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Cowen says McDonald's will upgrade 2,500 restaurants to its "Experience of the Future" technology by year-end, which includes digital ordering kiosks. The firm raises its rating on McDonald's to outperform from market perform and price target for the shares to $180 from $142. Same store sales estimate for 2018 raised to 3 percent from 2 percent. McDonald's shares hit an all-time high on Tuesday as Wall Street expects sales to increase from new digital ordering kiosks that will replace cashiers in 2,500 restaurants. Cowen raised its rating on McDonald's shares to outperform from market perform because of the technology upgrades,...

Gee whiz, artists are so sensitive! City sculptor Alex Gardega — seething over the “Fearless Girl” statue being placed across from Wall Street’s “Charging Bull” — has decided to retaliate with a work of his own. Gardega created a statue of a small dog, titled “Pissing Pug,” and his sloppily crafted pooch takes direct aim at “Fearless Girl” — or, at least, at her left leg. “This is corporate nonsense,” Gardega told The Post of “Fearless Girl,” saying it was put opposite artist Arturo Di Modica’s famed bull as a publicity stunt by a Boston-based financial firm.

[txt on image] Trump: Considering Rewrite or Elimination of Dodd-Frank President Trump entertained the idea of breaking up big banks Monday, sending major Wall Street stocks lower. Trump suggested that he is considering reinstating some form of Glass-Steagall, the repealed law that for decades mandated a separation between commercial and investment banks. "There's some people that want to go back to the old system, right? So we're going to look at that," Trump said when asked about the policy by Bloomberg.

U.S. Sens. Elizabeth Warren and Bernie Sanders are not happy about reports that former President Barack Obama will be paid $400,000 to speak at a September health care conference put on by the Wall Street firm Cantor Fitzgerald. Warren said Thursday on SiriusXM's "Alter Family Politics" program that she is concerned about the overall influence of money in politics.

Since President Donald J. Trump took office on January 20th, almost 3,100 merger or acquisition (M&A) deals have been announced, per recently released data from Thomson Reuters. 2017 continues to be the art of the deal as there have already been 13 deals valued at over $5 billion dollars since the Trump administration took charge. Cross-border deals are also at record highs. As the mainstream media continues to decry the mounting political and economic uncertainty around the world as a result of the hard-to-predict Trump administration, the global economy centered around the vibrant U.S. market appears to be doing just...

Schulz insists the former president remains true to his progressive values, and said “taking money from Wall Street is not the same as being bought by Wall Street" Wake Up Call for all the OWS (Occupy Wall Street) activists: You can’t OCCUPY WALL STREET, because greedy grifters Barack and Michelle Obama are already squatting on it. It’s the same old story sung in the words of a song, “The rich get rich and the poor get poorer”. According to Christopher Wallace at Fox News, Obama’s $400,000 Wall Street speech leaves the liberal base “stunned”.

In an interview Thursday with Alter Family Politics on SiriusXM, Sen. Elizabeth Warren (D-Mass.) weighed in on former President Obama's upcoming speech to Wall Street firm Cantor Fitzgerald. Obama is expected to receive at least $400,000 for the speaking engagement. TOMMY ALTER: Senator Warren, what do you think about President Obama accepting $400,000 from Wall Street? SEN. ELIZABETH WARREN: Well, I was troubled by that. One of the things I talk about in the book is the influence of money. I describe it as a snake that slithers through Washington. And that it shows up in so many different ways...

President Donald Trump ordered the Treasury Department on Friday to examine two controversial powers given to financial regulators in the aftermath of the 2008 financial crisis, including a bailout authority widely favored by the biggest banks. One of the memos Trump signed Friday takes aim at the “Orderly liquidation authority” or OLA, which authorizes the federal government to take over and wind down a failing financial firm. It instructs Treasury to examine whether OLA encourages excessive risk-taking or exposes taxpayers to liability. It also orders Treasury not to use OLAA while the review is underway. OLA has been a target...

U.S. President Donald Trump will order the Treasury on Friday to find and reduce tax burdens and review post-financial crisis reforms that banks and insurance companies have said hinder their ability to do business. A White House official said on Thursday that Trump will issue an executive order directing the Treasury on the tax issues. He will also issue two memoranda asking for reviews of two parts of the 2010 Dodd-Frank Wall Street reform law - the Orderly Liquidation Authority that sets out how big banks can wind down during a crisis and the Financial Stability Oversight Council (FSOC), which...

