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Wall Street Set for Biggest Bonus Lift Since 2021 as Almost Every Banker Benefits

Wall Street Set for Biggest Bonus Lift Since 2021 as Almost Every Banker Benefits

Wall Street is poised to reward employees with the largest year on year bonus increase since 2021 as stronger revenues across trading desks and a rebound in dealmaking combine to swell compensation pools. Compensation consultants and industry recruiters say the boost will be broad based, touching front office and many

Democrats Score Broad Victories in Tuesday Elections as Voters Rebuke Trump Influence

Democrats Score Broad Victories in Tuesday Elections as Voters Rebuke Trump Influence

Voters delivered a sharp rebuke to President Donald Trump and his political allies in a series of high profile contests on Tuesday, handing Democrats a sweeping set of wins that crossed ideological lines and geographic boundaries. The results, which included a Democratic victory in New York Citys mayoral race and

European Tech Stocks Drag Markets Lower as Trading Opens

European Tech Stocks Drag Markets Lower as Trading Opens

European equity markets opened lower Wednesday with technology names leading the decline as investor concern over lofty valuations spread from the United States to the continent. The early weakness reflected a global mood shift after heavy selling in major growth oriented names, and traders said profit taking and risk rebalancing

Toyota Reports Second Straight Quarterly Profit Decline as U.S. Tariffs Weigh on Exports

Toyota Reports Second Straight Quarterly Profit Decline as U.S. Tariffs Weigh on Exports

Toyota Motor posted a second consecutive quarterly decline in operating profit, missing analyst expectations as U.S. tariffs on imported vehicles and parts continued to squeeze margins and complicate the automaker’s global export strategy. The July to September quarter results showed weaker profitability despite resilient demand for hybrid models

SoftBank Loses About $32 Billion as Asian AI Stocks Face a Wave of Repricing

SoftBank Loses About $32 Billion as Asian AI Stocks Face a Wave of Repricing

SoftBank Group experienced a sharp erosion in market value on Wednesday as a regional selloff in companies tied to artificial intelligence spread across Asian exchanges. The decline reflected growing investor caution about lofty valuations in AI related names after a period of aggressive buying pushed prices well ahead of near

Dow Futures Slide 300 Points as AI Trade Loses Momentum and Investors Reassess Risk

Dow Futures Slide 300 Points as AI Trade Loses Momentum and Investors Reassess Risk

U.S. stock futures tumbled early Monday with contracts linked to the Dow Jones Industrial Average falling by roughly 300 points as enthusiasm for artificial intelligence related stocks cooled. The pullback in the AI trade came after a string of big technology winners paused following recent gains and amid growing

Congress Poised to Break Shutdown Record as Funding Stalemate Enters New Week

Congress Poised to Break Shutdown Record as Funding Stalemate Enters New Week

The federal government entered its fifth week of partial closure as lawmakers remained deadlocked over funding measures, setting the stage for a likely passage this week of the longest shutdown in modern United States history. With federal operations curtailed since October 1, millions of Americans are feeling the effects through