Congressional stock trading is corrupt
It is corrupt that a representative or senator can use insider knowledge to make money on the stock market. It is corrupt that he or she may regularly buy or sell stocks in companies that will be directly affected by regulations, subsidies, taxes, and loopholes being created on Capitol Hill. The corruption is legal because […]
Is Upstart Stock a Buy? – Yahoo Finance
Upstart Holdings (Nasdaq: UPST)Upstart, an artificial intelligence (AI)-powered lending platform, was a market darling in 2021 when interest rates were low. But then interest rates spiked to combat inflation, and Upstart’s business and stock price took a beating. The company’s shares are still more than 90% below their previous peak, a deep hole from which […]
The Stock Market’s Other 493 Stocks Are Ready to Leave Big Tech Behind – Barron's
With the S&P 500 on track to reach record highs even though very few of the companies in the index are reporting steady profit growth, its reliance on a few star stocks may finally be changing. “Given the high correlation between tech outperformance and earnings, we expect a narrowing growth gap will act as a […]
GameStop Stock Rising Again Even With Roaring Kitty MIA – Decrypt
We do the research and you get the alpha! Get exclusive reports and access key insights on airdrops, NFTs, and more. Subscribe to Alpha Reports today and step up your game. To Alpha Report GameStop’s stock has seen an impressive rally, rising about 8% over the past week to a current price of about $26.00, […]
These are top global stock picks for the second half, according to UBS – CNBC
According to UBS, the outlook for equities is more favorable with inflation slowing and the Federal Reserve considering cutting interest rates by the end of the year. However, the risks and rewards from a continued market rally are limited, as “considerable” optimism is already priced in, according to the Swiss bank’s chief investment officer. Against […]
Stock futures dip slightly as traders brace for key consumer inflation report: Live updates – CNBC
13 minutes ago European stocks open higher See the chart… Stoxx 600 Index. 8 hours ago Federal Reserve Fines Citigroup $60.6 Million The Federal Reserve on Wednesday fined Citigroup $60.6 million for violating a 2020 enforcement action. press release. “Citigroup failed to adequately remediate its data quality control issues and failed to implement compensation controls […]
Congressional stock ban
Business and Economics Full text The era of zero interest rates may be over: Powell Federal Reserve Chairman Jerome Powell said on Wednesday that the era of ultra-low interest rates that lasted from the 2008 financial crisis through the pandemic is likely over, and that the neutral interest rate for achieving 2% annual inflation […]
Bipartisan bill would ban members of Congress from trading stock
A bipartisan group of senators reached an agreement on new legislation Wednesday that would ban lawmakers from trading in stocks. Sen. Josh Hawley, R-Missouri, along with Sens. Gary Peters of Michigan, Jeff Merkley of Oregon and Jon Ossoff of Georgia, D-Calif., pushed the new bill after a series of failed attempts to block lawmakers from […]
Following Blaze Originals documentary, senators from both parties reach deal to ban congressional stock trading
U.S. senators from both parties announced on Wednesday that they have drafted a bill to ban stock trading in Congress. This is such an important issue that Blaze Media Blaze Originals Documentary Earlier this year, I wrote an article about the subject, “Bought and Paid: How Politicians Get So Rich,” in an effort to pressure […]
Stock futures are little changed after S&P 500 notches another record close: Live updates – CNBC
8 hours ago Income-seeking investors snapped up $1.6 billion of these ETFs in June, according to State Street. Investors went into risk-on mode in the bond market in June, pumping more than $1.6 billion into exchange-traded funds that hold bank loans and collateralized loan obligations, according to State Street research. These funds have seen inflows […]