scorecardresearch
Thursday, March 28, 2024
TopicWall Street

Topic: Wall Street

From tech to cannabis, US stocks post biggest weekly gains in 8 months ahead of Biden’s win

A Biden win and a split government seemed poised to lead to a rise in fiscal stimulus, while damping investor concerns about higher taxes and much tighter regulation.

Surprisingly, April was Wall Street’s best month in decades

Weeks of increasingly dire real-economy figures and Covid news didn’t move the US market in a big way.

Here’s what you need to count among India’s 1%, but it won’t make you rich in US, China

The top 1% covers a wide span, from professionals to billionaires with more wealth than many nations. But the yardstick varies greatly with where you live.

Trump attacks the World Bank by nominating an unconventional chief

Donald Trump's nominee for the post of World Bank president has been a critic of multilateral institutions.

Ten misunderstandings surrounding the 2008 financial crisis

The financial crisis of 2008 was so complex that even today many don't have a clear understanding of what went down. 

The Lehman crisis was bad, but the government’s cure could leave us all worse off

A growing portion of the financial ecosystem has retreated into the shadows where there is neither transparency nor regulation. On a Sunday night 10 years ago, I...

2008 financial meltdown could have been averted if not for Wall Street’s unmoderated greed

Not a single banker has been prosecuted for the 2008 crisis, whereas hundreds of bankers went to jail following the US savings and loan scandal of the 1980s.

Banks are still not trustworthy, even if they tell you they are

Though regulators claim financial systems are now stronger than they were in 2008, their resilience is yet to be seen. 

Netflix isn’t the world’s most valuable media company any more

With its current market cap of $153.8 billion, Netflix again provokes concerns that it has become an investment bubble.

Movie streaming giant Netflix subscriber growth faces test after $43 billion rally

Netflix Inc. will get a chance next week to validate the more than $40 billion added to its market value since the company’s blowout...

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.