In 2024, Wall Street’s bonus pool reached a record high of $47.5 billion, reflecting an average bonus of $244,700 per banker, marking a 31% increase from the previous […]
Economy
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The Golden Age of Private Equity is Over: Implications for Careers
Wall Street’s era of private equity dominance is slowing down after nearly 25 years of outperforming the stock market. Earlier this month, Hamilton Lane reported that the MSCI […]
Economy
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Tesla Banned from Canadian EV Rebate Program Amid Investigation
Tesla has been excluded from future federal EV rebate programs in Canada as the government investigates $43 million in rebates claimed by Tesla just before the program was […]
Economy
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Potential Copper Import Tariffs by Trump Administration Could Happen Sooner Than Expected
According to sources familiar with the matter, the US could implement tariffs on copper imports within several weeks, much earlier than the previously set deadline. This news has […]
Economy
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Delaware Considers Easing Governance Laws Amid Corporate Exodus Threat
There is a growing concern among policymakers in Delaware regarding the potential exodus of corporations. In response to this threat, there are discussions about softening governance laws to […]
Economy
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Tesla’s Demand Hit: Cathie Wood Attributes It to More Than Just Elon Musk’s Politics
Cathie Wood, a prominent Tesla bull, has stated that the recent demand hit Tesla is experiencing is not solely due to Elon Musk’s political stance but also due […]
Economy
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Consumer confidence plummets to lowest level since January 2021
The economic mood in America continues to worsen as consumer confidence slid 7.2 points this month to a reading of 92.9, according to the Conference Board’s latest survey. […]
Economy
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Consumer confidence in economic outlook hits 12-year low
Consumer confidence declined further in March, with the Conference Board reporting a significant drop in the outlook for future conditions to the lowest level in over a decade. […]
Economy
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Job Applications Surge Among Workers Affected by DOGE-Targeted Agencies
There has been a notable increase in job applications from workers at agencies targeted by the Department of Government Ethics (DOGE). Indeed reported a 50% surge in job […]
Economy
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Tesla’s Political Ties Spark Brand Crisis Amid Stock Decline
Earlier this month, President Donald Trump promoted Tesla vehicles with enthusiasm usually reserved for his campaign rallies. Speaking about prices and models, he stated, “I’m going to buy […]