Wall Street's optimism going into 2025 looks like it was right on the money. Most everyone's year-end bonuses, which will be doled out early next year, are going up. That's according to projections published Wednesday from compensation consulting firm Johnson Associates.

Wall Street was preparing to work alongside Zohran Mamdani a day after the Democratic Socialist won the New York City mayoral race, a win set to reverberate through the heart of global capitalism as financiers worry the city's competitiveness and business appeal could suffer.

Shares in Europe and Asia have retreated following a broad decline on Wall Street spurred by selling of Big Tech shares.

Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.

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As Americans have raised concerns about rising prices, a possible recession, a cooling labor market and an ongoing government shutdown in recent months, economists have warned the U.S. economy may be “K-shaped,” with spending trends becoming divided among low- and high-income consumers.

Wall Street bonuses are expected to rise for the second year for traders and investment bankers on surging deal volume and market volatility, according to financial compensation consultancy Johnson Associates.

The Wall Street Journal's editorial board trashed President Donald Trump's call to nuke the filibuster on Monday, arguing the GOP would be "dumb" to heed it.

DoorDash will spend several hundred million dollars more in 2026 than it did this year as it builds a new tech platform and rolls out delivery robots.

Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia's Public Investment Fund.