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Wall Street

American Eagle Stock Soars 24% After Controversial Sydney Sweeney ‘Great Jeans’ Ad American Eagle Stock Soars 24% After Controversial Sydney Sweeney ‘Great Jeans’ Ad
American Eagle Stock Soars 24% After Controversial Sydney Sweeney ‘Great Jeans’ Ad Sydney Sweeney may have just done for American Eagle what pumpkin spice does for Starbucks. The actress’s now-infamous “Great Jeans” commercial — the one where she purrs, “Genes are passed down from parents to offspring... My jeans are blue” — has been roasted, memed, and accused of everything from being a “Nazi dog whistle” to shameless Calvin Klein cosplay.  But while the internet argued, Wall Street cheered. On Wednesday, Sept. 3, American Eagle Outfitters Inc. (NYSE: AEO) announced second-quarter earnings that smashed expectations: $103 million in operating income (up 2%), $1.28 b…
'Focus On Being A DJ,' Trump Tells Goldman Sachs CEO From Hartsdale After Tariff Warning 'Focus On Being A DJ,' Trump Tells Goldman Sachs CEO From Hartsdale After Tariff Warning
'Focus On Being A DJ,' Trump Tells Goldman Sachs CEO From Hartsdale After Tariff Warning President Donald Trump is taking aim at Goldman Sachs CEO David Solomon and telling him to focus on his side gig after economists at the Wall Street giant's bank warned that American consumers may soon bear the brunt of the president's tariffs. In a Truth Social post on Tuesday, Aug. 12, Trump defended his trade policy, claiming that “trillions of dollars are being taken in on tariffs” and that the measures have been “incredible for our country, its stock market, its general wealth, and just about everything else.”  The post came days after Goldman Sachs' chief economist Jan Hatzi…
Retailers Bet On Trump Backing Down From His Tariffs, New Survey Shows Retailers Bet On Trump Backing Down From His Tariffs, New Survey Shows
Retailers Bet On Trump Backing Down From His Tariffs, New Survey Shows Many retail executives are starting to follow Wall Street's "TACO trade" philosophy, according to a new survey. A growing number of retail leaders believe President Donald Trump will retreat on his sweeping tariffs against many countries, according to a survey from consulting firm AlixPartners. The survey released on Sunday, June 1, was first reported by CNBC. Executives from major brands and retailers were asked about how they were planning for the July expiration of Trump's 90-day pause on his so-called "liberation day" tariffs. A majority said they expect the president to settl…
Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum' Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum'
Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum' Private hiring sharply declined to its slowest pace in more than two years as President Donald Trump's sweeping tariffs have shaken the economy throughout 2025. Businesses added just 37,000 jobs in May, according to the ADP National Employment Report released on Wednesday, June 4. That was the lowest level since March 2023, falling below April's downwardly revised figure of 60,000. The disappointing job total missed the Dow Jones forecast of 110,000, CNBC reported. "After a strong start to the year, hiring is losing momentum," ADP chief economist Dr. Nela Richardson said. "Pay growth, howe…
'Trump Always Chickens Out': Hear His Response To Wall Street's 'TACO' Trade Strategy 'Trump Always Chickens Out': Hear His Response To Wall Street's 'TACO' Trade Strategy
'Trump Always Chickens Out': Hear His Response To Wall Street's 'Taco' Trade Strategy Economists say Wall Street just experienced a "TACO" Tuesday, but it had nothing to do with tortillas or salsa. Traders and other stock market watchers have been discussing what's called the "TACO" trade strategy. TACO is an acronym that stands for "Trump Always Chickens Out," a reference to President Donald Trump's constantly changing tariff threats and retreats. Financial Times columnist Robert Armstrong has been widely credited with creating the TACO nickname earlier in May. "The recent rally has a lot to do with markets realising that the US administration does not have a very hig…
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.2% from March, the Bureau of Labor Statistics said on Tuesday, May 13. Consumer prices rose 2.3% from April 2024, the smallest yearly inflation since February 2021. The annual inflation number was slightly below the 2.4% Dow Jones forecast, CNBC reported. Wall Street didn't react much to the consumer price index (CPI) data, with stocks and Treasury yields staying relatively unchanged when …
Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says
