The third-ranking House Democrat, Rep. Jim Clyburn, tore into Republicans for opposing a minimum-wage boost, saying their threatened used of the filibuster in the Senate to stop it reminded him of when it was deployed against civil-rights legislation.
An ETF that’s backed in part by Dave Portnoy, self-proclaimed head of the hordes of retail investors who have upended markets in recent weeks, raises questions about market manipulation.
Rising bond yields get credit for fueling a rotation away from the U.S. stock market’s pandemic winners toward shares of companies more sensitive to the economic cycle. In reality, there’s a lot more to it, says one market economist.
In the best sign yet of a recovery in ride hailing, Lyft Inc. said Tuesday that it saw its best rides volume last week since March 2020, sending its shares higher in after-hours trading.
The Biden administration will place sanctions against Russian government officials over the attempt to kill and subsequently jail opposition leader Alexei Navalny, senior officials said Tuesday.
Chinese officials cited antitrust issues when they halted Ant Group’s IPO last year days before the planned $37 billion listing in Hong Kong and Shanghai.