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Politics
Former members join the chorus calling to end congressional stock trading
A group of former members of Congress wants action before the end of this session on legislation barring lawmakers from owning or trading individual stocks.
The former lawmakers, organized by Issue One, a Washington-based political reform group, on Monday sent a letter to Senate Majority Leader Charles E. Schumer, D-N.Y., and…
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Yen wobbles, vulnerable to political reverberations
The yen languished near a three-month trough on Friday and was headed for a fourth straight weekly loss, ahead of an election in Japan over the weekend that is likely to complicate the Bank of Japan's (BOJ) policy normalisation plans.In the broader market, the dollar retreated from its recent highs as it tracked U.S. Treasury yields lower,…
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The stock market is having its best election year ever
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CNN
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Traders could be forgiven for breaking out their champagne glasses, even though 2024 isn’t halfway done yet.
US stocks have leaped from all-time high to all-time high this year: the S&P 500 has surpassed its own record a staggering 31…
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Rooting for Trump to fail has made his stock shorters millions
NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable.
Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite…
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How the 2024 Election Could Affect Your Portfolio
Election Day is Tuesday, Nov. 5, and the uncertainty can present pitfalls for investors.“There are a lot of emotions involved,” says Dan Lefkovitz, a strategist with Morningstar Indexes and co-host of The Long View podcast. “It’s also really hard to predict the results of an election, what sort of policies are going to be enacted, what the…
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Sebi chief Madhabi Puri Buch to appear before Public Accounts Committee tomorrow; here’s
Sebi chairperson Madhabi Puri Buch will appear before the Public Accounts Committee (PAC) of Parliament on Thursday, reported news agency PTI.The meeting comes after a Bharatiya Janata Party member accused the panel's chairman and Congress MP KC Venugopal of guiding their actions by political motivations.The agenda for Thursday's meeting…
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The stock market is the most accurate predictor of presidential elections, not the polls
In the wake of the latest presidential debate between Vice President Kamala Harris and former President Donald Trump, election polls are in the spotlight.
Harris now has a slight edge in many national polls. The New York Times has Harris ahead, with 49% odds compared with Trump’s 47%, while Project FiveThirtyEight and ABC give the vice…
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How the election may disrupt the stock market
Joe Biden and Donald Trump 2024Brendan Smialowski | Jon Cherry | Getty ImagesThe stock market has yet to price in a potential outcome in the presidential election, a rematch between President Joe Biden and former President Donald Trump.In general, election years are not great for the stock market leading up to voting day, David Woo, CEO of…
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US stock market: U.S Presidential elections 2024: The stock market gives 64% chance to this
The stock markets have already taken an affinity towards Kamala Harris as soon as she entered the Presidential poll race after replacing Joe Biden on the ticket. According to Market Watch, the chances of Harris winning the polls are 64% based on the stock market trends that were earlier behaving in a rather non-predictable manner.The stock!--/article_liveblog.cms?msid=105115637&pos=toppotime:1-->…
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