News of New York

Job advertisements in New York will soon include a range of salaries
29 January 2022
3476
Vacancies in New York City The new law requires most of the city's hiring companies to list expected salaries as of May 15. New York City will require employers to include minimum and maximum salaries in job listings starting this spring, a require...
Stocks rise on boom in Goldman Sachs profits
15 October 2021
4174
Friday trading US stock indices rallied on Friday as investors absorbed Goldman Sachs' sharp gain and an unexpected rise in retail sales. The Dow Jones Industrial Average jumped 207 points, or 0.59%, while the S&P 500 and Nasdaq Composite indice...
JPMorgan Chase releases earnings report above market expectations
13 October 2021
4150
Company report JPMorgan Chase (JPM) was the first major bank to report Q3 earnings and profits, its performance largely reflecting the state of the US economy and the strength of the financial markets. JPMorgan Chase (JPM), the largest US bank by m...
The U.S. stock market closed higher, with the Dow Jones gaining 0.09%
25 August 2021
3970
The US stock market on Tuesday Tuesday's trading closed with gains in the oil and gas, commodities and consumer services sectors. The Dow Jones rose 0.09%, the S&P 500 rose 0.15% and the NASDAQ Composite rose 0.52% at the close of tra...
Nasdaq plans to spin off private equity trading into a separate business
20 July 2021
4072
Marketplace for stock trading Exchange operator Nasdaq Inc. plans to spin off its private equity marketplace into a separate segment in partnership with a group of US banks, including Goldman Sachs G...
US stock indices down 0.3-0.4%
14 July 2021
4544
Trading on Tuesday US stock indices declined in trading on Tuesday, retreating from recent records. Investors were assessing June US inflation data as well as quarterly reports from some of the country's largest banks. US consumer prices (CPI) jump...
Large companies on the New York Stock Exchange
6 July 2021
4876
Company shares on the New York Stock Exchange Shares in taxi service Didi Global Inc ADR (NYSE:DIDI) plummeted 20% on the New York Stock Exchange premarket after Chinese authorities blocked the company's ability to get new customers and ordered mobi...
Major US banks to increase dividends and share buybacks
28 June 2021
4737
Dividends and shares The US banking sector and Wall Street as a whole received a positive signal after stress tests conducted by the Fed for 23 major US banks showed better capitalisation results than required by the ce...
GameStop, CureVac and Amazon shares rise on pre-market
21 June 2021
4602
Stocks of companies on the stock exchange Amazon (NASDAQ:AMZN) shares gained 0.2% on the New York Stock Exchange premarket after the e-commerce giant launched its two-day Prime Day event, which last year brought it $10.4bn in gross sales. Shares of...
US stock indices down 0.9-1.6%
21 June 2021
4211
US indices The US stock market closed on Friday lower, with the Dow Jones Industrial Average suffering its biggest weekly loss since October 2020. The market was pressured by fears that the US Federal Reserve ...
Coinbase reported record profits in first report as public company
14 May 2021
4915
The company's first report Coinbase shares rose after the company reported strong quarterly results amid rising bitcoin and other cryptocurrency prices. Coinbase said it will add Dogecoin to its platform within six to eight weeks. Coinbas...
PayPal wants to become a "super app"
11 May 2021
6643
PayPal is "super app" PayPal is preparing to introduce a number of new features in the third quarter as its management sees the company's future in the concept of a "super-app" with capabilities that go far beyond the payment function alone. PayPal...
Goldman Sachs, Wells Fargo and JPMorgan published reports
15 April 2021
4824
Banks report Major US banks JPMorgan, Goldman Sachs and Wells Fargo reported better-than-expected Q1 2021 results amid US economic recovery thanks to government stimulus packages and a massive COVID-19 vaccination. US banks reported the first three...
Coinbase's share price is valued at $250 ahead of a direct listing on Nasdaq
14 April 2021
5229
Coinbase's shares Cryptocurrency exchange Coinbase's market entry today triggered another jump in cryptocurrencies, with bitcoin rising 5% to $63.22k Analysts have differing opinions, with valuations ranging from $60bn to more than $100bn. Coinbase...
US stock trading ended with a drop in indices
7 April 2021
4091
Stock trades Key New York Stock Exchange indices declined in Tuesday's trading session. The correction followed gains on Monday, with investors waiting for a new batch of corporate reports. According to data&...
Hedge fund default Archegos Capital triggered $30bn in stock sales on Friday
29 March 2021
4348
Shares sale Banks Nomura and Credit Suisse on Monday warned of significant losses related to the default of hedge fund Archegos Capital. A number of stocks, including ViacomCBS, Discovery, Baidu and Tencent Music, posted their biggest ...
Fed to lift restrictions on dividends and share repurchases for US banks on June 30
27 March 2021
3960
The lifting of restrictions The Fed will allow large US banks that have passed a round of stress tests with capital requirements to resume dividend increases as well as increase share buyba...
US stock market closed higher
27 March 2021
4205
US stock market By the closing bell on the New York Stock Exchange, the Dow Jones gained 1.39%, reaching an all-time high, the S&P 500 rose 1.66% and the NASDAQ Composite rose 1.24%. Intel Corporation (NASDAQ:INTC) was the top gainer among Dow ...
Stripe has a market valuation of $95bn
17 March 2021
3765
New funding round Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
Real estate platform Compass plans IPO
3 March 2021
3426
IPO plans Major real estate company Compass, which provides technology solutions for real estate transactions in the US, has reported 55% revenue growth and plans for an IPO. Compass, a technology s...
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