by Bhatt Unnati | May 5, 2022 | Latest News, Wall Street
As industries continue to lose employees in large amounts amidst the Great Resignation, companies are willing to do whatever it takes to hire new talent. And potential employees and interns have the upper hand when it comes to negotiating things like compensation...
by Bhatt Unnati | Apr 11, 2022 | Latest News, Wall Street
New York men who own penthouses have a lot of pent-up energy. And they’re ready and raring to release it. Right now, as the pandemic eases and Wall Street bonuses are through the roof, finance-world princes — flush with cash — are out on the prowl for fleshy fun. Take...
by Bhatt Unnati | Mar 30, 2022 | Business, Latest News, Wall Street
Junior bankers at Goldman Sachs are threatening to quit over demands that they show up to the office five days a week as the pandemic wanes — and some gripe that their bosses have been quietly checking attendance. As bonuses across Wall Street hit record highs,...
by Bhatt Unnati | Mar 29, 2022 | Business, Latest News, Wall Street
The federal minimum wage in the United States has not risen since 2009. It was set at $7.25 an hour that year, and remains so today in 2022. Wall Street bonuses, on the other hand, have risen steadily. And now a report from Inequality.org shows that if the federal...
by Jack Kelly | Feb 28, 2022 | Bitcoin, Cryptocurrencies, Wall Street
The U.S. Securities and Exchange Commission (SEC) will not offer amnesty to cryptocurrency companies that self-report violations of securities laws, although they may face smaller penalties, the agency’s enforcement director told Reuters. Gurbir Grewal’s...
by Bhatt Unnati | Jan 26, 2022 | Career Advice, Covid-19, Latest News, Wall Street
The pandemic has shown that companies need to be proactively resilient — to use the crisis as a learning experience and an opportunity to transform into something new and stronger. Flexible companies can assemble teams quickly, draw on collective knowledge and find...
by Bhatt Unnati | Aug 30, 2021 | Latest News, Wall Street
With Jackson Hole in the rear-view mirror, August’s employment report could be the next driver for markets. Stocks gained in the past week, surging again to new highs Friday after a speech by Federal Reserve Chairman Jerome Powell. The chairman acknowledged that Fed...
by Bhatt Unnati | Aug 24, 2021 | Covid-19, Latest News, Wall Street
As Wall Street scrambles to find safe ways to return its bankers to the office as the Delta variant surges, some financiers have found a scapegoat for the mess: the unvaccinated. “Most employees on Wall Street want vaccine mandates for anyone returning to the...
by Bhatt Unnati | Aug 2, 2021 | Wall Street
The push for a four-day workweek has gained traction during the coronavirus pandemic, even grabbing the attention of Congress, but a shorter workweek may be difficult to implement on Wall Street. The finance sector has “always been a culture of heavy hours and working...