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Wall Street job cuts loom as market turmoil stalls deals

U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters. U.S. President Donald Trump's threats to impose tariffs on trading partners have roiled markets, weighed on capital markets activity and raised the risk of an economic slowdown. Wall Street banks including JPMorgan and Bank of America have already begun annual culls targeting underperforming employees, while Goldman Sachs and Morgan Stanley are planning to lay off staff in the coming weeks.

US Stock Market Liquidity Drying Up as Trade War Concerns Mount

(Bloomberg) -- Worries over the economic effects of the global trade war are sapping liquidity in US stocks, creating a headache for institutional investors that could also boost volatility in broader markets. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeLi

3 Reasons to Sell RL and 1 Stock to Buy Instead

Since March 2020, the S&P 500 has delivered a total return of 120%. But one standout stock has nearly doubled the market - over the past five years, Ralph Lauren has surged 211% to $231.35 per share. Its momentum hasn’t stopped as it’s also gained 17.1% in the last six months thanks to its solid quarterly results, beating the S&P by 16.6%.

How Much Of Your Portfolio Should Be Invested in Cryptocurrencies?

When it comes to a risky asset class like cryptocurrencies, the best wisdom on how much of your portfolio to allocate is often hard to get a handle on. If you're a more conservative investor, dabbling at all can seem frightening. Fortunately, there are a few pieces of information that will help clarify exactly what how much is reasonable for you to invest in crypto.