Bonuses Rain on Wall Street Bankers in Biggest Payout in Decade

(Bloomberg) -- Ten million dollars, $15 million, $25 million, more: Big money is back on Wall Street. Not since the late 2000s, when lavish bonuses rained down before and after federal bailouts, have pay packages at U.S. investment banks swelled as much as they have right now. Goldman Sachs Group Inc. just finished spending an average …

‘Small businesses destroyed’ while mega-corporations flourish during COVID lockdowns

While bureaucrats gave Walmart, Costco, Lowe’s, and other big-box stores “essential” status, allowing them to stay open during the COVID pandemic, 38.9% of small businesses are the providers of most of the country’s jobs, were forced to close based on fear, hackneyed social-distancing rules, early ignorance about transmission, and an insatiable desire by governors to micromanage the …

World’s 10 richest men DOUBLED wealth during COVID

Forbes listed the world's 10 richest men as: Tesla and SpaceX chief Elon Musk, Amazon's Jeff Bezos, Google founders Larry Page and Sergey Brin, Facebook's Mark Zuckerberg, former Microsoft CEOs Bill Gates and Steve Ballmer, former Oracle CEO Larry Ellison, US investor Warren Buffet and the head of the French luxury group LVMH, Bernard Arnault. …

JPMorgan Chase sees the best economic growth in decades

Jamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to have the best growth we’ve ever had this year, I think since maybe sometime after the Great Depression,” Dimon told CNBC’s Bertha Coombs during the 40th Annual J.P. Morgan Healthcare Conference. “Next year will be pretty good too.” Dimon, …