Wall Street

Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York–based financial interests.

(source: en.wikipedia.org)

Bitcoin Drops Under $50,000 As Crypto Takes $260 Billion Dive
Bitcoin Drops Under $50,000 As Crypto Takes $260 Billion Dive
April 23, 2021  |  Bitcoin

The cryptocurrency market took a $260 billion dive on Friday (April 23), with bitcoin trading below $50,000 for the first time in weeks and other...

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Leveraged Loan Market Surges To $70 Billion, Most Since 2018
Leveraged Loan Market Surges To $70 Billion, Most Since 2018
April 06, 2021  |  Investments

“Buyout Barons” on Wall Street are upping their risk-taking and using the leveraged loan market to finance takeovers and dividends, a Bloomberg report says, with...

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InsurTech Firms Take SPAC Path To Wall Street
InsurTech Firms Take SPAC Path To Wall Street
March 04, 2021  |  IPO

The only sure things in life, they say, are death and taxes. And maybe the parade of continued special purpose acquisition companies (SPACs) – at...

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What Comes Next: SPACS And The Risks Of De-SPACs
What Comes Next: SPACS And The Risks Of De-SPACs
February 22, 2021  |  IPO

The special purpose acquisition company (SPAC) has been having what might be termed a moment in the sun on Wall Street. It’s a moment that...

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Wall Street’s Great Democratization Needs More Than Just Investing Technology  
Wall Street’s Great Democratization Needs More Than Just Investing Technology  
February 17, 2021  |  Investments

In the world of mythology, Robin Hood took from the rich and gave to the poor. And in the new telling of the Robinhood tale,...

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Wall Street Girds For Another Week Of Volatility
Wall Street Girds For Another Week Of Volatility
January 31, 2021  |  Investments

Wall Street is readying itself for yet another week of chaos on the markets involving the pumping-up of stocks like GameStop and AMC, Reuters writes,...

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Disrupting Loyalty: New Platform Rewards Consumers With Stock Ownership
Disrupting Loyalty: New Platform Rewards Consumers With Stock Ownership
November 20, 2020  |  Loyalty & Rewards

There are about 328 million people in the U.S., so it might come as a surprise that these same people belong to 3.8 billion loyalty...

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JPMC’s Dimon Says Outlook On Bank Reserves Could Improve
JPMC’s Dimon Says Outlook On Bank Reserves Could Improve
September 15, 2020  |  Banking

J.P. Morgan Chase & Co. could be on the road to rebuild its reserves exhausted during COVID-19 if the nation’s economy improves, according to Keefe,...

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White House, Wall Street Insiders Pair To Launch Hedge Fund
White House, Wall Street Insiders Pair To Launch Hedge Fund
August 31, 2020  |  Investments

Former White House Chief of Staff Michael Mulvaney and Wall Street veteran Andrew Wessel are launching a hedge fund based on the premise that investors...

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