Volatility returned as market participants adjusted their expectations for rate cuts.
Former Alabama Ethics Commissioner Stan McDonald resigned Wednesday. The decision comes as the Alabama Senate considers a bill that would overhaul Alabama’s existing state ethics code.
Source: The Washington Post / Getty The value of shares in Trump Media, the parent company of Truth Social, has been cut in half since being available on the public trading market. According to reports, shares of Trump Media & Technology Group, the company that operates the Truth Social social media network, closed at $32.59 Friday (April 12). Despite a late rally, the price reflects a 50% drop from its original peak closing price of $66.22 when it was first made available for public trading on...
Rivian Automotive (RIVN -5.64%) shares have been in a free fall recently.
Rivian Automotive (NASDAQ: RIVN) shares have been in a free fall recently.
The Vermont Senate Ethics Committee has rejected a complaint alleging that Sen. Kesha Ram Hinsdale (D/P-Chittenden-Southeast) has a conflict of interest stemming from her marriage to the scion of a prominent real estate family. The five-member committee found there was no conflict between Ram Hinsdale’s work on legislation to promote housing and her husband Jacob Hinsdale’s role as the property manager for his family’s company, Hinsdale Properties. The Burlington-based firm founded by...
Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent Seven as they led the S&P 500 to a 24% gain last year. The companies are seen as important bellwethers due to dominant positions atop their...
Sen. Dick Durbin (D-Ill.), the chair of the Senate Judiciary Committee, issued a subpoena to a conservative legal advocate as a part of an ethics probe driven by reports of undisclosed gifts to some conservative Supreme Court justices, multiple outlets reported on Thursday. The committee sent the subpoena on Thursday to Leonard Leo, the co-chair
Trump Media owns the Truth Social app, which is regularly used by former President Donald Trump, the biggest shareholder of the newly public company.
The prospect of a war between Iran and Israel is believed to have affected Bangladesh’s capital market. Due to the disruption of import trade in the country, triggered by the Russia-Ukraine war, the profits of most of the listed companies had already decreased during this economic recession, and this time, it has also spread fear in the capital market. Market analysts say there is no direct trade with Iran in Bangladesh. As a result, listed companies are less likely to…
(The Center Square) – Arizona House Minority Whip Melody Hernandez is dropping her bid for state senate. The Tempe Democrat announced she would no longer seek the position, saying that there are “mistakes” that put her candidacy in jeopardy. “When it was brought to my attention this weekend that I had made mistakes impacting my ability to successfully run for election to the Senate in LD-8, I knew the only right next step would be to take the sole responsibility...
By John Fritze and Devan Cole, CNN (CNN) — Senate Democrats on Thursday issued a subpoena to a conservative legal advocate they are investigating in response to a series of ethics controversies at the Supreme Court involving lavish travel and gifts to justices. Months after voting to authorize the subpoena, the Senate Judiciary Committee formally