Inflation Cooled In March Before Trump's Tariffs Fueled Market Collapse, New Data Says Inflation slightly eased in March, just before President Donald Trump's sweeping tariff announcement sent Wall Street spiraling, wiping out trillions in market value before a temporary tariff pause. The consumer price index (CPI) fell 0.1% in March, the first decline since October, the Bureau of Labor Statistics said on Thursday, April 10. Prices climbed 2.4% from March 2024, the slowest annual increase since early 2021. Wall Street was bracing for a hotter inflation report. The Dow Jones consensus estimated headline inflation to be 2.6% and core inflation to be 3%, CNBC reported. Gas…
Trump Slaps 104% Tariff On China As Markets Resume Freefall, Recession Fears Grow Trump Slaps 104% Tariff On China As Markets Resume Freefall, Recession Fears Grow
Trump Slaps 104% Tariff On China As Markets Resume Freefall, Recession Fears Grow President Donald Trump will place a jarring 104% tariff on Chinese goods, wiping out gains on Wall Street after three chaotic days of trading that wiped out trillions from US markets and elevated recession fears. White House Press Secretary Karoline Leavitt confirmed the dramatic tariff rise during a news conference on Tuesday, April 8. The new 104% duty will officially begin at 12:01 a.m. on Wednesday, April 9. China's tariff rate was raised to a combined 54% when Trump announced his "liberation day" tariffs on Wednesday, April 2. A 34% additional tariff was added to Trump's pre-existing 2…
Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor
Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor Chaos has shaken Wall Street for a third day as the White House denied rumors of a pause on President Donald Trump's sweeping new tariffs that sparked the worst sell-off since the start of the COVID-19 pandemic. The Dow Jones Industrial Average opened down roughly 1,250 points on Monday, April 7. The massive drop continued the market freefall that happened in the aftermath of Trump's "liberation day" announcement. Soon after trading opened, the Dow surged back into the green by around 10:15 a.m. The bounce back appeared to be in response to social media posts claiming Trump was conside…
Trump's Tariffs Hit Nintendo: Switch 2 Preorders Delayed, Video Game Giant's Stock Tumbles Trump's Tariffs Hit Nintendo: Switch 2 Preorders Delayed, Video Game Giant's Stock Tumbles
Trump's Tariffs Hit Nintendo: Switch 2 Preorders Delayed, Video Game Giant's Stock Tumbles The Nintendo Switch 2 was hit with a Mario Kart "red shell" as preorders for the highly anticipated video game console have been delayed due to President Donald Trump's sweeping new tariffs. Preorders for the Nintendo Switch 2 won't start on their scheduled date of Wednesday, April 9. A Nintendo spokesperson confirmed the delay to the Daily Voice on Friday, April 4. Nintendo said the pause won't affect when the portable console will be released. "Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9, 2025 in order to assess the potential impact of tariffs and e…
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario'
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks plummeted on Wall Street and a wave of panic selling swept through global markets reacting to President Donald Trump's widespread "liberation day" tariffs. The tariff announcement sent stocks into their worst tailspin of 2025 so far and dragged the US dollar to a six-month low on Thursday, April 3. Trump unveiled the sweeping 10% tariffs on all imports and far steeper rates for key trade partners on Wednesday, April 2. By 11 a.m., the Dow Jones Industrial Average had plunged about 1,590 points, down 3.77%. The S&P 500 fell 4.35% – or about 247 points – while the Nasdaq …
Trump Taps Billionaire Financier, Jericho Native For Commerce Secretary Trump Taps Billionaire Financier, Jericho Native For Commerce Secretary
Trump Taps Billionaire Financier, Jericho Native For Commerce Secretary President-elect Donald Trump has picked another New Yorker for a top Cabinet post. Howard Lutnick, a Long Island native from Jericho and the chairman and CEO of Cantor Fitzgerald, is his pick for commerce secretary. “He will lead our tariff and trade agenda, with additional direct responsibility for the Office of the United States Trade Representative,” Trump announced on Truth Social on Tuesday, Nov. 19. Earlier Report: Trump Selects Vaccine-Skeptic Robert F. Kennedy Jr. As Secretary Of Health, Human Services Lutnick, a co-chair of the president-elect’s transition team, has spent …
Michael Douglas To Receive Lifetime Achievement Award From Avon Theater In Stamford Michael Douglas To Receive Lifetime Achievement Award From Avon Theater In Stamford
