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Wall Street
Exclusive: U.S. regulator opens inquiry into Wall Street’s blank check IPO
By Jody Godoy, Chris PrenticeNEW YORK/WASHINGTON (Reuters) - The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks…
Nasdaq skids 2% lower and Dow turns negative to end choppy Wednesday trade
U.S. stocks finished lower in ugly trading action Wednesday that saw the market shed opening gains to end lower, with losses for technology-related stocks accelerating near the close. The Nasdaq Composite Index…
Stocks Climb Despite Tech-Stock Decline
The Dow Jones Industrial Average rose Wednesday as investors piled back into economically sensitive sectors on bets that the U.S. economy will continue to recover.
The index of blue-chip stocks added 290 points, or…
Most investors say stock market is “rigged”
Nearly 50% of Americans now say the stock market is "rigged against individual investors," a new survey from Bankrate.com and YouGov shows — and surprisingly a solid majority of those investing in the stock market (56%) believe the…
Coinbase CEO Armstrong owns close to $14 billion of stock before debut
Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018.Steve Jennings | Getty Images for TechCrunchWhen Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the…
Stocks Drop Amid Powell’s Testimony
U.S. stocks fell on Tuesday as investors digested testimony by Federal Reserve Chairman
Jerome Powell
and Treasury Secretary
Janet Yellen
about the U.S. economy. The S&P…
U.S. Health Officials Raise Concerns Over AstraZeneca Vaccine Data
LONDON—U.S. officials said they were told AstraZeneca PLC may have released outdated information about trial results for its Covid-19 vaccine—a surprise disclosure that immediately cast doubt on the company’s assertion a day…
Boulder Shooting Leaves 10 Dead, Including Police Officer
A gunman killed 10 people, including a police officer, Monday afternoon at a supermarket in Boulder, Colo., authorities said.
The suspect is in custody, police said at a press briefing Monday evening. A live television…
Tech stocks lead Wall Street higher as Treasury yields slip
Stocks on Wall Street rose and US government bonds stabilised on Monday after the longest losing streak since 2018 for Treasuries.The tech-heavy Nasdaq Composite gained 1.2 per cent by the market close in New York,…