Wall Street shed 3,100 workers in March, shrinking New York City's most important generator of jobs to just 169,200 people, the state's Department of Labor reported on Thursday.
Read more »Wall Street loses 3,100 jobs in March
Stock market continues to make Profits.
Wall Street closed higher for the fourth consecutive day on Friday, capping its best week since November, and one that gave investors a break from a relentless streak of declines.The market shot up in one week as it might in some years, with major indicators chalking up gains of about 10 percent.Friday’s gains were modest compared with the rallies on Tuesday and Thursday, but investors welcomed the market’s ability to hold its ground. Several recent rallies have ended with disappointing sell-offs.
Read more »Wall Street Finishes Best Week of 2009
Wall Street rallied at the end of a choppy session Friday as investors pushed the stock market's gains to four days in a row - its best stretch since late November.
Wall Street Salaries seen Rising as Bonuses Fall
With bonuses under siege, annual base salaries for Wall Street's bankers, traders and other employees could jump as much as 100 percent this year, compensation consultant Alan Johnson says.

Annette Nazareth leaves the Deputy Treasury Secretary post
Former U.S. Securities and Exchange Commission member Annette Nazareth has taken herself out of the running to be deputy Treasury secretary, according to people familiar with the matter.Nazareth, who hadn’t been nominated, was warned that her SEC work would be assailed at Senate confirmation hearings, the people said.
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