Michael Douglas To Receive Lifetime Achievement Award From Avon Theater In Stamford Longtime actor and producer Michael Douglas, a longtime New York resident, will receive a Lifetime Achievement Award in Connecticut.  The 79-year-old Douglas, a Westchester County resident formerly of Bedford and now living in Irvington-on-Hudson, will be presented the award on Tuesday, Oct. 22, in Fairfield County, at the Avon Theater in Stamford. "We are thrilled to recognize Michael Douglas with the Avon Theatre Lifetime Achievement Award," said Peter H. Gistelinck, the Avon Theatre executive director. "Mr. Douglas' exceptional talent, dedication to his craft, and enduring impact on…
Miss New Jersey Sets Sights On Miss USA Crown Miss New Jersey Sets Sights On Miss USA Crown
Miss New Jersey Sets Sights On Miss USA Crown Derby Chukwudi is proud to represent the Garden State. Chukwudi, a Hoboken resident, is Miss New Jersey 2023 and will be competing at the Miss USA pageant on Friday, Sept. 29 at 8 p.m. in Reno airing on The CW.  Chukwudi, will be competing against 50 other women (including Washington, D.C.'s winner) for the title. "It feels amazing," Chukwudi said of her title. "It's definitely been an honor to represent the state of New Jersey and be a beacon of hope and inspiration to young people. I am grateful for the opportunity. Wanting to step out of her comfort zone, Chukwudi, who was raised in N…
Harvard Grad From PA Competes For Love On 'The Bachelorette' Harvard Grad From PA Competes For Love On 'The Bachelorette'
Harvard Grad From PA Competes For Love On 'The Bachelorette' A Harvard grad from Pennsylvania is one of 29 contestants competing on this season of "The Bachelorette" on ABC. This season, starring Charity Lawson, premiers Monday, June 26 at 9 p.m. EST. Joshua Young, who attended Freedom High School before he headed to the Ivy Leagues, gave up a career on Wall Street and grad program at Harvard to work for a nonprofit building international affordable housing. ALSO SEE: Buff Mortgage Lender From Pittsburg Competes For Love On 'The Bachelorette' Knowing he's made someone else's day better is when he's at his happiest, according to his show bio. "Josh…
Incoming NY Congressman Accused Of Fabricating Background To Address Questions 'Next Week' Incoming NY Congressman Accused Of Fabricating Background To Address Questions 'Next Week'
Incoming NY Congressman Accused Of Fabricating Background To Address Questions 'Next Week' Incoming New York Congressman George Santos will wait until after Christmas to address accusations that he duped voters into backing him by fabricating major parts of his resume. Santos, a Republican set to represent the state’s 3rd District on Long Island’s North Shore and parts of Queens beginning in January 2023, addressed the controversy in a post on Twitter Thursday, Dec. 22. Earlier Report: NY Congressman-Elect May Have Lied About Key Parts Of Resume, Report Says “To the people of #NY03 I have my story to tell and it will be told next week,” Santos said. “I want to assure everyone…
Trump Held In Contempt By NY Judge, Ordered To Pay $10K Per Day For Not Responding To Subpoena Trump Held In Contempt By NY Judge, Ordered To Pay $10K Per Day For Not Responding To Subpoena
Trump Held In Contempt By NY Judge, Ordered To Pay $10K Per Day For Not Responding To Subpoena The New York Attorney General won what she called a “major victory” in her ongoing investigation into former President Donald Trump and his business dealings. Attorney General Letitia James announced on Monday April 25, that Trump is being held in contempt of court by the New York State Supreme Court for failing to comply with previous orders to provide documents amid the ongoing investigation. Earlier story - NY AG Asks Judge To Hold Donald Trump In Contempt Of Court Trump will now be fined $10,000 daily for each day that he continues to violate the court’s orders to produce the documents…
Westchester GOP Businessman Harry Wilson Announces Run For NY Governor Westchester GOP Businessman Harry Wilson Announces Run For NY Governor
Westchester GOP Businessman Harry Wilson Announces Run For NY Governor A millionaire GOP businessman from the Hudson Valley has thrown his hat into the 2022 gubernatorial ring and announced that he will be challenging for incumbent Democratic Gov. Kathy Hochul’s seat in Albany. Westchester resident Harry Wilson, age 50, of Scarsdale, announced on Tuesday, Feb. 22 that he plans to make a gubernatorial run “to turn around New York.” "I'm running for governor to turn around New York," he announced. "Our state is totally broken. Rising crime, sky-high taxes, closed schools, corrupt politicians. 
