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Wall Street

About Wall Street


Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City.

US House votes to expel George Santos from Congress

US House votes to expel George Santos from Congress
Dec 1,2023 2:01 pm

... The New York Times published an investigation in December that revealed Mr Santos had lied about a Wall Street career, a college degree and having Jewish ancestry...

George Santos faces expulsion in historic House vote

George Santos faces expulsion in historic House vote
Dec 1,2023 10:40 am

... After he won election in November 2022, reports emerged that Mr Santos had lied about a Wall Street career, a college degree and having Jewish ancestry...

Will Tesla's truck recover from its shattering start?

Will Tesla's truck recover from its shattering start?
Nov 30,2023 2:21 pm

... But speaking to Wall Street analysts last month he also said he wanted to " temper expectations" warning there would be " enormous challenges" before the company was producing the vehicle in big numbers and turning a profit...

Xi Jinping arrives in the US as his Chinese Dream sputters

Xi Jinping arrives in the US as his Chinese Dream sputters
Nov 14,2023 11:21 pm

... In what could be a sign of his true priorities, Chinese officials had initially demanded the dinner take place before Mr Xi s meeting with Mr Biden, according to a Wall Street Journal report...

Donald Trump Jr praises 'genius' father in New York fraud trial

Donald Trump Jr praises 'genius' father in New York fraud trial
Nov 13,2023 4:21 pm

... As lawyers flicked through various Trump properties, Mr Trump Jr expounded on each one, from 40 Wall Street to Seven Springs...

Donald Trump: Legal experts see uphill battle in fraud case

Donald Trump: Legal experts see uphill battle in fraud case
Nov 11,2023 8:11 pm

... On the stand, Mr Trump boasted that his properties like Mar-a-Lago and 40 Wall Street were in fact worth more than their value on paper, but acknowledged he believed at least one of his properties may have been overvalued...

How WeWork's founder flew too close to the sun

How WeWork's founder flew too close to the sun
Nov 7,2023 8:51 pm

... In 2017 the Wall Street Journal said the company was " fuelled by Silicon Valley pixie dust"...

'Blowing the whistle on Meta means I won't work again'

'Blowing the whistle on Meta means I won't work again'
Nov 7,2023 9:31 am

... Ms Haugen s testimony followed a 2021 Wall Street Journal report leaking internal studies from the firm which it said...

Coronavirus: shares face worst week since the global financial crisis

Nov 6,2023 10:51 am

stock exchanges around the world suffer their Worst Week since the global financial crisis of 2008.

have responded to the Asian markets, as the Corona Virus outbreak spreads in the whole of Europe and rattled investors.

On Wall Street , the Dow Jones index fell by almost 1,200 points Yesterday - its largest daily point drop in history.

This is unsettling investors in Asia on Friday with the big drop on the Japanese, Australian, Korean and Chinese market.

In Japan, the Nikkei-225 index fell 3% in early trading on Friday and is now down More Than 9% This Week .

Australia's main stock index, the ASX200 fell by More Than 3. 5% on Friday morning and is heading for its biggest decline since the financial crisis of 2008.

The news of more coronavirus cases, in particular in Italy has raised concerns a much greater economic impact than previously expected.

"the markets were too optimistic, now pessimistic could be," said Iris Pang, China economist at ING.

"the Asian markets react only slowly to Covid-19, as markets believed to date to increase that this started a China Problem-until the infection cases in South Korea and Japan are steep. "

Asian stock markets reacted badly, if the outbreak originated in China, but stable - Until Now .

"While the Corona-Virus outbreak, it has already been a few weeks since, the extent to which we include the spread and the economic impact is still largely uncertain," said Bernard Aw, a senior economist at IHS, Markit.

"Manufacturing surveys showed a mixed impact of coronavirus-related disorders, with Japan and Australia are more affected than the USA and Europe. "

Mayank Mishra, a strategist at Standard Chartered Bank, added: "in the past, the market some comfort in the declining infection rates in China as a result of the containment had measures earlier.

"But the spread of the Corona Virus infection outside of China with clusters emerging in South Korea , Italy and Japan has increased concerns significantly. "



Source of news: bbc.com

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