The UK unemployment rate fell from 5.2% to 4.9%, driven more by increased economic inactivity, particularly as fewer students sought work.
This is a tough environment. It reminds me of the motto: Stay calm, stay positive, never give up. Conditions are not always perfect. There's noise, but you stay the course-you don't lose sight of what's important.
Brooklyn clocked 324 investment-sales deals totaling roughly $2.2 billion in the first quarter, propelled more by a steady stream of midsize multifamily and mixed-use trades than by any single blockbuster trophy closing.
The most senior officials from the US Federal Reserve, the European Central Bank, and the Bank of England are expected to take part in a desktop stress test to respond to another Lehman Brothers-style collapse.
From the 1800s through the 20th century, women have continually broken barriers in finance. On a recent episode of Inside the ICE House, Trailblazing Women Who Transformed Finance and Created a New Wall Street, author and Untapped New York Founder Michelle Young discusses the female firsts that helped transform the culture, practices, and leadership of global finance.
Wall Street bonuses were expected to be big after a surge in activity last year - but how big? As the biggest banks have started to announce year-end bonuses, the requisite celebrations and grumblings are trickling out. Early investment banking compensation data from recruiting firm Prospect Rock Partners indicates that bonuses are up a modest 1 to 2% overall compared to last year, and that VPs may be emerging as the primary winners.