Yen Drop Deepens After US Data as Intervention Risk Grows
[ad_1] (Bloomberg) — The yen plunged through a level that Wall Street has warned could push Japanese authorities to step into the market to support the currency and then kept…
Wall Street Doom Prophesy Falls Flat on Hottest Rally Since 2016
[ad_1] After a ferocious fourth-quarter rally, the fate of the S&P 500 rested on just seven companies with doubtful earnings prospects. Infamous hedge-fund trades were threatening to destabilize the already…
Macy’s Must Let Go of Its Middle-Class Fantasy
[ad_1] (Bloomberg Opinion) — Macy’s Inc. is recycling an old turnaround strategy that smacks of desperation to keep the idea of the American middle class — and upward mobility — alive.…
Wall Street’s Paris Ranks Swell Despite Labor Law Frustrations
[ad_1] (Bloomberg) — Wall Street’s biggest banks have seen staffing levels surge in Paris despite the fact that many of those firm’s top bosses feel constrained by the country’s strict…
Wall Street’s most hated regulator, Rohit Chopra faces a fundamental threat – Times of India
[ad_1] Rohit Chopra became one of the most powerful financial regulators by pairing bark with bite. As director of the Consumer Financial Protection Bureau, he has attacked — often with…