Republican FCC Commissioner Won't Stand in Way of Musk Twitter Buy
"The FCC has no authority to block Elon Musk's purchase of Twitter, and to suggest otherwise is absurd," said FCC Commissioner Brendan Carr.
Robinhood Layoffs Sees 1 in 10 Employees Fired as Stock Price Collapses
The company is letting go 9 percent of its workforce "to continue delivering on our strategic goals and furthering our mission to democratize finance."
Tesla Devalued by $126B Following News of Elon Musk Twitter Purchase
Elon Musk has struck a deal to buy Twitter, but sealing the deal could be complicated for the world's richest man.
After 'Period of Hyper Growth,' Robinhood App Is Laying Off 9% of Workforce
Robinhood CEO Vlad Tenev said that laying off around 340 employees would help the company be "responsive to the changing needs of our customers."
Kremlin Sanctions List Includes 4 US Lawmakers Linked to Russian Companies
Members of Congress were not doing anything illegal by investing in public companies, and others had even sold their assets.
Putin Made Russia 'Toxic Waste' for Investors With Ukraine Invasion: Expert
Timothy Ash of BlueBay Asset Management said that Russia's stock exchange's partial reopening is "really only window dressing."
Polestar Adds Experience to Board As NASDAQ Debut Looms
SPAC Gores Guggenheim is shepherding the company through the process, saying it is committed to the carmaker's future.
BuzzFeed Employees Sue Media Outlet for $8.7M Over Initial Public Offering
The company's stock fell drastically and employees claim they were not able to sell their shares until the price had dropped nearly 60 percent.
Russian Stock Market Suspended From World Federation of Exchanges
The WFE said Russia was suspended, not expelled, from the industry, and that decision will be reviewed in line with the WFE's governance.
Russia Economist Drinks to Country's Stock Market Collapse on Live TV
"I'm opening my sparkling water here to toast to the death of Russia's stock market," said Alexander Butmanov.
U.S. Stock Market Up Overall in 5 Trading Days Since Ukraine Invasion Began
The Dow Jones Industrial Average has risen about 3.2 percent along with increases of 5.5 percent for the S&P 500 and just over 9.2 percent for the Nasdaq Composite Index.
Inflation Pushes Some Child Care Costs to Exceed Regional Housing
In the Midwest, Northeast and the South, the annual price of center-based child care for an infant is more than the cost of housing.
Pelosi's Trading Ban Could Force Husband to Sell at Least $10M in Stocks
The push for lawmakers to divest from the market would affect their spouses who have invested in the stick market.
Nancy Pelosi Makes Huge Flip-Flop Over Stock Trading Ban
The House Speaker said she would now accept a ban on Congress trading stocks, after having previously defended the practice.
'#DeleteFacebook': Meta Users Drop Rapidly as Company Stock Takes Big Dive
Facebook's parent company, Meta, saw its stock drop over 26 percent when the closing bell rang on Wall Street on Thursday.
Billionaire Loses Half of Their Wealth After Stock Price Suddenly Collapses
Shares in a leading e-cigarette flavor maker dropped more than 67 percent after news broke that its chairwoman was being investigated by Chinese authorities.
Trump Says Pelosi Shouldn't Trade Stocks, as Biden Leaves It up to Congress
Pelosi defended congressional stock trading, stating that the U.S. is a "a free-market economy" and that lawmakers "should be able to participate in that."
Find Out If the Stock Market Is Open on Martin Luther King Jr. Day 2022
MLK Day will witness much of the U.S. shut down, but will the stock market remain open for business as usual on Monday, January 17?
Stock Market Dips May Be on Horizon as Feds Look to Curb Inflation
"You can think about it as if they're flying a plane and now, they want to land the plane but don't want it to be a sort of a bumpy ride," one economist said.
Apple Surpasses Historic $3 Trillion Market Cap, Finishes Day Just Under
The tech giant briefly traded above a $3 trillion market cap Monday before ending the day just under the historic benchmark at $182.01 per share, up 4 percent.
How Biden's 2021 Stock Market Performance Compares to Trump's First Year
The U.S. economy has grown faster this year than in any previous president's first year since Jimmy Carter, back in 1977.
Is the Stock Market Open on New Year's Day?
Many businesses close their doors on January 1, but will the stock market also enjoy a holiday on News Year's Day 2022?
More Republican Senators Trade in the Stock Market Than Democrats
Newsweek analyzed the periodic transaction reports of all senators and formed a list of Republican and Democrat lawmakers who have traded over the past year.
Loophole Allowing for Insider Trading in the Crosshairs After SEC Proposal
Under the new proposal, executives will have to disclose their predetermined trading plans and any modifications made to them.
Donald Trump's New Media Company Now Under SEC Scrutiny Over Stock Trading
Trump met with DWAC Executive Patrick Orlando before the company started raising funds for their merger, which could be in violation of SEC rules.
Evergrande Says It Could Run Out of Money, Prompting Government Meetings
Evergrande's creditors expect to see a $260 million payment, but the company faces challenges coming up with the funds.
Cost of Living in the Midst of the Great Depression Baffles the Internet
A price breakdown for 1938 reveals that a new house cost $3,900, while rent was $27 a month.
Twitter Stock Soars Before Being Halted Amid Reports of CEO Stepping Down
Jack Dorsey announced his resignation on Monday, saying Twitter is "ready to move on from its founders."
New COVID Variant Causes Dramatic Spike in Wall Street's 'Fear Index'
"Investors are likely to shoot first and ask questions later until more is known," said Jeffrey Halley of Oanda.
Find Out Whether The Stock Market is Open on Thanksgiving Day 2021
Thanksgiving 2021 will see much of the country shut down, but will the stock market remain open for business on November 25?