Yemi Falana

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GOLDMAN: Here are the 8 most overpriced stocks on the market

For some stocks, the firm sees a whole lot of downside.<p>In a new chartbook for the first quarter, Goldman Sachs' David Kostin and his team have compiled a list of stocks that are priced much too high compared to the firm's analysts' price targets.<p>The companies whose valuations are too rich include …

Markets

Morgan Stanley's Bloodcurdling Economic Forecast: Global GDP To Shrink By 5% Next Year

This is of course the time when everyone rolls out their forecasts (aka “guesses”) for the year ahead. And there’s a fairly bloodcurdling one from Morgan Stanley, that global GDP growth is going to go into reverse next year: the world at the end of 2016 will be 5% poorer than it was at the …

Wall Street is searching for a bottom in the oil price ― and getting ready to pile in

And it may get worse.<p>Some of Wall Street's top names are trying to figure out how low the oil price could go.<p>Speaking on CNBC's "Fast Money Halftime Report" on Friday , billionaire investor Carl Icahn said that the oil price could fall further because it started to pick up again.<p>"I don't think …

Crude Oil Prices

This is how much you can hope to earn on Wall Street based on your degree

Wall Street professionals come from a variety of college degrees and majors , but there is one degree that's more lucrative than any other.<p>Executive MBA and MBA holders earn the most money of all finance professionals, according to Emolument , a salary-benchmarking website that collects …

Morgan Stanley in $225 million deal with U.S. regulator over mortgage bonds

NEW YORK (Reuters) - Morgan Stanley has agreed to pay $225 million to settle claims that it sold toxic mortgage-backed securities to credit unions that later failed, the National Credit Union Administration said on Thursday.<p>The corporate logo of financial firm Morgan Stanley is pictured on the …

Morgan Stanley

Inequality is bad for everyone – even the rich – and here's the Morgan Stanley report to prove it

And yes, even the rich ought to worry about the way they are taking an ever-increasing share of society's wealth and income, according to a weighty new analysis of inequality in the richest, developed economies from Morgan Stanley.<p>It's not all gloom, according to Morgan Stanley senior economist …

Income Inequality