Wall Street - Page 8

Trump Warns Of Stock Market Bubble, Looming Recession

In an interview with The Hill, Donald Trump warned of a stock market bubble on the verge of bursting, and slammed the Dodd-Frank financial regulations, which were roundly praised by the 2016 Democrats during their first primary debate on Tuesday night. Trump called Dodd-Frank “terrible” and said he would “absolutely” repeal it as President.

The Associated Press

Bill Gross Sues PIMCO for $200 Million

Former PIMCO boss Bill Gross has just filed a lawsuit against PIMCO seeking $200 million and claiming to be a victim–despite the company receiving a “Wells Notice” warning that the Securities and Exchange Commission (SEC) is investigating potential criminal violations in investment performance reporting during Gross’s tenure.

Bill Gross of PIMCO (Jim Young / Reuters)

Obama Calls Economy ‘Stronger’ After Historic Crash On Wall Street

“The economy is stronger, the housing market is stronger, people are seeing job creation again,” Obama said. He blamed Republicans on Congress for holding back the economy after they failed to pass an expansive highway bill.
“Right now, we could be putting hundreds of thousands of people back to work rebuilding the infrastructure of this country and yet we have a Congress that finances our highway bill for 3 months at a time,” he said. “That’s not what the greatest country on earth does.”

U.S. President Barack Obama delivers the keynote address at the National Clean Energy Summ

Obama Leaving For Las Vegas As Stock Market Crashes

President Obama won’t be in the White House to see the market close. Later this afternoon he will board Air Force One for a trip to Las Vegas where he is expected to make a speech at the National Clean Energy Summit to promote his stiff regulatory policy on power plant emissions.

PHILIPPINES-GAMING-CASINO-BUSINESS

Greek Stock Market Crashes 16% on First Day, Bank Stocks Hardest Hit

The Greek stock market was shut down five weeks ago, as the nation spiraled into an economic and political crisis, facing its final debt showdown with European creditors. The market just concluded its first day of trading since the shutdown, and the outlook is grim: the market lost 16.2 percent of its value on the first day back in business.

AP Photo/Yorgos Karahalis

Brains & Brawn: Perry Outlines Reform, Issues Trump a Physical Challenge

Perry and Trump have been engaged in a rhetorical battle for weeks. At the end of Perry’s speech Wednesday at the Yale Club in New York City, he was questioned about Trump’s remarks. Grinning as he listened to the question, Perry quipped, “Let’s get a pull-up bar out there and see who can do more pull-ups,” as the audience roared with cheers.

rick perry donald trump

FBN’s Gasparino: Wall Street in Panic over Trump’s Surge

On Wednesday’s broadcast of Fox Business Network’s “Cavuto: Coast to Coast,” network senior business correspondent Charlie Gasparino explained that Wall Street is concerned over real estate mogul Donald Trump’s rise in the presidential polls to guest host Charles Payne. “The

Gasparino715

Facebook Overtakes Walmart in Stock Value

The world’s biggest online social network knocked the world’s largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday and the gap widened on Tuesday.

The Associated Press

NASDAQ Hits New High, After 15-Year Recovery

15 years after the Dot-Com Bubble burst, the Nasdaq Composite Index leapt by 20.89 points, or 0.4%, to close at 5056.06 on Thursday, a record high. The strength of the index is being driven by the Silicon Valley 150 tech companies that have provided the juice to lift the NASDAQ by 6.8%, despite U.S. stock performance trailing major world markets.

REUTERS/LUCAS JACKSON

Democrats Hope Hillary Clinton Raises $100s of Millions from Wall Street

The first fundraising numbers for Hillary Clinton’s White House bid will not be posted until July, but Wall Street took leadership roles in fundraising for both of her New York Senate campaigns, and nine of Mrs. Clinton’s top 20 donor organizations in her 2008 presidential bid were financial services firms. But after six years of a Wall Street donation boycott in retaliation for passing Dodd-Frank, Clinton is the Democrats’ best hope for reviving access to $100s of millions from Wall Street’s firehose of political donations.

AP/Charlie Neibergall

The Real Elizabeth Warren Stands up to Trash Wall Street

Senator Elizabeth Warren (D-Mass) has not commanded much public attention since Hillary Clinton started channeling Warren’s book, Fighting Chance, which claims the “system is rigged” against the middle class because it is controlled by and for the elites who tilt the game in their favor. But in a bold effort to take all the oxygen out of the Clinton campaign, Senator Warren (D-Mass.) laid out a bare-knuckles legislative road map on Wednesday to kick Wall Street in the teeth.

AP Photo/Charles Dharapak