The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
The "Fearless Girl" statue will be moving closer to the New York Stock Exchange after spending a year staring down Arturo Di Modica's "Charging Bull."
The 50-inch tall bronze statue of a girl with her hands on her hips was created by Kristen Visbal and installed in March 2017 on the same plaza as the bronze Wall Street bull statue to celebrate "International Women's Day." It was controversial from the start.
The girl statue was commissioned by State Street Global Advisors, the fund management arm of Boston-based State Street, to call attention to the role of women in corporate America and its "gender diversity index" fund. State Street said Thursday that since the placement of the statue, more than 150 companies have added a female director to their boards.
SSGA is working with the New York City mayor's office to move the statue by the end of this year.
"Our hope is that by moving her closer to the NYSE she will encourage more companies to take action," said Cyrus Taraporevala, SSGA's president and CEO, in a statement.
The bull's artist, Di Modica, had fought to have the statue removed, complaining that it was an advertising gimmick that changed the meaning of his 11-foot-tall, 7,100-pound bull statue from one of prosperity to one of a villain.
In another twist, last year State Street paid $5 million to settle allegations it underpaid female and minority employees.
"Charging Bull" was originally placed outside the NYSE in 1989, two years after the '87 crash. The police removed it, but it was later installed in its current home at Bowling Green.
There is another statue over by the NYSE that "Fearless Girl" will have to compete with: George Washington, who stands outside the Federal Hall National Memorial looking down Broad Street.