- published: 20 Jun 2017
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Even interns on Wall Street are making more than the average full-time young professional. » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Connect with CNBC Make It. Online Get the latest updates: http://www.cnbc.com/make-it Find CNBC Make It. on Facebook: http://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. on Twitter: http://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. on Instagram: http://bit.ly/InstagramCNBCMakeIt Wall Street Interns Make More Than Most Young Full-Time Workers | CNBC Make It.
The first episode of Season 3 (the lost season!) of Wall Street Warriors – a 10-part Docu-Reality Series that was shot on Wall Street during the meltdown that lead to The Great Recession. Episode 1 starts with rumors of an impending crisis... by episode 10 there are near riots outside the New York Stock Exchange. "Enter the Bears" The 3rd season opener gives a behind-the-scenes look at the New York and Chicago financial districts just as the credit crunch begins to unfold. Fearing a deep recession, sibling stock brokers, Phil & Ken, argue over how best to protect their client's money. Doug, a floor trader on Chicago's famous outcry pits, shows what it takes to be a survivor in the cut-throat environment. Meanwhile, Kristi, CEO of a new online trading firm, Think or Swim, stresses ou...
A company in Tokyo is using the "Rocky" theme song to inspire Japanese workers to leave the office. It's one way Japan is trying to shed a rigid work culture and boost productivity. Photo: Shiho Fukada for The Wall Street Journal Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: http://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJvideo On Snapchat Discover: http://on.wsj.com/2ratjSM
Japan’s Hitachi has developed a double-arm robot that could replace some warehouse workers. Photo: Getty Images Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/
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Immigration from Mexico was a hot-button issue on the presidential campaign trail. But some business owners, like Joe Hargrave, are struggling to hire enough staff because of a shortage of workers from Mexico. Video/Photo: Jake Nicol/The Wall Street Journal Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/
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The struggles of temporary workers have gotten the attention of Prime Minister Shinzo Abe, who says reforming the way Japan works will be his government's biggest challenge in the next three years. Photo: Mitsuru Obe/The Wall Street Journal Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/
Oct. 6 (Bloomberg) -- More than a third of Wall Street finance professionals surveyed expect their bonuses to increase for 2009, a year after the credit-market collapse that some regulators say was fueled by outsized pay packages, eFinancialCareers.com found. About 36 percent of the 1,074 people who responded to the e-mailed poll said they are anticipating a bigger annual payout from their companies and 11 percent said it will jump by at least half, the job-search Web site said in a statement. Bloomberg's Gigi Stone reports. (Source: Bloomberg)
democracynow.org - The latest off-shoot of the Occupy Wall Street movement — Occupy the SEC — has submitted a 325-page comment to the Securities and Exchange Commission that calls on regulators to resist the financial industry's lobbying efforts to water down the Volcker Rule, a section in the Dodd--Frank Wall Street Reform and Consumer Protection Act, that aims to prevent large banks from making certain kinds of risky, speculative investments. The group is made up of former Wall Street professionals who once worked at many of the largest financial firms in the industry. We're joined by Alexis Goldstein, who worked as a computer programmer for seven years at Morgan Stanley, Merrill Lynch and Deutsche Bank. She left Wall Street in 2010 and joined the Occupy Wall Street soon after the encamp...
a survey of financial professionals in the United States and the United Kingdom finds that years after a worldwide financial crisis battered the industry, bankers continue to engage in much of the same unethical conduct that helped trigger the meltdown. In the wake of the collapse, Congress passed the Dodd Frank Act in 2010, a bundle of sweeping financial reforms billed as the biggest overhaul of banking rules since the Great Depression. Firms committed to rein in the industry's Wild West culture, and regulatory agencies vowed to double down on fraud. But the latest survey, conducted by Notre Dame and Labaton Sucharow, a New York law firm known for protecting financial whistleblowers, indicates that the financial sector may be increasingly reverting to old habits. Nearly a quarter of the 1...
It has been reported that a high end prostitution ring in Brooklyn, New York catering to Wall Street has been busted after police have been attempting to shut down the business for the past 2 years. Some of the clientele paid up to 36 hundred dollars an hour, and police are now giving details that a few people even shelled out 10 thousand dollars for a whole night's worth of "entertainment".
Chomsky on the worldwide Occupy events.
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PROVIDED BY HTTP://CNNNEXT.COM Hundreds of Los Angeles city workers are protesting outside the offices of Wall Street banks. The protest comes in response to a report that shows Los Angeles spends more than 200 million dollars each year in bank fees. Workers say this means Los Angeles city officials spend more on fees to the banks on Wall Street than on the communities that desperately need public services. The fees are the result of a deal city officials made before the economy crashed. Since then, the city has been paying millions in what workers call "predatory fees." The workers are targeting the Bank of New York Mellon, which was part of the deal the city made several years ago. Workers say they're angry that city officials have allowed the deal to continue, while workers are facing ...