Bill Hwang took it all down. That man is a legend. Credit Suisse Group AG CS 3.81%increase; green up pointing triangle reported a fifth consecutive quarterly loss and faced a $100 billion torrent of withdrawals from the rich customers who …
Ohio senators are trying once more to overhaul the state’s medical marijuana system. That effort stalled out last session after passing the Senate. Meanwhile, the bid to place adult, recreational use on the ballot has only gained steam in the …
NEW YORK, Dec 14 (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to propose some of the biggest changes to American equity market structure in nearly two decades, aimed at boosting transparency and fairness while increasing competition …
by gargeug Link to the story: https://www.reuters.com/markets/us/wall-street-regulator-spell-out-push-overhaul-stock-trading-sources-2022-06-08/ After the GME/AMC run last year the SEC has decided to overhaul PFOF. This is how companies like RobinHood, TDAmeritrade and Etrade are able to offer commission free trading. In a nutshell, they intend …
by Scalpel_Jockey9965 Unpublished and scheduled to drop tomorrow. This will close several loopholes that market makers and HF have over retail investors for all trades routed to IEX. https://public-inspection.federalregister.gov/2021-07676.pdf The purpose of the proposed rule change is to enhance the …
https://www.bloomberg.com/news/articles/2018-12-03/morgan-stanley-predicts-ford-to-cut-25-000-jobs-in-restructuring Ford Motor Co.’s $11 billion restructuring could cost 25,000 employees their jobs, exceeding the cutbacks General Motors Co. announced last week, according to Morgan Stanley. Ford has yet to detail its job cuts, but Morgan Stanley analyst Adam Jonas …
John Williams has long said that this money printing orgy by the Fed will end in a hyperinflationary event. Williams says, “Unfortunately, it is unavoidable. It is only a matter of when. It can only be avoided if the U.S. …
via CNBC: The best scenario is for Musk to stay at Tesla, but something has to change. It seems the core problem for Musk and Tesla is that he’s surrounded by people unwilling or unable to stand up to him, …
via wsaz: New York, New Jersey, Connecticut and Maryland sued the federal government over the Republican-led tax overhaul Tuesday, alleging the new law championed by President Donald Trump unfairly singles out high-tax blue states. The lawsuit, filed in the Southern District …
GENEVA, Feb 5 – U.S. President Donald Trump’s tax reform could bring almost $2 trillion back to the United States as U.S. firms repatriate cash piles from foreign affiliates, a U.N. report said on Monday. Ending the incentive to hoard …