Wall Street Bonuses Poised to Plunge
By Hannah LevittIndividuals working in wealth management could see a 15% drop and asset managers a 20% decline, according to Johnson Associates.
August 03, 2022
Inflation Is Women's Biggest Financial Worry: SurveyEven among the highest earners, only 44% said they knew how to address inflation risk in their portfolios.
August 03, 2022
Robinhood Cuts 23% of StaffThe app-based brokerage dismissed 780 people and also announced the departure of a top executive Tuesday.
August 03, 2022
Battle Erupts Over Claim Manchin Bill Raises Middle-Class TaxesThose earning less than $200,000 could see their tax burden rise 1%, an official, GOP-requested analysis finds.
August 02, 2022
Lawmakers Renew Push for Social Security 2100 Bill PassageRep. John Larson says markup and a vote on the bill could come after the August recess.
August 02, 2022
As Financial Confidence Ebbs, Americans Tap Savings to Cover Everyday CostsThe positive expectations many adults had about their finances heading into 2022 are fading, New York Life found.
August 02, 2022
Jeremy Siegel: Time for Fed to Slow Rate HikesThe Wharton economist also said he was puzzled by why GDP fell as the economy added 2.7 million jobs.
August 02, 2022
Citigroup, Genworth Face Lawsuits Over BlackRock TDFs in Their 401(k)sRetirement plan participants have sued at least six companies since Friday over the "underperforming" target date funds.