive pace of rate hikes and European…