Tagged: wall street

Tax reform could change how Wall Street works

Leon Black recently posed a question whose answer will determine how profitable the new U.S. tax regime could make Wall Street firms like his Apollo Global Management LLC. Publicly traded partnerships, such as Apollo,...

Wall Street set for strong open

Over the weekend, Senate Republicans managed to narrowly pass a bill to revamp the country’s tax system U.S. drugstore operator CVS Health is to buy Aetna, a U.S. health insurer, for $69 billion U.S....

Stocks close mixed as Wall Street awaits earnings season

Stocks close mixed as Wall Street awaits earnings season

Stocks ended mixed Monday as Wall Street got ready for the start of the latest earnings season. The Dow lost 5 points. The S&P 500 climbed 0.09 percent, with technology leading advancers. Financials lagged....

How Trump plans to deregulate Wall Street

The Trump administration has released its most detailed report yet on its plans to deregulate Wall Street. The 147-page report, containing recommendations by the Treasury Department, calls for rolling back many provisions of the...

Hedge fund managers are in trouble

Long considered the titans of Wall Street, hedge fund managers have long thrived under a simple premise: They are smarter than the average investor and can produce bigger profits. That image of the slick,...