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capital

This city has been declared America's most hated, again — as Southern spot takes claim as US' most desirable

For the second year running, the city topped the list of places where Americans would least want to live, with a whopping 33% of survey respondents ranking it among the...

Big banks will need to hold more capital to guard against risk under new Fed proposal

Banks such as Morgan Stanley, or even a credit card company such as American Express, would be more impacted because their business models are heavily weighed toward fee income.

Why Wall Street celebrating Inflation Reduction Act could be premature

Tax experts warn that a new tax on stock buybacks could turn into a “gateway drug” to tax all kinds of financial transactions.

Man dies after lighting himself on fire outside US Supreme Court

Wynn Bruce, 50, of Boulder, Colorado, died Saturday, a day after he set himself ablaze in Washington, D.C.

Person sets themselves on fire in front of Supreme Court building in DC

A person was airlifted to the hospital after setting themselves on fire in front of the Supreme Court building in Washington DC on Friday evening, officials said.

Proud Boys leader pleads not guilty to Jan. 6 charges

Though he wasn’t at the Capitol during the Jan. 6, 2021, riot, prosecutors say Tarrio organized encrypted chats with Proud Boys members.

Here's why grocery delivery apps are in trouble

Gopuff -- a Philly-based delivery service that's backed by Softbank -- has floated a valuation of up to $40 billion and hired Goldman Sachs to help prepare for an IPO.

Person airlifted from Lincoln Memorial with self-inflicted gunshot wound

Emergency responders from the Park Police medevaced the wounded individual -- who was not identified -- from the scene at about 7:25 p.m. on Monday.

Big banks pass first round of Fed's annual stress test

The 35 largest US banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to...

Checking in: The St. Regis Mexico City

When the 31-story César Pelli-designed tower debuted in the fall of 2009 on the city’s famed Paseo de la Reforma, it made a big statement — with sexy, modern interiors...

SAC fund manager gets 3 1/2 years for insider trading

He’s a good guy — except for that insider trading conviction. Michael Steinberg, the fallen fund manager at Cohen’s SAC Capital Advisors, was sentenced to 3 ¹/₂ years in prison...

This 'ridiculously far-left' economist is candy for liberals

The No. 1 bestselling book on Amazon last week wasn’t about plucky teen girls battling for humanity in a futuristic dystopia. It wasn’t about a boy wizard or a college...

Rash of finance-pro suicides baffles experts

The financial world has been rattled by a rash of apparent suicides, with some of the best and brightest among the finance workers who have taken their lives since the...

Former Treasury Secretary joins Wall Street

Mr. Geither goes to Wall Street. Former Treasury Secretary Tim Geithner will join private-equity firm Warburg Pincus next year after 26 years in public service, the company said. Geithner will...

TPG Capital's 'Dire' fund performance

When private equity giant TPG Capital chose the entertainment for its annual meeting last week, one has to wonder ‘what were they thinking?’ TPG — which is greatly underperforming its...

Chipotle too hot for Einhorn

Chipotle is proving too hot for hedge-fund manager David Einhorn. Einhorn’s Greenlight Capital eked out only a 1.2 percent gain for October, according to a source. That compares to a...

Judge urged to reject SAC’s potential $1.2B settlement

SAC Capital Advisors’ potential $1.2 billion deal to resolve criminal insider-trading charges is coming under fire before it’s even done. The lawyer for a class-action suit over SAC’s trading in...

Just avoid 'Capital'

Fans of the politically charged Costa-Gavras thrillers “Z” and “Missing” had best avoid the 80-year-old director’s second-rate new thriller, France’s “Capital.” Gad Elmaleh plays a French Gordon Gekko who schemes...