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How trailblazing women fought for a place on Wall Street

Sep 12, 2024
The new book "She-Wolves: The Untold History of Women on Wall Street" chronicles the barriers women had to break down to become part of major financial institutions.
It wasn't until 1976 that the first woman traded stocks on the floor of the New York Stock Exchange.
Spencer Platt/Getty Images

When stocks get volatile, many pros hedge their bets with bonds

Aug 12, 2024
When stocks go up, bond prices typically go down, and vice versa. But that inverse relationship isn't a given.
When the stock market dips, bonds can be an option to protect portfolios' stability.
Michael M. Santiago/Getty Images

Wall Street's question for Big Tech: When will all that money you're spending on AI finally pay off?

Jul 30, 2024
For now, it's boosting other parts of the economy — chipmakers and contractors that build data centers, for example.
Investors want to see AI spending start to pay off, but building AI-supportive infrastructure takes time.
Michael M. Santiago/Getty Images

Stocks are up, but so are consumer prices. What's the connection?

Jul 8, 2024
Investors are often wary of inflation. But those higher prices can bring benefits to companies.
Inflation has eased, the Federal Reserve has held interest rates steady and stocks have been making new highs.
Michael M. Santiago/Getty Images

All aboard the AI hype train

Jan 26, 2024
Artificial intelligence bets on Wall Street are huge. But some experts warn investor optimism around AI growth may be irrationally high.
Microsoft's market value hit $3 trillion this week, driven by  investors' expectations of huge growth in artificial intelligence.
Lionel Bonaventure/AFP via Getty Images

To narrow the gender gap in boardrooms, Poker Power asks girls to ante up

Aug 23, 2023
"Stereotypically, poker is a boys' club. It's booze, it's betting, it's a smoky basement. It's all the places that women don't feel comfortable. And that's what we're trying to shift," said Erin Lydon, president of Poker Power.
"Half the world is women. So we want half the world playing poker," said Erin Lydon, president of Poker Power.
Photo courtesy of Erin Lydon

For public good, not for profit.

What's next for JPMorgan after acquiring First Republic?

May 2, 2023
JPMorgan acquired First Republic's assets and customers, but also a lot of outstanding debt.
JPMorgan Chase CEO Jamie Dimon is pictured. The bank's acquisition of First Republic means it assumes a large number of new assets, customers and debt.
Eric Piermont/AFP/Getty Images

By acquiring First Republic, JPMorgan becomes "too big to be too-big-to-fail"

The reverberations of the Silicon Valley Bank collapse have taken down First Republic. What's next for the financial industry?
JPMorgan Chase's acquisition of First Republic further consolidates the industry in the country's largest bank, says the University of Michigan's Erik Gordon.
Johannes Eisele/AFP via Getty Images

When will the tech giants' AI investments start paying off?

Apr 25, 2023
Microsoft and Alphabet both reporting earnings this week. Expect AI to play a big role in their earnings reports.
Jeenah Moon/Getty Images