trading

House Speaker Mike Johnson throws his weight behind bid to bar congressional stock trading

“You want me to tell you my honest opinion on it? I’m in favor of that, because I don’t think we should have any appearance of impropriety here.”

Tariffs are driving investors to Pokémon and Mickey Mantle as trading cards gain credibility as domestic assets

Since its invention, Wall Street has dictated what counts as a “real” investment. Stocks? Absolutely. Property and real estate? Of course. But trading cards? Too sentimental. Too niche. Too “hobbyist.”...

Wall Street braces for wild ride on stock prices after Trump reveals tariffs on most imports

Stocks took a hit in after-hours trading after the commander-in-chief slapped a 10% baseline tariff on all exporters to the US as well steeper rates for nations he accuses of...

Virginia 'Spider-Man' steals 10K worth of anime trading cards: police

He made off with "numerous graded slabs as well as sealed Pokémon product," according to the store.

UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs

"People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue," one industry executive was quoted as...

Site of US' worst nuclear disaster is reopening — and Microsoft wants its power

Three Mile Island — the infamous site of America’s worst nuclear disaster — is gearing up for a comeback, and tech giant Microsoft is first in line to tap into...

Jim Simons-founded hedge fund makes millions after boosting stake in GameStop before meme-stock rally: filing

Renaissance Technologies, the quantitive hedge fund firm founded by the late investor Jim Simons, bought just over 1 million shares of GameStop, according to a securities filing.

GameStop stock surges more than 110% as 'Roaring Kitty' makes surprise comeback with cryptic post

Roaring Kitty, whose real name is Keith Gill, posted a popular meme that shows a man leaning forward in his chair while holding a video game controller.

Ex-members of Congress gripe about $174K salary, cost of living in DC: 'It's very difficult'

Ex-members of Congress griped to the New York Times about the cost of living in the nation's capital on their $174,000 annual salaries, while acknowledging how many of their constituents...

Tottenham Hotspur billionaire owner admits to giving lover, pilots illegal stock tips they used to make millions

The 86-year-old investment magnate — whom a spokesman said was "deeply sorry" and "embarrassed" — pleaded guilty in Manhattan federal court to securities fraud and conspiracy charges.

Morgan Stanley nears deal to pay as much as $300M to settle stock sales probe: report

The penalty will be divided between the Justice Department and the Securities and Exchange Commission and would not include any criminal charges against the bank.

Nancy Pelosi's huge portfolio gains again make the case for banning stock-trading in Congress

Rep. Nancy Pelosi's stock portfolio showed gains of 65%, raising the question of why members of Congress are still allowed to trade at all.

Goldman executive who earned more than $100M since 2020 to 'retire' after clashing with CEO David Solomon: report

Ed Emerson -- a 47-year-old trader who leads Goldman's commodities business and whose pay exceeded Solomon's $77.5 million during the same three-year period -- is set to "retire" from his...

‘Dumb Money’ and dumber: Billionaire Ken Griffin freaking out ahead of movie release

“The movie really isn’t about him,” a source said about Griffin. “He assumes he can control everything.”

Google parent Alphabet dumps 90% of its stake in struggling Robinhood trading app

Following the sale, Alphabet now owns 612,214 shares in the company, worth about $7 million.

Robinhood to slash 7% of full-time workforce in latest layoffs

Robinhood is cutting about 7% of its full-time staff, which will affect about 150 workers. It's the investing app's third round of layoffs since April 2022.

The scathing letter sent to NFL, NBA, MLB execs over Panini's alleged 'racial injustice'

"There are virtually no Black executives at the senior level," the social activist, known for organizing the Women's March, alleges of the memorabilia company.

Trump returns to Instagram to market his NFT trading cards

The former president celebrated his first post in 118 weeks by announcing a "SERIES 2" of his digital cards.

Goldman Sachs lost $200M in recent US banking chaos: report

Goldman’s losses coincided with increases in bond prices.

Goldman Sachs CEO David Solomon fends off attacks over consumer banking flop

Solomon, who recently laid off more than 3,200 workers in what was dubbed "David's Demolition Day," was pounded with questions from Wall Street analysts about the bank's struggles.