Wall Street is cooling on stocks — but it still likes the 'Magnificent 7'
While many strategists have been lowering their S&P 500 year-end targets, they don't think a sell-off in large-cap tech ...
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Average Wall Street bonus is more than most people's salary: See the numbers
Bonuses on Wall Street surged to record highs last year, nearly quadrupling the average annual salary in the U.S.
The average Wall Street bonus is now 4 times a U.S. worker’s salary
The average payout in 2024 amounted to $244,700, thanks to a record bonus pool for workers in New York’s financial district.
Wall Street bonuses hit record $47.5B in 2024 — with each banker earning average $245K payout
That is up 34% from last year’s bonus pool of $35.4 billion and the highest number since records began in 1987.
Wall Street Bonuses Powered New York’s Economy in 2024. Some Worry They Peaked.
The average annual payout jumped 31% to $244,700.