Wall Street Week – Full Show (8/7/2020)

Aug.07 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This week’s Wall Street Week features David Westin’s interviews with National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci, Sen. Rick Scott (R-FL), and Former Secretary of Education Arne Duncan. The conversations highlight the health … Read more Wall Street Week – Full Show (8/7/2020)

Dialing up the pressure on Wall Street

In the wake of nationwide protests against racial injustice, investors and employees are putting pressure on big banks to publicly disclose information about diversity in corporate ranks. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest … Read more Dialing up the pressure on Wall Street

ARK Invest’s Cathie Wood Says It Won’t Be an All-out Tech War

Aug.07 — Cathie Wood, ARK Invest CEO & CIO, says President Trump would not risk an all-out tech war with China. She predicts that Microsoft will try to buy their way into consumer franchise to be more like Alphabet. She joins David Westin exclusively on “Bloomberg Wall Street Week.”

We Need Smart Stimulus, Says Financial Times’ Tett

Aug.07 — Gillian Tett, Financial Times Editorial Board Chair, says stimulus measures in the U.S. were not dispersed well, exacerbating economic inequities. Larry Summers, Former U.S. Treasury Secretary, says that we need to target pandemic aid better while continuing to turn the economy around. They join David Westin exclusively on “Bloomberg Wall Street Week.”

Summers Says There is Total Confusion in How We View Tech Companies in the U.S.

Aug.07 — Larry Summers, Former U.S. Treasury Secretary, says that we cannot seem to decide whether tech companies are the national champions or villains when it comes to competing with China. He cautions that Internet freedom was once important to the economy, but may not be the right approach now. He joins David Westin exclusively … Read more Summers Says There is Total Confusion in How We View Tech Companies in the U.S.

LIVE: Why Killer Mike Wants More People to Support Black-Owned Banks

While Wall Street behemoths may be too big to fail, many Black-owned banks have proven too small to succeed. Two decades ago, 48 were open for business. Today, there are just 21. Since the 2008 financial crisis, as the big banks have gotten $2 trillion bigger, the combined assets of Black-owned banks have actually declined. … Read more LIVE: Why Killer Mike Wants More People to Support Black-Owned Banks

Nasdaq closes above 11,000 for first time

Shares on Wall Street shrugged off a sluggish start and closed higher on Thursday. As Fred Katayama reports, the Nasdaq ended the session above 11,000 for the first time as investors hoped for a new fiscal stimulus package. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. … Read more Nasdaq closes above 11,000 for first time

Disney profit surprise lists Wall Street

U.S. stocks climbed Wednesday on the heels of a surprise quarterly profit from Disney and as investors stayed optimistic that a deal was near for a U.S. coronavirus fiscal aid package. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is … Read more Disney profit surprise lists Wall Street

World’s Hottest Stock Is Money-Losing Tech Giant Soaring 880%

Aug.05 — The world’s hottest stock isn’t actually one of the FAANGs or Tesla, but a Singapore-based gaming and e-commerce company. Sea Ltd. has quietly become the world’s best performing large-cap stock, stoking a debate on Wall Street over whether this is the next great internet giant or evidence of a global tech bubble that’s … Read more World’s Hottest Stock Is Money-Losing Tech Giant Soaring 880%

Kodak’s U.S. loan disclosure put under scrutiny

The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak announcement of a $765 million government loan to make drugs at its U.S. factories, the Wall Street Journal reported on Tuesday. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy … Read more Kodak’s U.S. loan disclosure put under scrutiny

Stocks rise, Disney surges after hours

Wall Street ended higher after a choppy session on Tuesday, but they were capped by declines in AIG and Microsoft. Disney shares shot higher after its adjusted profit handily beat expectations. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is … Read more Stocks rise, Disney surges after hours

Wall Street Is Torn on Whether a Biden Win Would Bring Joy or Misery

As President Donald Trump’s poll numbers continue to sink, Wall Street is starting to envision Washington under Joe Biden — a scenario that many executives say they welcome. But to some pessimists, the upbeat view underestimates the rising influence of progressive Democrats who are demanding a clampdown on banks, hedge funds and private-equity firms. Those … Read more Wall Street Is Torn on Whether a Biden Win Would Bring Joy or Misery