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Tag Archives: stock

Bill targets super-successful stock traders of Congress

A bill that would ban sitting members of the US Congress and their family members from stock trading has been introduced in the Senate. House Speaker Nancy Pelosi recently defended market access as essential in a free economy. Jon Ossoff, a Democratic senator from Georgia, joined forces with his fellow …

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Musk blasts California tax as he dumps more stock

According to regulatory filings, the billionaire has sold around 13.5 million shares for about $14.1 billion since November 6, when he pledged to sell a 10% stake in Tesla to exercise his stock options and pay taxes to the US government. He still has some 3.5 million more shares to …

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Musk’s tweets on stock sales land Tesla in court

Tesla investor David Wagner filed a lawsuit with the Delaware Court of Chancery on Thursday, calling for access to Tesla’s internal documents relating to Musk’s tweets that mention the company. Most notably, the investor wants access to records on Musk’s November 6 poll in which he asked his followers whether …

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Turkish stock market halts trading as lira crashes

“As of 16.24 (Istanbul time) transactions have been temporarily halted on the market of all shares of our stock exchange,” the exchange said in a statement. The country’s currency has collapsed amid pressure from President Recep Tayyip Erdogan on the central bank to lower borrowing costs to boost the growth …

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How does the stock market work?

Let’s consider the trends of the modern stock market. If you have tuned into the financial media, you might have noticed that some experts point to the fact that the stock market is noticeably ahead of itself, when others notice that it is keeping pace with the economy. Who is …

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