Jumia’s Stock Listing Spotlights African E-Commerce

Gbemisola Olujobi / Truthdig May 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 )

Wall Street Dominoes

Nate Beeler, The Columbus Dispatch. Cagle Cartoons Jul 9, 2015 Dig deeper

Are We Heading for Another Stock Market Crash?

Alexander Reed Kelly / Truthdig Jul 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 )

Twitter Flies High in Stock Debut

Staff / Truthdig Nov 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 )

New York Stock Exchange Operator to Be Sold for Billions

Alexander Reed Kelly / Truthdig Dec 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 )

Investors Seek Treasury Port in a Storm

Staff / Truthdig Aug 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 )

Former Merrill Lynch CEO Thain Tapped to Head CIT

Staff / Truthdig Feb 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 )

Wall Street Officially Joins the Dark Side

Staff / Truthdig Dec 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 )

Brokers Gone Wild: Market Closes Up

Staff / Truthdig Oct 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 )