YOU DECIDE: Should Members of Congress Be Allowed to Trade Stock?
In April 2012, Congress passed the Stop Trading on Congressional Knowledge (STOCK) Act by a large majority of both Republicans and Democrats. The STOCK Act required members of Congress and their spouses and dependent children to publicly (and promptly) reveal when they have bought or sold shares of stock in a company. Recently, however, some […]
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Women Dominate 2020 Best Director Golden Globes It’s no secret that women directors aren’t recognized as often as men for their accomplishments in the entertainment industry. In fact, in all 77 years that the Golden Globes have been awarded, only five women–total–have ever been nominated for the Best Director award. But it seems that this […]
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Another Bad October for Stocks President Trump says the U.S. economy is in the best shape it’s ever been in. And it’s true that by all measures, the stock market is up 20 percent since Trump’s inauguration in January 2017. However, last week saw a serious downturn in the stock market. In fact, it’s down […]
Stock Market Plummets: Crisis or Capitalism?
On Monday, the Dow Jones Industrial Average lost more than 1,500 points (more than 6%). This was the worst fall in six years, and at one point, the biggest one-day drop in history. So should we panic? What Caused the Plunge? The drop wasn’t caused by any one fundamental thing. Instead, there were a number […]
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Big Changes for GE Last Monday, General Electric (GE) announced that it will be replacing its CEO, Jeffrey R. Immelt. Immelt has been the CEO of General Electric for the past sixteen years. He was instrumental in successfully guiding the company through the global recession of 2008. Immelt also helped to encourage and lead GE’s […]
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Apple Nudges out AT&T on Dow The Dow Jones Industrial Average (DJIA or, commonly known as the Dow) is a “stock market measure” made up of the 30 largest companies that are publically traded (offer stock) on the New York Stock Exchange (NYSE). These 30 companies collectively represent a snapshot of the economy at large. […]