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Middle Managers Are Getting Laid Off—But Their Role Is ‘More Important Than Ever,’ Says Leadership Expert
As middle management jobs shrink, workplace experts say executives may be underestimating just how crucial these roles are to their companies.
Every Wall Street Analyst Now Predicts A Stock Rally In 2026
At the big banks and the boutique investment shops, an optimistic consensus has taken hold: the US stock market will rally in 2026.
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This strategist says investors are in the ‘forest of make believe’ when it comes to growth stocks
“We have crossed the Rubicon, past the valley of common sense into the river of hope to the forest of make believe."
JPMorgan beats estimates on trading, but loan losses loom
JPMorgan Chase beat Wall Street estimates for profit in the second quarter as trading revenue surged, while setting aside $10.5 billion to defaults.
Wells Fargo swings to $2.4 billion loss as pandemic bites
Wells Fargo & Co swung to a second-quarter loss as the coronavirus set back the bank’s progress in recovering after a series of misselling scandals.
Citigroup quarterly profit tumbles 73% as loan loss provisions surge
Citi beat analysts’ 2nd quarter estimates as its trading desks cashed in on volatility, allowing it to set aside $5.6 billion for possible defaults.