BofA analyst raises price target for Citi to $100, takes bullish view of Fraser’s restructuring
It’s been three years since Jane Fraser unveiled her strategic vision for Citi and,
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Disgraced Wall Street banker Mark Harris indicted in NYC rape case, forced to turn over dual passports
Accused Wall Street creep Mark Harris was indicted Thursday on charges he brutally raped and berated a woman in her Midtown apartment — and was forced to surrender his dual US and British passports.
Harris, 38, who was booted from a lucrative new gig after being busted, is now facing a first-degree rape indictment in the alleged March 6 attack on the 25-year-old victim inside her Midtown apartment.
US Stocks| Wall Street ends higher on rate cuts, S&P 500, Nasdaq miss record highs
Wall Street closed higher on Thursday, nudging the S&P 500 and the Nasdaq nearer to record closing highs as the Israel-Iran ceasefire continued to hold and a raft of economic indicators appeared to support the case for the U.S. Federal Reserve lowering borrowing costs this year.
All three major U.S. stock indexes advanced in a broad rally which placed them on track for weekly gains.
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Nvidia reclaims title of world’s largest stock
NEW YORK: Nvidia Corp shares have risen to an all-time high, with the leader in artificial intelligence (AI) chips extending an advance that cements its position as one of the most valuable companies in the world.
The stock rose 4.3% to US$154.31 on Wednesday, taking out an all-time high that has stood since January.
» Read more about: Nvidia reclaims title of world’s largest stock »
The stock market is nearing a record high after cratering in April. Here's why.
The S&P 500 is approaching a record high, marking a stunning turnaround from April when stocks nosedived after President Donald Trump unveiled a flurry of tariffs on so-called “Liberation Day.”
The S&P 500 has jumped 23% since closing at its 2025 low on April 8.
» Read more about: The stock market is nearing a record high after cratering in April. Here's why. »
The S&P 500 just ended the day inches away from completing a $9.8 trillion roundtrip. Here's what's going on
“One of the key foundations of the strong dollar, of the dollar as a dominant currency globally, is to have an independent central bank,” Pesole said. “So, if [global investors] feel there is greater influence of politics into the Fed’s decisions, then they are pricing in a greater risk for the dollar.”
US stocks rise, S&P 500 ends just shy of record
NEW YORK – Wall Street stocks rose on June 26 with tech equities leading, after the White House signalled President Donald Trump could extend a July tariff deadline.
The shift shows “unexpected flexibility from the US president,” said FHN Financial’s Chris Low, who also attributed some of the market’s strength to some strong economic indicators.
» Read more about: US stocks rise, S&P 500 ends just shy of record »
Startup Leaders Are Rethinking Benefits: Here’s How Retirement Plans Fit In
Startup leaders are waking up to a new reality: meditation rooms, cold brew on tap, and Slack emojis don’t build loyalty or financial stability. As inflation, talent competition, and economic uncertainty ripple across industries, the smartest founders are shifting focus from perks to purpose. And one benefit that is rising to the top?
» Read more about: Startup Leaders Are Rethinking Benefits: Here’s How Retirement Plans Fit In »
Iconic '70s Rock Band Walks Back Retirement Plans 2 Years After Announcing Farewell Tour
Iconic ’70s Rock Band Walks Back Retirement Plans 2 Years After Announcing Farewell Tour originally appeared on Parade.