NEW YORK – Hedge funds posted a 1.65% gain in July, driven by a stock market rally which helped reduce their losses for the year to date, data provider HFR …
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- Department of Justice Press Releases
Man Sentenced to 21 Months in Prison for Stock Fraud Schemes
by DOJ Pressby DOJ PressAssistant U. S. Attorney Aaron P. Arnzen (619) 546-8384 NEWS RELEASE SUMMARY – August 1, 2022 SAN DIEGO – Ongkaruck Sripetch was sentenced in federal court to 21 months in …
- Featured NewsTop HeadlinesUS and World News
‘We Have To Do A Thorough Investigation’: McCarthy Swipes At Pelosi Over Her Husband’s Stock Dealings
‘We Have To Do A Thorough Investigation’: McCarthy Swipes At Pelosi Over Her Husband’s Stock Dealings Gabe Kaminsky on July 29, 2022 House Minority Leader Kevin McCarthy called out Nancy …
- Financial News
U.S. House Democrats to propose ban on stock trading in August – Punchbowl News
by Reutersby Reuters(Reuters) – U.S. House Democrats plan to announce a proposal next month to ban lawmakers, their spouses and senior staff from trading stocks, Punchbowl news outlet reported on Thursday, citing …
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By Choonsik Yoo SEOUL – South Korea’s financial supervisory and prosecution agencies said on Thursday they would strengthen monitoring and punishment of illegal stock short-selling following an order by the …
- Financial News
Nascent U.S. stock rally hangs in balance as Wall St awaits megacap earnings
by Reutersby ReutersBy Lewis Krauskopf NEW YORK – Results from the four largest U.S. companies by market value highlight a busy week of corporate earnings and could help determine whether the stock …
- Featured NewsTop HeadlinesUS and World News
Nancy Pelosi Flees The Podium After Being Asked About Her Husband’s Stock Trades
Nancy Pelosi Flees The Podium After Being Asked About Her Husband’s Stock Trades Gabe Kaminsky on July 21, 2022 Nancy Pelosi fled her weekly press conference Thursday after being asked …
- Financial News
Aeromexico shareholders back Mexico stock exchange exit in bankruptcy restructuring
by Reutersby ReutersBy Kylie Madry MEXICO CITY – Aeromexico said on Tuesday that a majority of its shareholders approved a proposal to exit the main Mexican stock exchange as part of the …
- Financial News
Analysis-Meme stock investors place risky bet on bankrupt Revlon being the next Hertz
by Reutersby ReutersBy Angelique Chen and Krystal Hu (Reuters) – Even for a veteran meme stock trader like Mike Minutelli, Revlon Inc is a wild bet. The 30-year-old plumber from Oxford, North …
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(Reuters) – A year-and-a-half after a “meme stock” rally roiled Wall Street, the U.S. Securities and Exchange Commission is considering broad changes to curb the frenetic trading of stocks based …
- Financial News
Analysis: Swiss policy pivot signals exit for big stock and bond investor
by Reutersby ReutersBy Yoruk Bahceli, Saikat Chatterjee and Tommy Wilkes LONDON – From Silicon Valley shares to U.S. and European government bonds, securities that are already under heavy pressure stand to lose …
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By David Randall NEW YORK – Nail polish maker Revlon Inc continued its surge as the latest so-called meme stock riding a wave of retail investor interest as the stock …
- Financial News
Friday’s Russell rebalance may stoke more volatility in nervous stock market
by Reutersby ReutersBy Chuck Mikolajczak NEW YORK – Investors in the volatile U.S. stock market are preparing for what may be one of the heaviest trading days of the year on Friday, …
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By Medha Singh (Reuters) – An unusually large quarterly expiration of U.S. stock futures and options on Friday is likely to boost trading volumes and add to volatility, market strategists …
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EXCLUSIVE: Watchdog Demands Senate Ethics Probe Democrat’s ‘Clear Violation’ Of Stock Filing Law After DCNF Investigation
EXCLUSIVE: Watchdog Demands Senate Ethics Probe Democrat’s ‘Clear Violation’ Of Stock Filing Law After DCNF Investigation Gabe Kaminsky on June 15, 2022 A federal watchdog is urging the Senate Ethics …
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Watchdog Demands Congress Investigate Dem Member Who Flagrantly Violated Stock Disclosure Laws
Watchdog Demands Congress Investigate Dem Member Who Flagrantly Violated Stock Disclosure Laws Gabe Kaminsky on June 9, 2022 A watchdog that probes ethics and transparency in government is demanding an …
- Financial News
U.S. stock market has not priced in economic slowdown yet – Bridgewater co-CIO
by Reutersby ReutersBy Carolina Mandl NEW YORK – Bridgewater’s Karen Karniol-Tambour, co-chief investment officer for sustainability, said on Thursday that the U.S. stock market has not yet priced in an economic slowdown …
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(Reuters) – Asian equities’ valuations dropped to a more than two-year low at the end of May, as regional shares were hit by concerns over monetary tightening measures by major …
- Financial News
U.S. SEC gets ready to propose changes to stock market operations – WSJ
by Reutersby Reuters(Reuters) – The U.S. Securities and Exchange Commission (SEC) is preparing to propose big changes to the stock market that could reshape how it operates, the Wall Street Journal reported …
- Featured NewsTop HeadlinesUS and World News
EXCLUSIVE: Dem Senator’s Alleged Violation Of Stock Disclosure Rules Has Watchdogs Worried
EXCLUSIVE: Dem Senator’s Alleged Violation Of Stock Disclosure Rules Has Watchdogs Worried Gabe Kaminsky on June 1, 2022 Democratic Colorado Sen. John Hickenlooper recently disclosed asset trades potentially worth over …
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Texas Rep ‘Failed To File Timely’ Stock Trades Worth Millions, House Ethics Office Finds
Texas Rep ‘Failed To File Timely’ Stock Trades Worth Millions, House Ethics Office Finds Gabe Kaminsky on June 1, 2022 The House’s ethics office found a GOP congressman likely violated …
- Financial News
Stock rally not enough to save ARK from record 7-month losing streak
by Reutersby ReutersBy David Randall NEW YORK – A sharp rally in the broad U.S. stock market over the last week in May was not enough to save star stock picker Cathie …
- Financial News
Analysis-Sizzling U.S. energy stock rally confronts global growth worries
by Reutersby ReutersBy Lewis Krauskopf NEW YORK – A scorching rally in U.S. energy shares has left investors facing a tough decision: hold on despite growing worries that global growth will slow …
- Financial News
U.S. stock bounce likely just ‘bear market rally,’ says Morgan Stanley strategist
by Reutersby ReutersBy Lewis Krauskopf NEW YORK – A rebound in U.S. stocks may have another 5% to go but likely remains just a “bear market rally,” according to Morgan Stanley’s equity …
- Financial News
Brazil stock market optimism tempered as fears grow over October vote
by Reutersby ReutersBy Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY – Brazilian stocks will rise less than previously expected this year as fears over October’s presidential vote tarnish the outlook for …