Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures over drop 2% as stocks continue to sell off Traders on the floor of the NYSE, May 6, 2022. Source: NYSE The Nasdaq was poised to lead Wall Street lower again Monday, with futures tied … Read more
He is charismatic and unpredictable. His personality divides. Some people describe him as the most revolutionary CEO of recent years. Others see in him a CEO who is the mirror of an era dominated by trends that follow one another at the speed of a short video on TikTok. We stick all the labels on … Read more
Joseph Stafford is a partner at the law firm Wilson Elser and provides counseling to clients in the Intellectual Property, Regulatory Compliance and Corporate/D&O Risk Management practice areas. By signing an executive order (EO) on cryptocurrencies, President Biden has signaled an openness to the technology’s potentially positive impacts. This is a significant and encouraging development … Read more
Starbucks workers react as they speak to the media after union vote in Buffalo, New York, December 9, 2021. Lindsay DeDario | Reuters The regional director of the National Labor Relations Board in Buffalo, NY, issued a complaint Friday accusing Starbucks of 29 unfair labor practice charges that included over 200 violations of the National … Read more
Strange New Worlds‘ debut episode makes some choice uses of archival footage.screenshot: Paramount Star Trek: Strange New Worlds heads to the franchise’s past to tell adventure stories for a bright, optimistic future—but its very first episode has looked to our own recent history to provide a proxy that has some very unfortunate connotations. Part of … Read more
Elon Musk, CEO of Tesla, speaks to media representatives at the Tesla Gigafactory construction site In Grünheide near Berlin, September 3, 2020. Julian Staehle | picture alliance via Getty Images Elon Musk on Friday flatly denied a claim by the head of ex-President Donald Trump’s new social media company that Trump had encouraged Musk’s bid … Read more
WASHINGTON—Top US regulators proposed overhauling how banks lend hundreds of billions of dollars annually in lower-income communities, after scrapping a Trump-era revamp that had divided regulators and industry officials. The latest proposal to modernize rules for the 1977 Community Reinvestment Act, announced Thursday, aims to ensure lending to lower-income individuals and small businesses is distributed … Read more
Children are seen walking to school, on the first day of lifting the indoor mask mandate for DOE schools between K through 12, in Brooklyn, New York City, New York, US March 7, 2022. Brendan McDermid | Reuters New York City could bring back mask mandates and proof of vaccination status to go to restaurants, … Read more
People protest after the leak of a draft majority opinion written by Justice Samuel Alito, preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in New York City, US, May 3, 2022. Yana Paskova | Reuters The online data-location broker SafeGraph said it has … Read more
Inflation, supply imbalances and strong demand for imported goods widened the US trade deficit to a record in March, with clothing, computers, and vehicles driving the surge. The trade gap in goods and services widened by 22.3% in March from the prior month to a seasonally adjusted $109.8 billion, the Commerce Department said Wednesday. Before … Read more
