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Tag Archives: Street

Credit Suisse was hit by the Fed test as Wall Street boosted payouts

Credit Suisse was the only company on Wall Street that failed the Federal Reserve's annual stress test as competitors from J. P. Morgan Chase to Bank of America were given approval to increase dividends and repurchase shares. The US department of Credit Suisse, headquartered in Zurich, has until October 27 to fix issues that the Fed has found in its …

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Sanders demands $ 1.6 trillion in student debt eliminated by taxing Wall Street

Sen. Bernie Sanders, I-Vt., Proposed a plan on Monday to eliminate $ 1.6 trillion of American student loans by charging a tax on Wall Street banks. Sanders spoke outside the Capitol building, flanking the Deputies Ilhan Omar (D-Minn.) And Pramila Jayapal (D-Wash.) For the elimination of all student loans held by 54 million Americans and private educational institutions – and …

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Wall Street oversees the Federal Reserve meeting

US. Stock index futures were mixed on Tuesday morning as market participants braced themselves for the first day of the Federal Reserve's rate hike. At 02:00 ET, the Dow futures fell 25 points, indicating a negative open of more than 15 points. Futures on the S & P and Nasdaq pointed in opposite directions. The market focus is broadly aligned …

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Wall Street sees great potential for growth for Luckin in the undeveloped Chinese coffee market

Image of a cup of coffee at a Luckin Coffee location. Fred Dufour | AFP | Getty Images Beijing-based coffee chain Luckin Coffee is attracting the attention of Wall Street analysts, who hope the technology-driven business model of the new company will fuel growth in a subdued coffee market in China. This is Luckin China's second-largest coffee chain grew nearly …

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Power Shares Drive Wall Street Higher By Reuters

© Reuters. Traders work on the New York Stock Exchange By Shreyashi Sanyal (Reuters) – Energy stocks helped Wall Street's main indexes break two days of weakness and trade on Thursday with the hope of higher interest rates Crude oil prices rose following a suspected attack on two tankers in the Gulf of Oman near Iran and in the Strait …

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Hidden Figures: Nasa renames the street for black mathematicians

Image Rights NASA Caption Katherine Johnson calculated the trajectory for Alan Shepard, the first American in space The street in front of Nasa headquarters was named "Hidden Figures Way" in honor of three African-American women whose work paved the way for future generations with the Space Agency. The name of the street in Washington DC is a nod to the …

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The Wall Street Rally loses momentum as Reuters industry is impacted

© Reuters. Traders Work on the New York Stock Exchange By Aparajita Saxena and Shreyashi Sanyal (Reuters) – Wall Street's main indexes gave up their gains to trade lower on Tuesday as declines in industrial firms dampened early optimism Easing of trade tensions and the prospect of an interest rate cut by the Federal Reserve. Industrials declined 1.09%, impacted by …

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