Market Beats | Morgan Stanley Fined $1M Over Employee Conduct; U.S. GDP Beats Expectations; Chipotle to Hire 15,000 Workers; IBM Lays Off 4,000 with $300M in Severance; Blackstone Misses $1 Trillion AUM Target

—— Morgan Stanley Staff Fined Millions; U.S. GDP Growth a Mixed Bag; Chipotle to Hire 15,000; IBM Lays Off 3,900 With $300M Payout; Blackstone Misses $1 Trillion AUM Goal; Vanguard Net Inflows Halved; Amazon to Sell Bay Area Offices 1. Morgan Stanley Staff Fined Millions According to sources, several Morgan Stanley employees were fined up …

Market Beats | U.S. Housing Market Shows Positive Signs in December; Asia’s Richest Tycoon Faces Short Seller Attack; Tishman Speyer Prioritizes People of Color in LA Project; Azure Demand Slows, Dragging Down Microsoft Shares; European E-Commerce Giant Cuts Workforce by 30%

—— U.S. Housing Market Shows Recovery in December; Asia’s Richest Man’s Group Shorted; Tishman LA Project Supports Minority Investors; Harbor Launches $1.6B Real Estate Debt Fund; Azure Weakness Sinks Microsoft; European E-Commerce Giant Cuts 30%; Apollo Eyes Millicom Acquisition 1. U.S. Housing Market Shows Recovery in December According to newly released data from real estate …

Market Beats | Chinese Developer Bonds Rebound Sharply; China Household Savings Hit Record High; Eli Lilly Weight-Loss Drug a Bestseller; NYSE Sees Mysterious Plunge in Multiple Stocks; Three-Michelin-Star Restaurant Moves into Former Sony HQ

—— China Property Bonds Rebound Sharply; UK Outlook Drags Down Pound; Chinese Households Set Savings Record; Lazard Launches Venture Advisory Arm; Eli Lilly’s Weight-Loss Drug in High Demand; NYSE Sees Mysterious Selloff; Michelin Chef Moves Into Former Sony HQ 1. China Property Bonds Rebound Sharply Over the past two months, the prices of bonds issued …

Market Beats | Citadel Investors Pocket $16B in Returns; Spotify Lays Off 6% of Workforce; NYC Industrial Market Booms in Q4; Meridian Brokers Deal for New Flushing Development

—— Citadel Investors Take Home $16 Billion; Spotify Lays Off 6% of Staff; JPMorgan Model Optimistic About Economy; Remote Work Saves Employees Over an Hour; NYC Industrial Space Booms in Q4; Qatar Sovereign Fund Increases Stake in Credit Suisse; Meridian Brokers New Flushing Building Deal 1. Citadel Investors Take Home $16 Billion Last year, Ken …

Market Beats | Google Parent Lays Off 12,000 Employees; Real Estate Sector Faces $100B Debt Crisis; U.S. Dollar Sinks to Lowest Since July; Netflix Co-Founder Steps Down as CEO; U.S. Existing Home Sales Poised for Recovery

—— Google Parent Cuts 12,000 Jobs; Real Estate Sector Faces $100 Billion Debt Crisis; Dollar Falls Sharply to July Low; Hong Kong Hedge Fund Buys Into Restaurant Group; Netflix Founder Steps Down as CEO; U.S. Existing Home Sales May Recover; Deutsche Bank Raises Trader Bonuses 1. Google Parent Cuts 12,000 Jobs Today, Alphabet CEO Sundar …

Market Beats | Usain Bolt’s Millions Go Missing; Hochul Plans 800,000 New Housing Units for NYC; Florida Villas Yield Up to 86% Returns; JPMorgan Pours Billions into Private Credit; KKR Real Estate Fund Sets Redemption Limits

—— Hochul Plans 800,000 New Homes in New York; Bolt’s $12 Million Savings Vanish; U.S. Jobless Claims Drop; Florida Villas Yield 86% Returns; JPMorgan Enters Private Credit With $10 Billion; Dr. Martens Shares Plunge 25%; KKR Fund Limits Withdrawals 1. Hochul Plans 800,000 New Homes in New York On January 10, New York State Governor …

Market Beats | U.S. Mortgage Applications Jump 28%; Bank of America Halts Hiring; Amazon Cuts 18,000 Jobs; Microsoft Lays Off 10,000 with $1.2B in Severance; Crypto Firm Genesis Files for Bankruptcy

—— U.S. Mortgage Applications Jump 28%; JPMorgan Slashes Investment Bank Bonuses; Bank of America Freezes Hiring; Amazon Cuts 18,000 Jobs Today; Microsoft Lays Off 10,000 with $1.2B Charge; Crypto Firm Genesis Files for Bankruptcy; Brookfield Real Estate Fund Drops for Second Month 1. U.S. Mortgage Applications Jump 28% According to data released today by the …

Market Beats | NYC Property Values Rise 6.1%; China Sees First Population Decline in 60 Years; Citi Calls Low-Performing Staff Back for Training; $20B Pulled from U.S. Real Estate Funds; Microsoft Begins Engineering Layoffs This Week

—— NYC Property Values Rise 6.1%; China’s Population Declines for First Time in 60 Years; Citi Summons Inefficient Staff for Training; $20 Billion Pulled From U.S. Real Estate Funds; Microsoft Begins Engineering Layoffs This Week; Roblox Surges 15% on Strong Performance; Moderna RSV Vaccine Shows Promising Results 1. NYC Property Values Rise 6.1% According to …

Market Beats | University of California Investment in Blackstone Sparks Union Backlash; Pfizer COVID Vaccine Linked to Potential Stroke Risk; Tesla Launches Major EV Discounts; Macy’s Apparel Brand Stock Soars 232%; U.S. Markets Extend Winning Streak to Six Days

—— University of California’s Blackstone Deal Angers Unions; BofA Net Interest Income Misses Forecast; Pfizer COVID Shot May Raise Stroke Risk; Tesla Launches Major EV Price Cuts; Messi Apparel Stock Soars 232%; U.S. Stocks Up 6 Days Straight; Williamsburg Hotel Sells for $96M 1. University of California’s Blackstone Deal Angers Unions Today, the union representing …

Market Beats | Retail Trader Loses $800K on Tesla Bets; Morgan Stanley Employee Steals JPMorgan Client Data; Sandwich Chain Subway Considers Sale; U.S. Inflation Eases Again in December

—— Morgan Stanley Staff Poaches JPMorgan Clients; Subway Considers $10 Billion Sale; U.S. Inflation Cools in December; Retail Investor Loses $800K on Tesla; Foster Farm Chickens Starve; U.S. Budget Deficit Rises 12%; U.S. 30-Year Mortgage Rates Drop Significantly 1. Morgan Stanley Staff Poaches JPMorgan Clients This week, JPMorgan Securities LLC filed a complaint in federal …