JPMorgan pauses stock buybacks as profits slump

Jul 14, 2022
CEO Jamie Dimon also cited economic worries, including the Ukraine war and inflation, in the big bank's move to conserve cash.
JPMorgan Chase's quarterly financial results disappointed Wall Street, and CEO Jamie Dimon discussed risks to the economy.
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Commission-free stock trading has spurred retail investors. But its days might be numbered.

Jun 22, 2022
The head of the Securities and Exchange Commission has taken aim at the commission-free business model.
A large part of the boom in retail stock trading has been fueled by the advent of no-commission stock trading.
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Why “the house” always wins on Wall Street

Feb 8, 2022
In a new book, Wall Street Journal editor Spencer Jakab argues that the GameStop short squeeze did little to change power dynamics on Wall Street.
In a new book, Wall Street Journal editor Spencer Jakab argues that the GameStop short squeeze did little to change power dynamics on Wall Street.
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Corporate boards became more diverse in 2021

Jan 4, 2022
Representation of women and people from underrepresented racial and ethnic groups increased significantly after 2020's pledges, data shows.
The number of directors from underrepresented racial and ethnic groups jumped by 25% last year, according to data from ISS Corporate Solutions.
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No noon meetings: Citigroup tries to address burnout

Oct 20, 2021
Along with protecting the lunch hour, the bank also suggested meetings should be no more than 45 minutes.
Bloomberg reports that Citigroup told staff to reduce meeting times and avoid lunchtime meetings.
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For public good, not for profit.

Winners and losers in the GameStop stock tug of war

Jan 28, 2021
Some small day traders don't mind losing a little if it means hedge funds lose a lot.
Small traders versus hedge funds: Who will emerge victorious?
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Who donated to Georgia runoff campaigns?

Most of the money from Wall Street went to Republican PACs.
Democrat Jon Ossoff has raised the most money in direct donations to candidates so far, according to the latest Federal Election Commission reports.
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The proposed S&P and IHS Market merger is all about consolidating data services

Nov 30, 2020
As Wall Street trading now relies heavily on computers and AI, data used to analyze various sectors is a valuable commodity.
Trading on Wall Street these days is different from what it used to be even 15 or 20 years ago.
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