New research from the Institute for Policy Studies shows that 100 major U.S. companies are prioritizing share repurchases and exorbitant CEO pay at the expense of their employees. An analysis published Thursday shows that the 100 leading U.S. corporations with the lowest median worker pay poured more than half a trillion dollars into stock buybacks […]
“Sunlight is the best disinfectant. It is critical that the American people know that their elected leaders are putting the public first—not looking for ways to line their own pockets,” said co-sponsor Sen. Kirsten Gillibrand. A bipartisan pair of U.S. senators on Wednesday introduced a bill that would ban stock trading by federal officials including […]
“We need more action on legislation that would ban Congressional stock trading. And fewer members of Congress in violation of the rules already on the books.” A leading government ethics watchdog on Tuesday renewed calls to ban members of Congress from trading stocks during their terms in office after The New York Times published a major investigation revealing that […]
BEIJING — The shockwave from Russia’s invasion of Ukraine reverberated in the world’s financial markets Thursday. London’s benchmark FTSE index was down 3.3% in midday trading, while both the CAC-40 index in Paris and Frankfurt’s DAX index were 5.5% lower. Markets in Asia and Australia all closed in negative territory in the aftermath of Russia’s attacks […]