Wall Street Faces Nearly $2B in Penalties Over Record Keeping

Regulators point out failure of companies to protect ‘off-channel’ text messaging Published September 28, 2022 The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have actually imposed more than $1.8 billion in charges on different Wall Street companies for record-keeping failures. The SEC action targets 16 companies, with 11 Read More…


For U.S. Investors, Realities of War and Inflation Outweigh Job Expansion By Ron Day Published Mar 04, 2022

A huge gain in U.S. employing last month did little to sooth nervous financiers, as oil rates leapt and stocks sank with the economy still dealing with hazards from war, inflation, and increasing rate of interest. U.S. payrolls included 678,000 employs last month, far exceeding quotes, as joblessness was up to 3.8% on “extensive” gains, Read More…


Stocks & Bond News, Trading News, ETF News

Russia in ‘Selective Default’ on Sovereign Debt U.S. Announces New Sanctions and Bans on Investments in Russia Fed Will Shrink Balance Sheet ‘Rapidly,’ Brainard Says Mid-Cap Stocks Rebound to Start Second Quarter 5 Worst-Performing Mid-Cap Stocks for 2022 5 Best-Performing Mid-Cap Stocks for 2022 California Law Mandating Board Diversity Struck Down SEC Announces 2022 Examination Read More…


Amazon Probe Sought at Justice Dept. for Potential Criminal Obstruction, Report Says By Ron Day Published Mar 09, 2022

Morgan Stanley recommends nickel costs will increase expense of electrical lorries An examination of Amazon.com Inc. is being looked for by a congressional committee into possible criminal blockage of Congress, the Wall Street Journal reported, pointing out a letter and individuals acquainted with the matter. Republican and Democratic members of your house Judiciary Committee sent Read More…


U.S. and Allies Ban Imports of Russian Energy By Mark Kolakowski Published Mar 08, 2022

President Joe Biden revealed on March 8, 2022, that the United States and its allies will be “targeting the primary artery of the Russian economy” by prohibiting imports of “oil, gas, and energy” from Russia. Biden kept in mind that this choice has “strong bipartisan assistance” in the U.S. which it was attained in “close Read More…


Alphabet Announces $5.4 Billion Acquisition of Cybersecurity Firm Mandiant, Inc. By Daniel Rathburn Updated Mar 08, 2022

Apple shares are likewise increasing after it revealed a brand-new low-priced iPhone design Alphabet Inc. (GOOGL) revealed its purchase of the cybersecurity company Mandiant Inc. (MNDT) today in an all-cash deal worth around $5.4 billion. The relocation will boost the security and offerings of Google Cloud. Google stated the offer worths Mandiant shares at $23 Read More…


Inflation Hits New 40-Year High as War Pushes Oil, Commodities Higher

Amazon strategies 20-for-1 stock split Soaring fuel, food, and real estate costs pressed costs up 7.9% because in 2015, as inflation struck a brand-new 40-year high. In February alone, the Labor Department’s Consumer Price Index leapt almost one percent as Russia’s attack on Ukraine pressed gas and grain costs higher. Gas costs surged 6.6% in Read More…