“I’ve spent my career turning around failing organizations. Let’s g…
Trump Organization Lied To Tax Officials, Banks About Properties, NY AG Says, Seeking Subpoenas Trump Organization Lied To Tax Officials, Banks About Properties, NY AG Says, Seeking Subpoenas
Trump Organization Lied To Tax Officials, Banks About Properties, NY AG Says, Seeking Subpoenas Letitia James is turning up the heat on former President Donald Trump and his family. The New York attorney general is seeking a court order to compel the former president and his two oldest children, Donald, Jr., and Ivanka to testify in their fraud case regarding their alleged misleading activity involving multiple properties and the Trump Organization. Earlier story - Trump 'Delay Tactics Won't Stop Our Investigation,' NY AG Says “We are taking legal action to force Donald Trump, Donald Trump, Jr., and Ivanka Trump to comply with our investigation into the Trump Organization's fin…
Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says
Head Of President Biden’s Security Detail Leaving To Take Wall Street Job, Report Says The top person tasked with keeping President Joe Biden safe will be leaving his post for a cushy job on Wall Street, according to multiple reports. David Cho, the head of Biden’s security detail, has been hired by an investment firm after being a part of the Secret Service for more than two decades. The news was first reported by Bloomberg, which cited people close to the situation who are familiar with the matter. It is unclear what firm has plucked Cho away from the White House. Cho was the first Korean American to become a special agent-in-charge of the Secret Service’s Presidential Pr…
Trump Impeachment Attorney Running For NY AG Trump Impeachment Attorney Running For NY AG
Trump Impeachment Attorney Running For NY AG The trial attorney who served as the majority counsel during former President Donald Trump’s impeachment trials announced that he is running to become “The People’s Lawyer of New York.” Dan Goldman, a Democrat who was the lead prosecutor in the first impeachment probe and as a staff counsel in the second, announced that he is running to replace New York Attorney General Letitia James, who previously announced a gubernatorial run. Related story - 'I'm Running For Governor': NY AG Letitia James Makes It Official The 45-year-old Goldman took to social media to announce his "people-powered ca…
New Details Emerge As Man Accused Of Dumping Escort's Body Is Moved To Bergen County Jail New Details Emerge As Man Accused Of Dumping Escort's Body Is Moved To Bergen County Jail
New Details Emerge As Man Accused Of Dumping Escort's Body Is Moved To Bergen County Jail UPDATE: A man now jailed in Bergen County was seen entering a Manhattan building with a New York City escort a full week before her remains were found dumped on a quiet local street, court papers show. Auriello Parker was waiting for Nicole Flanagan at the deluxe Wall Street apartment after texting her on Aug. 6, Bergen County homicide detectives wrote in an arrest warrant. Flanagan, a 42-year-old Connecticut native living in Queens, arrived at 1:45 a.m., got into an elevator with Parker and headed upstairs to a 22nd-floor apartment, it says. No proof has yet been shown that anyone beside…
Dina Golas Of Glen Ridge Dies, 53 Dina Golas Of Glen Ridge Dies, 53
Dina Golas Of Glen Ridge Dies, 53 Dina Marie Golas of Glen Ridge died peacefully at home on Nov. 18, 2020. She was 53 years old. A West Hartford, CT native, Golas graduated from Hall High School, and was chosen by her classmates to deliver the commencement address, her obituary with O'Boyle Funeral Home says. She went on to earn degrees from Union College (BS) and UConn (MBA). She spent most of her career working on Wall Street, as the managing director of institutional equity sales for RW Baird. Golas went on to raise two sons, and had worked as a certified domestic violence counselor for the Montclair Police Departm…
Master The Stock Market With This Under-$30 Investment Training Master The Stock Market With This Under-$30 Investment Training
Master The Stock Market With This Under-$30 Investment Training It’s a common and unfortunate myth that you need to have a fancy and expensive degree in finance in order to make money in the stock market. In fact, some of the world’s most successful investors are self-taught, and there are plenty of ways to see profits regardless of the amount you’re willing to invest. The Wall Street Survival & Stock Trading Guide Bundle will teach you everything you need to know in order to take advantage of all the stock market has to offer, and it’s available today for 98% off at just $29.99. Whether you’re a first-time investor looking to get your feet wet or a…
Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme
Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme A former Wall Street trader has been sentenced to over five years in prison after admitting to defrauding investors in a $19 million Ponzi scheme. Long Island resident Paul A. Rinfret, 71, of Manhasset, had pleaded guilty to one count of wire fraud and one count of securities fraud last fall. This week, Rinfret was sentenced to 63 months in prison. According to Acting United States Attorney for the Southern District Audrey Strauss, Rinfret alleged that he touted “extremely high returns in his trading,” when in reality he simply stole the investors’ money to fund a lavish lifestyle. I…
