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Mmastodon BusinessMarkets first seen 1 d ago, last 1 d ago, peak #1

Wall Street Bonuses Rise as U.S. Trade Deficit Widens

Original: Wall Street Bonus Bonanza; Plus, U.S. Trade Deficit Widens https://www.wsj.com/cfo-journal/wall-street-bonus-bonanza-plu

The Wall Street Journal reports that Wall Street firms are preparing a round of generous bonuses for finance staff, while the U.S. trade deficit has widened further. The juxtaposition of a strong bonus season for bankers against a growing trade gap is drawing attention among finance and economics watchers as a sign of the split picture in the American economy.

Why now: Fresh reporting on banker pay and a widening trade deficit touches on hot topics of economic inequality and U.S. trade policy.

Wall StreetU.S. trade deficitWall Street Journal

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