Investing

Corporate insiders could be barred from selling stock within a certain time period after share buybacks are announced, if one Democratic senator has his way. Sen. Chris Van Hollen of Maryland pointed to evidence from a Securities and Exchange Commission study indicating that share repurchases are benefiting corporate insiders at the expense of long-term investors.
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Federal Reserve Chairman Jerome Powell said before the U.S. Senate Tuesday that conflicting federal and state laws on the sale of marijuana and other cannabis products put bank supervisors in a “very difficult place.” Asked by Sen. Robert Menendez, D-N.J., about the Fed’s thoughts on the cannabis space, the leader of the U.S. central bank
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Walmart analysts are staying bullish after the company reported strong earnings before the bell. The retail giant said its ecommerce sales surged a whopping 43 percent while same store sales grew 4.2 percent over the holidays compared to last year. Many analysts say this is Walmart‘s strongest overall report in years despite last week’s steep
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If you’ve stashed some cash in a savings account, this is your time to shine. Signs of rising inflation, which pushed the Fed into hiking rates beginning in 2015, are finally having a significant effect on the annual percentage yield banks pay consumers on their money. As a result of the increase, savings rates are
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Video game stocks are getting killed Wednesday after two of the top companies in the space reported quarterly earnings. Shares of EA were trading roughly 15 percent down ahead of the market open Wednesday, a day after the company cited “intense competition” in the space as contributing to a revenue miss for its fiscal third
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