Wall Street Banks Want to Forget About 2023. But 2024 May Not be Much Better.
This was yet another year to forget for much of Wall Street. Dealmaking slowed. Thousands of jobs were cut. Bonuses were slashed.
According to the Penn Wharton Budget Model US Has 20 Years to Faces Debt Issue
Without significant policy changes U.S. risks unavoidable default on its debt. The study focused on the $26.3 trillion of U.S. debt held publicly.
Two Sigma Researcher Fights Hedge Fund Over Blame for US$170 Mil Loss
Two Sigma Investments quantitative researcher fighting claims he made unauthorized changes to quantitative models leading to U.S. $170M client losses.
Bonds Poised to Potentially Surpass the Performance of S&P
In 2024, long-term bonds are poised to potentially surpass the performance of the S&P 500, offering a more lucrative investment opportunity.
It Was a Tough Year for Almost Every Bank Not Named JPMorgan
After year marred by biggest US bank failures since 2008 financial crisis nation’s largest lender is on familiar footing scooping up a weakened rival.