What you need to know on Wall Street right now
Joshua Roberts/Reuters
The election of Donald Trump has brought bond market vigilantes out of the woodwork. Bond markets everywhere are getting destroyed.
Elsewhere in Trump headlines:
- There's a simple reason for Clinton's shocking loss to Trump
- BERENBERG: Politics right now "evokes memories of the dreadful 1930s"
- One brutal chart from the biggest hedge fund in the world explains everything
- One of Trump's major economic polices could lead to a "global recession"
- Trump is considering an oil billionaire for energy secretary
- Wall Street is getting ahead of itself on the biggest bet it's placing on Trump
- I'm a Muslim immigrant and I'm choosing to stay in Trump's America
- Goodbye, globalization
In deal news:
- A hedge fund just asked Kate Spade to sell itself - and shares are soaring
- America's newest stock exchange has made a big Wall Street hire
- Samsung is buying connected car company Harman for $8 billion
- Siemens is buying a software company for about $4 billion
- The boutique bank Perella Weinberg is buying an energy-focused rival
- Tesla is finally addressing its single biggest problem as a company
In other news, Business Insider's Richard Feloni learned the meditation technique taking over Wall Street - here's what he discovered.
And lastly, these photos show how drastically Manhattan's Financial District has evolved since the '70s.
Here are the top Wall Street headlines at midday
An 18-month recession at the biggest businesses in America just ended - America's largest companies had some good news this quarter.
Lloyd Blankfein explains Goldman Sachs' push into retail banking - Goldman Sachs last month launched an online consumer lending platform - an unusual move for the global investment bank - and many people are wondering why.
Citi is reportedly planning to move 900 jobs from London to Dublin - US bank Citi is preparing to move up to 900 jobs from London to Dublinas part of its contingency plans for Britain's exit from the European Union
A senior Morgan Stanley dealmaker is reportedly leaving to launch a boutique firm - The veteran Morgan Stanley banker Lars Andersson is reportedly leaving the firm to strike out on his own.
There's been a dramatic shift in why the world drinks coffee - and it's a boon for companies - Coffee is just like wine.
NAPIER: Investors have been 'royally gamed by the financial system' - Financial repression is coming to Europe and the people that can't see that don't have a strong understanding of financial history and the lengths that politicians will go to get re-elected.
Checkout Gulfstream's next generation $45 million G500 private jet - Over the years, Gulfstream's line of long-range private jets have become synonymous with the pinnacle of luxury air travel.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market