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Economy

“Wall Street bonuses dropped 26% in 2022 after record 2021”

March 30, 2023

“Wall Street bonuses fell 26% to an average $176,700 in 2022 from a record in 2021, according to a report from New York State Comptroller Thomas DiNapoli published on Thursday. A worsening economic environment and stalled deal markets weighed on… Continue Reading…

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Economy

“Retail sales dropped 1.9% in December as higher prices caused consumers to curb spending”

January 14, 2022

“…The advance monthly sales report to close out the year showed a decline of 1.9%, considerably worse than the Dow Jones estimate for just a 0.1% drop. Excluding autos, sales fell 2.3%, a number that also fell well short of… Continue Reading…

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Stocks

“GameStop Shares Drop, Extending 80% Slump From Last Week”

February 8, 2021

“The stock fell as much 4.7% to $60.77 at 10:40 a.m. in New York trading, after whipsawing between gains and losses earlier. It slumped 80% last week, a drop that followed three weeks of dizzying gains. Robinhood Markets Inc.’s move… Continue Reading…

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Business

“Apple has quietly dropped 22% from its peak, giving up $500 billion in market cap”

September 19, 2020

“It took just 12 trading sessions for Apple to plunge more than 20% from its all-time high, shedding more than half a trillion in market capitalization. The tech giant has plunged 22.6% from its intraday record high of $137.98 from Sept. 2,… Continue Reading…

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