Tag: wall street


  • Stock Market and China Yuan Devaluation

    China’s Yuan Was Just Devalued And It’s Hurting Wall Street

    China in a surprise move on Monday night devalued its own currency and that decision was immediately felt on Wall Street. Traders, questioning how the devaluation might affect the Fed’s decision to raise interest rates, punished the Dow Jones Industrial as futures were trading down by 152 points by 8:25 a.m. ET. The dow was […]

  • Movie Review of Wall Street: Money Never Sleeps

    1987’s Wall Street was an instant classic. Its even, flowing pace was peppered by clever dialogue, convincing characters, and clean, almost mythological themes. Charlie Sheen’s Bud Fox, a hot young broker faced with an ethical dilemma, boldly sacrificed his career to do what he felt was right. Michael Douglas’ indomitable Gordon Gekko acted both as […]

  • Wall Street Scandal Makes Americans Question Financial World’s Morals

    From the New York Times: Throughout America yesterday, communities and businesses were abuzz with the news of the widening insider-trading scandal on Wall Street. ”There is a feeling,” said one Cleveland executive, ”that there have always been a lot of crooks on Wall Street and probably always will be.” Even on Wall Street, where money […]