The media were thrilled when a statue of a defiant little girl was placed opposite Arturo Di Modica’s famous “Charging Bull” on Wall Street. To the networks, it became a “symbol,” a “sensation” and female empowerment. “Symbols spoke volumes,” NBC Chief Environmental Affairs correspondent Anne Thompson said of the statue “facing down Wall Street’s famous bull,” on March 8. The networks didn’t seem to mind that “Fearless Girl” was really a clever corporate advertisement for “SHE” — an exchange traded fund offered by State Street Global Advisors. Fortune reported that until April 2, a plaque at the girl’s feet read...

A day after Mayor de Blasio criticized Wall Street’s Charging Bull statue as an ode to “unfettered capitalism,” Gov. Cuomo said “I never found it particularly offensive.” “I’ve gone past it many times,” Cuomo told reporters at the governor’s mansion, where he hosted an Easter egg roll Saturday.

With hopes of dispensing the "perfect antidote" to the stock market crash of 1987, Italian-born sculptor Arturo Di Modica spent two years welding a 7,000-pound bronze bull statue designed to capture the resilience of the American people. Under the cover of night and without a permit, he installed his massive Charging Bull directly before the New York Stock Exchange, a gift New Yorkers loved but New York City initially hated. Authorities removed it, but later reinstalled it under pressure at a small public park in the financial district. In the 18 years since, it has become an institution. Then last...

The recently placed "Fearless Girl" statue on Wall Street donned President Trump's iconic "Make America Great Again" hat last week while a large American Flag was displayed in the background, prompting many in the liberal media outlets to condemn the action. For those unaware of this statue's brief history, it was installed earlier in March as a symbol of diversity in the workplace by State Street Global Advisors, a massive international asset managing company. The girl faces Wall Street's legendary "Bull" statue, which of course represents a profitable "bull market". The Fearless Girl statue portrays a young women staring defiantly...

Recently dismissed U.S. Attorney for the Southern District of New York, Preet Bharara, is suddenly being celebrated as an aggressive warrior in the fight against Wall Street corruption. Really? You could’ve fooled me. Perhaps I was in a coma when a string of big bank executives were arrested and sent to prison. No, what actually happened is one of the most powerful attorneys in the nation came up with a mealy-mouthed, cowardly rationale for why he let these financial thieves off the hook. Crain’s reports: Bharara was nowhere to be found when it came to charging the top executives whose...

A man, believed to be a Wall Street banker, faced an angry backlash this week after he was photographed appearing to "hump" a statue of a young girl installed in the famous banking district. The incident took place the day after International Women's Day on Wednesday, not long after the statue's installation. The picture was shared on Facebook by an eyewitness who said the unidentified man stood behind the new installation and began simulating sexual intercourse with the statue. Alexis Kaloyanides, who posted the picture, described the man as the reason the world needed feminism.

Wall Street's record-setting run entered its fifth day on Wednesday, as President Donald Trump repeated his promise of tax cuts and on upbeat economic data that increased the odds of a rate hike and lifted bank stocks.

(Reuters) - The main U.S. stock indexes hit record intraday highs on Monday, led by financials and industrials, as the so-called "Trump trade" sparked back to life on renewed optimism about the economy. The three main indexes closed at record highs on Thursday and Friday rose after President Donald Trump vowed to make a major tax announcement in the next few weeks. The S&P 500 (.SPX) has surged 8.3 percent since Trump's Nov. 8 election through Friday's close, fueled by expectations he will lower corporate taxes, reduce regulations and increase infrastructure spending. While the rally had stalled amid concerns over...

What’s Barney Frank’s take on President Donald Trump’s first action to scale back the landmark financial overhaul law that bears his name? Don’t bank on it succeeding, he says. […] Any scaling back of Dodd-Frank would have a difficult time getting through Congress, because many Republican lawmakers’ constituents favor policing Wall Street, Frank told The Associated Press in an interview. He spoke Friday after Trump signed an executive order directing the Treasury secretary to review the Dodd-Frank law. Trump has called the law a “disaster,” pledging to dismantle it. …

PARIS — One of President Donald Trump’s first orders of business on his first Monday in office was to kill the Trans-Pacific Partnership deal with Asian nations that would have shipped American jobs overseas and dragged down the global value of labor to the benefit of Wall Street oligarchs. The move suggests that this administration is prioritizing the interests of the American worker over the containment of China. The TPP deal was supposed to be a twofold victory for the military-industrial complex: It would have implanted American interests in China’s backyard while increasing profits for Wall Street. One only needs...

The new feature at Bloomberg is another example of how the business world is approaching the Trump presidency and its relationship with social media.  January 21, 2017 —President Donald Trump said at an inauguration ball Friday that he thinks he'll continue tweeting "as a way of bypassing dishonest media." Wall Street is ready.  Bloomberg terminals recently launched a partnership with Twitter, enabling traders to track and trade off Mr. Trump's tweets. The new feature of the financial reporting system is just another example of how the business world is grappling with the new reality of the Trump presidency