For all ladies trying to climb that corporate ladder, turns out if you wanna be at the top, it's better to act more docile than too aggressive, at least according to a new study .
Another prominent market bull has joined the growing ranks of Wall Street strategists who think a correction is not far away.» Read More
In the darkest days of the financial crisis, Goldman Sachs handed out billions of dollars of options and restricted stock to prized employees—most likely, senior partners at the firm.
Goldman disclosed the awards, which were made on December 17 of 2008, in January of the following year. Now the awards are receiving new attention, thanks to a report from Eric Dash and Susanne Craig, written on the back of research by Footnoted.com.
As expected, House Republicans passed a bill to repeal President Obama’s health care plan by a vote of 245 to 189. Republicans say this vote was a mandate of the American voter.
The bill now goes to the Senate but Majority Leader Harry Reid (D-Nev.) has promised that any attempt to roll back the law would be blocked. The topic of health care is one that not only polarizes politics, but Americans as well.
I decided to speak with Representative John Kline, \(R-MN\) Chairman of the Education and the Workforce Committee. This committee shares jurisdiction over health care reform specifically the employer-sponsored health care plans that cover approximately 170 million Americans. Cost and uncertainty surrounding the bill dominated our conversation.
The inalienable right of the “pursuit of happiness” is becoming tougher for most Americans with each passing day. America is no longer the happy country it wants to be.
A Forbes poll has us barely making the top 10 percent when it comes to happiness, in spite of our still dominating prowess on other major indicators. Have we become an unhappy nation, contrary to the ideals we were founded upon? Perhaps. But, it's much more serious than that.
Going through one of the worst economic sagas in US history has thrown the country into two types of depressed states: a financial one and a psychological one.
Morgan Stanley Beats [CNBC] "Morgan Stanley posted a solid quarterly profit that beat analyst expectations both for revenue and bottom-line, sending shares higher in premarket trading. The Wall Street titan, which had been trampled during the financial crisis, bounced back with a profit of 41 cents a share, ahead of Wall Street expectations for 40 cents, according to Thomson Reuters. The profit was a 60 percent jump over the previous year"
Eisman May Leave FrontPoint [Wall Street Journal] On the flip side of the coin, here's a touch of gray for Morgan Stanley "High-profile hedge-fund manager Steve Eisman is considering leaving his investment firm, a move that would complicate efforts by its owner, Wall Street bank Morgan Stanley, to spin off the business. Mr. Eisman has talked recently with potential investors about managing money for them if he leaves the firm, FrontPoint Partners, according to people familiar with the matter. Since 2004, Mr. Eisman has overseen FrontPoint's wagers on financial-services companies, including a well-known bet against subprime mortgages that earned him and FrontPoint's clients huge profits in 2007. He manages about $1.3 billion at FrontPoint."
Happy Friday Eve! I've been up way longer that you, so here's what you missed while you were sleeping and need to know to knock it outta the park today, slugger:
Hu Jintao Heads to the White House [Wall Street Journal] "President Barack Obama formally welcomed Chinese President Hu Jintao to the White House on Wednesday, with both leaders calling for a renewed effort of cooperation as they embarked on a summit that will help redefine the relationship between the world's longtime superpower and its rising Asian rival."
Today's Afternoon Headlines read like Marsha, Marsha, Marsha—Except It's Goldman, Goldman, Goldman. But hey: How often do you lose $5 Billion in 24 hours?
Alexandra Lebenthal and Meredith Whitney are squaring off over municipal bonds.
Both are lovely ladies—and as tempting as it is to strike the cat fight note—there is a substantive story here. \(Note: Lebenthal isn't making the metaphor easy to ignore: She's challenged Whitney—and I quote "on TV [or] outside in the school yard".\)
CNBC's Patti Domm and Jeff Cox discuss the jobs report and the current dilemma of long-term unemployment.
CNBC's Patti Domm and Jeff Cox discuss the recent GDP numbers and what factors have been affecting it.
Investors give and investors take away, and nowhere has that been more true lately than in value stocks.
Stop bashing Wall Street for a hot second and think about what smaller bonuses REALLY means, says former trader Raj Mahal.
Auto loans appear to be driving a credit bubble similar to the one the country experienced in 2008. FT reports.
Soaring markets are a plus for current players, but risky future returns are holding back young investors. NYT Reports.