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| Financial markets making 2 critical misjudgements on Italy - the euro time bomb Back in the real world, no Italian political parties have promised serious reforms, and the two winning parties in the recent general election, Five Star Movement and the anti-immigrant League, have threatened to unleash the very opposite of fiscal restraint; Five Star promised a universal basic income; ...
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| Markets Right Now: Dow surges 669, clawing back lost ground The latest on developments in financial markets (all times local):. 4 p.m.. The Dow Jones industrial average surged nearly 670 points, erasing nearly half the ground it lost last week and marking the biggest gain since August 2015. The broad gains Monday were led by technology stocks and banks, ...
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| Dow rebounds by 669 points, its best day since 2008, as trade war fears ease in stock market "There's too much at stake," says Joe Quinlan, chief market strategist at U.S. Trust. "Policy markers understand that the best and fastest way to harm their constituents is to start a trade war and deny voters low-cost goods produced from around the world while tanking global financial markets.".
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| Wall Street Bankers' Average Bonus Jumps to Highest Since 2006 The bonus pool climbed to $31.4 billion as employment in the industry dipped slightly in New York City, DiNapoli said Monday in a statement. The bonuses increased as profits from broker-dealer operations of New York Stock Exchange member firms increased to $24.5 billion, the most since 2010, ...
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