Jeffries gives jolt to stalled congressional stock ban push

House minority leader Hakeem Jeffries (DN.Y.) has significantly improved his efforts to ban Congressional members from trading individual stocks. This is an idea that has broad support from the bipartisan supporters of Congress and the public. Deliberate and public promotion from Jeffries – he comes to criticize Republicans as a potential “stock manipulation” before his […]

Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit

Goldman Sachs has caused stock market disruption from President Donald Trump’s looming tariffs in its record-breaking haul in the first three months, but CEO David Solomon warned of “material risks” to the economy if there is a world trade war. The Wall Street giant on Monday was the latest major bank to announce strong revenues, […]

Jamie Dimon sells $31.5M worth of JPMorgan shares in latest round of stock sales

JPMorgan Chase CEO Jamie Dimon sold about $31.5 million worth of shares in the bank, according to regulatory filings. Also, since taking over the top role in 2005, Dimon has offloaded several shares with his first such sales last year. Last week, US largest lender JPMorgan outperformed record-breaking first quarter earnings estimates for stock trading […]

Why MP Materials Stock Is Skyrocketing Today – The Motley Fool

The trade war between the US and China is intensifying, with investors engulfing rare earth mineral stocks MP Materials (MP) 21.65%))the only rare earth mine and processing facility in the United States. As of 11:25am ET, MP Materials stocks have skyrocketed 22.7%, S&P 500 (^gspc 0.58%)) It jumped to 1.1%. The only opportunity to buy […]

CEO reacts to stock plunge during earnings call amid tariff announcement

RH CEO Gary Friedman responded to the company's inventory after the president announced tariffs and quarterly revenues fell. (Credit: Repair Hardware) The CEO of the furniture company was in the middle of his company's quarterly revenue call on President's Wednesday Donald Trump's The tariff plans were revealed and the executives were caught off guard as […]