Business

Today, Congresswoman Maxine Waters (D-CA)Chairwoman of the Committee on Financial Services, and Congressman Al Green (D-TX)Chair of the Subcommittee on Oversight and Investigations, released a Majority staff report entitled, “Game Stopped: How the Meme Stock Market Event Exposed Troubling Business Practices, Inadequate Risk Management, and the Need for Regulatory and Legislative Reform.” GameStop Corporation (GameStop) … Read more

At a Senate hearing this week Jerome Powell was asked about balancing the Fed’s dual-mandate of price stability and maximum employment. Powell said, “Right now the labor market is extremely tight and I would say unsustainably hot. And there is a mismatch between supply and demand there.” I’ve used this chart before but it bears … Read more

Placeholder while article actions load Electronic cigarettes made by Juul Labs can continue to be sold, for now, after a federal appeals court on Friday issued a temporary stay on a government ban. Earlier this week, the Food and Drug Administration banned Juul from selling its popular vaping device, tobacco and menthol flavored cartridges, citing … Read more

A syringe is prepared with the Pfizer COVID-19 vaccine at a vaccination clinic in Chester, Pa., on Dec. 15, 2021. Pfizer says tweaking its COVID-19 vaccine to better target the omicron variant is safe and boosts protection. Matt Rourke/AP hide caption toggle caption Matt Rourke/AP A syringe is prepared with the Pfizer COVID-19 vaccine at … Read more