A powerful place in our financial history

Wall Street represents the heart of the US business industry.

Wall Street is the name of a street that runs for about eight blocks in the southern part of Manhattan, a borough of New York City. Wall Street is also much more than that. What is Wall Street? The street and the area immediately around it are known as the Financial District. The New York Stock Exchange (NYSE) is located on Wall Street, and the Federal Reserve Bank of New York is located in the Financial District. The term “Wall Street,” as it is commonly used today, does not refer to a physical location but to big business in the US as a whole. Citibank, Morgan Stanley, JP Morgan Chase, and Goldman Sachs are some of the largest Wall Street businesses. How the industry works The NYSE is a place…

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The Week Junior US (Digital) - 1 Issue, Issue 238

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