Wall Street turmoil rattles retirement savers, turning financial planners into therapists

Turmoil on Wall Street is keeping financial planners’ phones ringing as 401(k) holders watch their retirement account balances fall with the stock markets they’re tied to.

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Investors fear that market turmoil will no longer rein in Trump

Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circle
Financial Times - 2d
Intel pops 16% as chipmaker taps new CEO, Wall Street backs turnaround effort

Intel shares popped more than 16% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt to turn around its business.
CNBC - 1h
Fed Governor Michelle Bowman Is Trump’s Pick for Wall Street’s Top Cop

If confirmed, she is likely to usher in a more hands-off approach to financial regulation than her predecessor’s.
The New York Times - 22h
Drugmaker merger turns the page on a dark chapter of US history

Real-world pain lies behind a big win for several Wall Street vulture funds
Financial Times - 56m
Chipmakers are finding that good earnings aren't enough to please Wall Street

After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.
CNBC - 6d
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.

President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.
The New York Times - 5d
A Bad Day on Wall Street

Also, Rubio said Ukraine must cede territory in exchange for peace. Here’s the latest at the end of Monday.
The New York Times - 2d
Wipeouts on Wall Street

Plus, Perella Weinberg’s decade-long legal fight finally nears its end and Britain’s biggest grocers waver under private equity
Financial Times - 2d
Wall Street Journal: 'Someone should sue' Trump over tariffs

The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...
The Hill - 5d

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