Senators and witnesses sound off Tuesday at a Senate hearing focusing in large part on Ticketmaster’s botched sale of Taylor Swift tickets in November.
: Yellen taps another trust fund to stay below debt ceiling
Treasury Secretary Janet Yellen on Tuesday said she would not invest fully in a third government employee trust fund to stay below the debt ceiling.
: Walmart raises minimum wages, starting with March paychecks
Walmart raised its minimum hourly wage to $14 from $12 for store formats, while the minimum for Sam’s Club is $15 and for fulfillment centers is $16.
: Elon Musk says ‘funding secured’ tweets were a way to ‘do the right thing’
Tesla Inc. Chief Executive Elon Musk is back in court Tuesday for a final stretch of testimony in a federal fraud trial over alleged investor losses caused by his “funding secured” tweet back in 2018.
The Tell: A 30-year revolution: SPY opened stocks to the masses, spawning a raft of options for today’s investors
Thirty years ago, the first exchange-traded fund listed in the U.S. became available to the masses, a disruptive force that would go on to spawn a new market.
The Margin: Taylor Swift has been snubbed by the Oscars and her fans are furious
The singer-songwriter failed to be nominated in the best original song and best short film categories.
Market Extra: NYSE says ‘system issue’ led to glitch that caused dozens of trading halts, wild price swings on open
The New York Stock Exchange on Tuesday said it was looking into the technical issue that apparently led to a large number of trading halts
Cannabis Watch: American Express, Citizens registered to lobby for Safe Banking cannabis measure: report
S&P 500 components American Express and Citizens Financial were listed in filings as lobbying for the Secure and Fair Enforcement Banking Act (SAFE)
Coronavirus Update: FDA backs annual COVID vaccine for Americans with strain to be decided midyear
The Food and Drug Administration is recommending that the U.S. decide each June which SARS-CoV-2 strains to include in an annual fall booster shot.
: Tesla earnings will be ‘most important’ in history, Tesla bull says
Tesla is slated to report fourth-quarter earnings after the bell Wednesday, and a known Tesla bull is calling the report “one of the most important in history,” both for the EV maker and Chief Executive Elon Musk.