South Korean stock market shares dropped by slightly over two percent on Monday to reach a one-year low, Yonhap News Agency reported, noting the development came amid increased concern among Asian investors that a global economic recession may be on the horizon.
Hybe Co., the entertainment giant that manages the globally successful Korean boy band BTS, lost as much as $1.7 billion of its stock value on Wednesday after the bandmates confessed during a livestream that they are “exhausted” with their lives, need “time to think,” and are hoping not to perform as BTS for an indefinite amount of time.
After the economy entered bear market territory Monday, White House press secretary Karine Jean-Pierre said Biden was “monitoring” the recent stock market plunge but did not give specifics regarding actions being taken.
China’s state-run Global Times on Sunday frantically tried to convince foreign investors that now is the “right time to bet on China” – right after the Communist government demonstrated it will not hesitate to wipe out billions of dollars in value by turning key cities like Shanghai into coronavirus prison camps at the drop of a hat.
A non-partisan ethics watchdog organization demanded another investigation into Democrat Rep. Tom Suozzi’s (D-NY) stock transactions on Friday for allegedly failing to disclose up to $515,000 in stocks over a month late after previously failing to report transitions up to four years late.
Those who can still laugh are saying the stock market has turned their 401(k) into a 301(k).
The one hundred and forty-eighth running of the Kentucky Derby produced an excellent reminder that markets do not always get everything right.
Jerome Powell still believes in immaculate disinflation—and he appears to have won the market over to his view.
If we had not already quoted old Tom Eliot on the alleged cruelty of April, we would certainly be tempted to do so again after Friday brought the April sell-off to such a crescendo.
The sharp drop in Netflix stock “led to a wave of downgrades from Wall Street on fears over the company’s long-term growth potential,” resulting in a loss of more than $50 billion of its market cap.
Vulnerable Rep. Abigail Spanberger (D-VA) on Tuesday said lawmakers should “consider a different job” if allowing “a ban on individual stock trading by Members of Congress is a dealbreaker,” potentially calling out fellow vulnerable Democrat and member of the Virginia delegation, Rep. Elaine Luria, said the “concept” of banning lawmakers from trading stocks “bullshit” earlier this year.
The Foundation for Accountability and Civic Trust (FACT), a non-partisan ethics watchdog organization, demanded an investigation into Democrat Rep. Tom Suozzi’s (D-NY) stock transactions after he allegedly failed to disclose up to $885,000 in stocks between 2017 and 2021, which possibly presented a conflict of interest.
The Foundation for Accountability and Civic Trust (FACT), a non-partisan ethics watchdog organization, filed a complaint on Friday with the Office of Congressional Ethics (OCE) requesting an investigation into Rep. Kurt Schrader (D-OR) for allegedly violating House Ethics rules that prohibit members from using official taxpayer-funded resources for political purposes.
During his State of the Union (SOTU) address on Tuesday evening, President Joe Biden refused to endorse a bipartisan plan to ban members of Congress from holding or trading stocks.
House Speaker Nancy Pelosi (D-CA) on Wednesday placed a condition on banning congressional lawmakers from trading stocks.
House Speaker Nancy Pelosi’s (D-CA) stock trades have reportedly become of great interest to those in January looking to beat the market.
New Hampshire’s First Congressional District Republican candidate Matt Mowers, looking to unseat vulnerable Democrat Rep. Chris Pappas, told Breitbart News that members of Congress and their immediate families should be banned from owning or trading individual stocks, with violators facing harsh penalties.
Hedge fund CEO Josh Young is forthright about how he profited on climate change activists’ hate for fossil fuels by investing in oil and gas.
The media are blaming workers for empty grocery store shelves even as President Biden has failed to stop the virus or fix the supply chain.
Congress beat the market, on average, with its millions of dollars of trades in 2021, according to watchdog organization Unusual Whales.
House Minority Leader Kevin McCarthy (R-CA) may ban lawmakers from holding or trading stocks if he wins the speaker’s gavel in November.
Apple briefly hit a market cap of $3 trillion during trading on Monday, the first company to ever achieve this valuation. After hitting the landmark valuation, Apple shares have traded down, leaving the iPhone giant just short of the historic value. The tech giant has tripled its valuation in the last four years.
Shares of TeraWulf, a cryptocurrency miner backed by actress Gwyneth Paltrow — who sells candles that she says smell like her genitalia — fell sharply during the company’s public trading debut on the Nasdaq stock market.
Adam Townsend, investor and venture capitalist, advised political observers to monetize their knowledge through investment while warning against the wasteful expenditure of emotional capital on Monday’s edition of the Breitbart News Daily podcast with host Alex Marlow.
According to a recent report, the hackers behind the recent data breach of the online trading platform Robinhood had access to system tools that would allow them to remove certain account security features of customers.
Tesla CEO Elon Musk has reportedly sold nearly $5 billion in Tesla stock, according to recent financial filings.
Sen. Richard Burr (R-NC) had “material nonpublic information” revolving around the coronavirus pandemic’s impact when he directed his stockbroker to dump over $1.6 million in stocks a week before the market drastically dropped in March of last year, in addition to telling his brother-in-law who then did the very same, according to federal court filings.
Justin Danhof said the SEC is allowing Nasdaq to discriminate against “white straight Christian men” with a “diversity” quota regulation.
The impending collapse of China’s gigantic Evergrande Group real estate company caused a tumble at the stock market on Tuesday for other Chinese property developers. Even investors in completely unrelated markets are growing nervous about what the implosion of such a huge company could do to banks in China and around the world – and what it could mean for Beijing’s geopolitical agenda.
MassMutual has been fined $4 million by the state of Massachusetts for failing to censor an employee who helped launch the GameStop squeeze.
The stock trading app Robinhood, notorious for its actions against GameStop and other “meme stock” investors, has kicked off a nationwide effort to convince students to trade stocks using its app, including a $20,000 giveaway offering to young people.
The House Ethics Committee announced on Tuesday, the committee will investigate Rep. Tom Malinowski’s (D-NJ) hundreds of stock transactions that allegedly violated the federal STOCK Act.
The video conferencing company Zoom, which enjoyed massive growth during the coronavirus pandemic, has suffered a 16 percent slide in share price today after the company reported second-quarter earnings that beat expectations but showed slow growth.
A Chinese state newspaper called Economic Information Daily published an article on Tuesday that compared Internet gaming to opium addiction.
President Joe Biden defended his administration’s handling of the economy Monday even as the stock market plunged more than 900 points.
Former Democrat Rep. Harley Rouda (CA), while in office last year, missed federally mandated deadlines that require congressional representatives to report stock trades, according to a report.
A non-partisan ethics watchdog, the Foundation for Accountability and Civic Trust (FACT), sent another letter to the Office of Congressional Ethics (OCE), laying out more information regarding Democrat Rep. Tom Malinowski’s (NJ) alleged violations of federal law after filing their first complaint in March.
The popular stock and cryptocurrency trading platform Robinhood has reportedly paid a $70 million settlement to the Financial Industry Regulatory Authority (FINRA) on Wednesday after being accused of misleading customers.
The Bovespa Index, the Sao Paulo stock exchange, hit a record high for the third consecutive day on Tuesday on the news that Brazil’s GDP had increased by 1.2 percent in the first quarter of 2021 — a particularly stunning achievement given the severity of the Chinese coronavirus outbreak in the country.
Energy and consumer finance stocks led the way down.
