Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.» Read More
Get up—it's a busy day. Here's what you've missed while you were sleeping and what you need to know to carpe this Manic Monday:
Self-absorbed behavior may be good for your career on Wall Street.
A study jointly performed by professors from the London Business School and Harvard Business School purports to show that 'Luxury' makes people behave in more self-centered ways.
Apparently, our great institutions of higher learning have just caught on: Spoiled people sometimes behave badly.
There's no way to overstate the importance of today's decision by the Supreme Judicial Court of Massachusetts to void the seizure of two homes by Wells Fargo and US Bancorp.
The late decision by Congress to extend the Bush tax cuts is creating some unexpected complications.
Since Congress didn't pass the extension until December 17th, the IRS has not had enough time get the necessary systems ready. That means that if you one of the 50 million taxpayers who itemize, you can't file until mid-to-late-February because that's how long it will take Uncle Sam to reprogram its processing systems.
If any good comes of this latest fiasco, it might be a renewed push for tax reform. I decided to speak with Deputy Whip Kevin Brady \(R-TX\), the new Vice Chairman of the Joint Economic Committee and Chairman of the Ways and Means Subcommittee on Trade on the realities of tax reform.
Have you seen the sarcastic letter supposedly written by a 98-year-old woman in the UK to her bank?
According to many of the versions circulating today it was “recently published in the Times.” It’s very funny, and I’m reprinting it in full below.
But beware: it’s a spoof.
It’s the paper chase, baby. And Fortress Paper CEO Chad Wasilenkoff is making bank.
“With the quantitative easing that’s going on right now, it’s very very busy these days,” he told me on CNBC’s “Worldwide Exchange.”
Something curious is going on at WikiLeaks.
Or, rather, something is not going on. And that's curious.
The last release of diplomatic cables from WikiLeaks came out on January 4th. This three day gap between Wikileaks releases is the longest ever to occur since Wikileaks began releasing the diplomatic cables.
A former technology consultant jailed in the federal crackdown on insider trading at hedge funds called Business Insider early this morning to ask for help finding a lawyer.
"Perhaps I can eventually talk to you more," Winifred Jiau told Business Insider reporter Katya Wachtel during a phone call from jail, shortly after midnight on Friday. "But I need a lawyer in New York who can help me make bail. I really need a councilor."
Every Friday we try to ease you into the weekend with a bit of video candy. Today's edition has a very talented hula hooping girl, a windmill, open fields and a wonderfully catchy Fatboy Slim song.
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.
Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.
Investors may be warming up to the stock market, but they're taking the safe way in.
Here are the five best Wall Street movie villains of all time—and what they'd say about Yellen and the Fed if they were at Jackson Hole this week.