Gbemisola Olujobi / TruthdigMay 28, 2019
As the first African tech startup on the New York exchange, Jumia is the object of accolades, criticism and even financial suspicion. Dig deeper ( 7 Min. Read )
Alexander Reed Kelly / TruthdigJul 9, 2015
“The signs are ominous,” writes financial journalist Suzanne McGee. Ultimately, we "will need to get accustomed to higher market volatility, of the kind that we saw yesterday." Dig deeper ( 2 Min. Read )
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Staff / TruthdigNov 8, 2013
Love it or hate it, but Twitter, the social-media stalwart that got everyone thinking in 140 characters or less, was the darling of the NYSE on Thursday after TWTR shares closed 73 percent higher than the preset IPO asking price of $26. Dig deeper ( 1 Min. Read )
Alexander Reed Kelly / TruthdigDec 21, 2012
The owner of the “icon of American capitalism” is being sold to an Atlanta-based derivatives company for $8.2 billion as Wall Street’s trademark practice of high-energy verbal trading gives way to the digital kind. Dig deeper ( 1 Min. Read )
Staff / TruthdigAug 8, 2011
US stocks sank almost 6 percent Monday, as investors disposed of risky assets and bought low-yielding but more secure Treasury bills and bonds, despite Standard & Poor's recent downgrade of the U government credit rating (more). Dig deeper ( 2 Min. Read )
Staff / TruthdigFeb 8, 2010
John Thain is back. The ex-CEO of Merrill Lynch, who also once held top posts at Goldman Sachs and the New York Stock Exchange, has returned to the Wall Street fold, this time as chairman and CEO of the CIT Group. However, this time, one imagines, he won't have a $35K commode at his disposal. Dig deeper ( 1 Min. Read )
Staff / TruthdigDec 22, 2009
Well, this looks about right. Although it doesn't exactly represent the sort of image overhaul we'd recommend for Wall Street types given the past 15 months or so, this footage of Darth Vader and a supporting cast of stormtroopers ringing the opening bell at the New York Stock Exchange on Tuesday has a certain refreshing frankness about it, no? Dig deeper ( 1 Min. Read )
Staff / TruthdigOct 17, 2008
The Dow gained 401.35 points Thursday but had volatile swings through most of the day. Investors, The Wall Street Journal reports, are still trying to figure out what stage of suck the economy is in. Dig deeper ( 1 Min. Read )
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