Market Calm May Give Way to Another Week of Upheaval
Wall Street recovered more losses from the coronavirus pandemic Monday, adding to last week’s historic upswing, though the volatility — and losses — are not likely over.
Read moreSecurities
Market Brightens Even as Bad Virus News Piles On
Markets traded up early Monday morning, appearing unaffected by estimates that the coronavirus will kill up to 200,000 in the United States.
Read moreUS Surge in Covid-19 Cases Sparks 3.5% Drop on the Dow
Market losses began early Friday, after a historic week of Wall Street gains, following news the United States leads the world in coronavirus cases.
Read moreDow Up Another 2% Despite Record Unemployment Numbers
Despite mammoth unemployment claims by the Labor Department, weary investors traded positively as the $2 trillion stimulus package makes its way to the House.
Read moreSecurities Recidivist
The SEC accused Donald H. Hunter, 52, of Ridgefield, Conn., who was barred by FINRA in 2012 from broker-dealer work, of “lining his own pocket” by defrauding investors of more than $400,000 in his “You Angel Fund,” in federal court.
Read moreSecurities Fraud
Operating as an unregistered securities dealer, Justin W. Keener, 45, of San Juan, Puerto Rico dba JMJ Financial defrauded investors of $22 million, the SEC claims in federal court.
Read moreVirus Bailout Bill Gives Stocks Some Lift as Infection Rate Soars
The largest stimulus package in U.S. history did little to rouse investors still groggy from Tuesday’s market rally.
Read moreDow Has Best Day in Nearly a Century
A rally from investors reversed Monday’s stock losses and ushered in the best day of trading since 1933 even before the Senate reached a deal on a $2 trillion stimulus package.
Read more
Still Hopeful of Stimulus, Stocks Bump Up 5%
Investors confident that Congress will agree on a stimulus package rallied in U.S. markets and abroad Tuesday.
Read more
Senator Richard Burr Accused of Securities Fraud in Suit After Stock Sales
Senator Richard Burr, one of several senators who dumped hundreds of thousands of dollars worth of stock ahead of the coronavirus pandemic, is being sued by a member of the public for allegedly violating securities laws.
Read more
Markets Lose Fed’s Boost as Stimulus Deal Flounders in Senate
Even with a stimulus package reportedly nearing completion and unprecedented moves by the Federal Reserve, U.S. stock markets continued their downward trajectory Monday.
Read moreDigital Currency Fraud
Meta 1 Coin Trust; Robert P. Dunlap, 48; his allegedly “psychic” girlfriend, Nicole Bowdler, 39; and former Washington state Sen. David A. Schmidt, 55, all of Boca Raton, Fla., defrauded investors of $4.4 million in a digital coin fraud, the SEC claims in federal court.
Read more
Intervention From Fed Puts Futures on Much-Need Upswing
A massive lending boost from the Fed could reverse fortunes for U.S. markets, waiting at gutter levels now for a third stimulus plan.
Read more
Tezos Cryptocurrency Founders Settle With Investors for $25 Million
Investors dissatisfied with the blockchain platform Tezos moved Friday to settle a raft of lawsuits against the company and its co-founders for $25 million.
Read more
Pressure Builds to Ban Congress Members From Trading Stocks
Records showing that U.S. lawmakers with early reports on the coronavirus pandemic dumped private stock holdings before markets posted recordbreaking losses has roiled the nation, but criminal fallout is unlikely.
Read more
Stocks Clock Worst Week Since 2008 as Dow Takes Another Plunge
Despite opening gains and optimism, U.S. markets ended the week on a down note, with the Dow Jones Industrial Average losing nearly 1,000 points in the final minutes of trading.
Read more
‘Nut Rage’ Heiress Takes on Brother in S. Korea Succession Feud
The “nut rage” heiress who forced a plane to turn back over her macadamias is fighting a bitter battle — with activist shareholder support — against her brother for control of the family airline, highlighting resistance to reform in South Korea’s chaebols.
Read more
Meager Rally Lifts Stocks to Cap Off Week of Woe
After a turbulent week of trading, markets seemed poised to end on somewhat of a high note Friday as lawmakers cobble together a third stimulus package.
Read more
Senators Dumped Stock With Inside News About Virus
Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus epidemic — while he was publicly downplaying the severity of the pandemic.
Read more
Promise of Aid Gives Needed Lift to Downtrodden Markets
The wild swings in the market tempered, at least on Thursday, with markets ending in a mild rebound.
Read more