'Best Of The Best': Weehawken BOE President, Finance Director Dies Of Coronavirus 'Best Of The Best': Weehawken BOE President, Finance Director Dies Of Coronavirus
'Best Of The Best': Weehawken BOE President, Finance Director Dies Of Coronavirus Lifelong Weehawken resident Richard Barsa, Sr. died Saturday of COVID-19 complications, officials said. Barsa served on the school board for 30 years and was the township's finance director, Mayor Richard F. Turner said. The virus had killed more than 840 New Jersey residents as of Saturda. Barsa graduated from NJCU with his degree in accounting and business administration before the launch of a successful career on Wall Street, the mayor said. Once retired, Barsa ran for the Weehawken BOE -- serving as president for the last 25 years. Condolences from community members poured in, remem…
NJ Dad In College Sex Cult Scandal Was Snitch Who Helped Feds Bust Ex-NYPD Commish Bernie Kerik NJ Dad In College Sex Cult Scandal Was Snitch Who Helped Feds Bust Ex-NYPD Commish Bernie Kerik
NJ Dad In College Sex Cult Scandal Was Snitch Who Helped Feds Bust Ex-nypd Commish Bernie Kerik A former disgraced Wall Street securities trader from Middlesex County who's accused of running a sex cult using his daughter’s college classmates already had a notorious history in both New York and New Jersey. Before he was nabbed in a $41 million pump-and-dump stock fraud two decades ago, Lawrence Ray had reportedly developed mob ties. Ray, now 60, also became good friends with former NYPD Police Commissioner Bernard Kerik of Franklin Lakes. He also claimed to have worked for a U.S. intelligence agency in Kosovo and in 1997 brokered a City Hall meeting with Mayor Rudolph Giuliani and So…
Piscataway Dad Accused Of Masterminding Sex Cult In College Dorm Piscataway Dad Accused Of Masterminding Sex Cult In College Dorm
Piscataway Dad Accused Of Masterminding Sex Cult In College Dorm A Piscataway man who moved into his daughter’s dorm has been charged with sex trafficking and extortion The 60-year-old is accused of subjecting his daughter's classmates at Sarah Lawrence College “to sexual and psychological manipulation and physical abuse,” according to an indictment unsealed by the U.S. Attorney’s Office of the Southern District of New York.  Lawrence Ray, also known as Lawrence Grecco, was charged with extortion, sex trafficking, forced labor, conspiracy and trafficking, two counts of use of interstate commerce to promote unlawful activity and money laundering…
Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says
Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says Wall Street giant Morgan Stanley will be cutting hundreds of jobs due to an “uncertain global economic outlook,” according to a new report. Morgan Stanley will be cutting approximately 1,500 jobs - roughly 2 percent of its workforce - impacting employees in technology, operations, sales trading, and research. The New York-based bank currently employees more than 60,000 people. According to CNBC, in October, Morgan Stanley posted third-quarter profit and revenue figures that beat analysts’ expectations. The company produced $10.1 billion in revenue, exceeding analysts’ estimates by appr…
A Life Well-Lived: Mahwah's Alix Morriss, 93, Was Mother, Businesswoman, Volunteer & Traveler A Life Well-Lived: Mahwah's Alix Morriss, 93, Was Mother, Businesswoman, Volunteer & Traveler
A Life Well-Lived: Mahwah's Alix Morriss, 93, Was Mother, Businesswoman, Volunteer & Traveler Alix Elizabeth deMarees Morriss, 93, died in her home in Mahwah on Dec. 7 surrounded by her children. Born in Germany in 1926 from a noble lineage, with a title of Baroness, she went on to grow up in a country at war. Alix left home as a teenage refugee to complete a fulfilling and engaging life in Bergen County. There wasn’t a challenge she didn’t face head on. Since arriving to the United States, she sought opportunities wherever they appeared: from working on Wall Street with no experience to getting a Master’s degree at Montclair State while simultaneously working as a teacher at Imma…
Rockland County Chef On 'Chopped' Was Pro Golfer & Wall Street Broker Rockland County Chef On 'Chopped' Was Pro Golfer & Wall Street Broker
Rockland County Chef On 'Chopped' Was Pro Golfer & Wall Street Broker Pressure and competition have played equally important roles in Rockland County chef Gregory Stott's life. The former pro golfer-turned-Wall Street stock broker combined both elements over the summer as a contestant on Food Network's cooking show "Chopped." The episode titled "Weird, Wacky, and Wild!" on Wikipedia will air on Sept. 17. Stott -- the executive head chef of The Old '76 House in Tappan -- couldn't say much about the show other than it being unforgettable. "It was an amazing experience," Stott said. "It wasn't what I expected." Stott is the executive chef at The Old '76 …