Wall Street

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read

Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo by Tima Miroshnichenko via Pexels

Economics

The Mental Health Crisis is Slamming Workplaces

Consensus opinion seems to be that a mental health crisis is plaguing the world. And it turns out, good mental health makes wealth.

1 min read
Photo by Glen Scarborough via CC BY-SA 2.0

Indicators

Inflation Report Will Test Fed’s Plans and Bull Market’s Steam

The market’s sunny optimism, set against wintry December, will face a Game of Thrones-like test this Wednesday: an inflation report is coming.

2 min read

Consumer

Macy’s Says Accounting Worker Hid $154 Million in Expenses

Photo by Phillip Pessar via CC BY 2.0

Macy’s shocked markets Monday when it discovered a single worker hid up to $154 million in delivery expenses over the last three years.

2 min read

Markets

The NYSE Wants to Go 22/5 on Its Arca Exchange

Photo by David Vives via Unsplash

The NYSE said Friday that it plans to extend trading hours for equities on its electronic Arca exchange to 22 hours on weekdays.

2 min read

Economics

The Fed Finally Delivers on Promise to Slash Interest Rates

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The Federal Reserve finally slashed interest rates, delivering a half-point cut — the high end of consensus expectations.

2 min read

Photo by Jason Briscoe via Unsplash

Big Tech

Wall Street Spreads More Love Outside of Big Tech

Investors are pivoting away from the Magnificent Seven, favoring the rest of the S&P 500.

2 min read
Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Finance

What’s Fueling the Market Rebound?

The S&P 500, having recovered all its losses from earlier this month, sits just less than 2% away from the all-time peak it reached in July.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Andrey Krav via iStock

Finance

How Will Wall Street’s AI Experiment End?

Like money, artificial intelligence never sleeps. Financial institutions have pulled out all the stops to fit AI into their own operations.

5 min read

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