Pay transparency laws benefit marginalized workers, but economists warn they could also diminish the negotiating power of the labor force at large.
NYSE’s Tuesday trading glitch explained
Dozens of stocks opened at prices well above or below their prior day closing prices. Most were halted shortly after the open.
Georgia DA investigating Trump for 2020 election interference says charging ‘decisions are imminent’ after grand jury report
Donald Trump is under investigation for possible crimes related to trying to overturn his 2020 election loss to President Joe Biden.
DOJ files second antitrust suit against Google, seeks to break up its ad business
The lawsuit targets Google’s advertising business and comes after reports that DOJ antitrust chief Jonathan Kanter had been cleared to work on Google.
S&P 500 tries to break bear market downtrend, but earnings remain lackluster
The general run of earnings continues to be fairly downbeat. Not many outright jolts from large-cap companies but some sloppy results and muted guidance.
Microsoft offers lackluster guidance, says new business growth slowed in December
Microsoft saw slower Azure growth and device execution challenges in a quarter where it took a $1.2 billion charge, mainly for cutting 10,000 jobs.
Morgan Stanley’s favorite buys and shorts for earnings season
The firm says investors should expect a rise in price dispersion over the next couple weeks as companies report their latest quarterly results.
Classified documents found at Mike Pence’s Indiana home
The classified documents were discovered on Jan. 16 after Pence had outside counsel search his own home and records “out of an abundance of caution.”
Putin’s nuclear threats move Doomsday Clock closest ever to Armageddon, atomic scientists say
The 2023 countdown time on the clock is “90 seconds to midnight,” 10 seconds closer to “doomsday” than it had been set at last year.
Markets may be underestimating how much the Fed wants to avoid turning this into the 1970s
Investors are placing a big anti-inflation bet on stocks this year that may not pan out, according to Wolfe Research.