Stan’s Recent Stories
Economy Jul 29Robinhood goes public, eyes expansion beyond trading
Shares of Robinhood Markets are set to begin trading on the Nasdaq Thursday, a highly anticipated initial offering by the company that's drawn a new generation of investors into the market.
Economy Jul 19Stocks skid as investors fear virus surge will dent recovery
Stocks skidded on Wall Street and investors sought refuge in government bonds amid worries that a surge in virus infections around the world will threaten the economic recovery.
Economy Jun 30Robinhood pays $70 million to settle range of allegations
Robinhood Financial will pay a $57 million fine and return another $12.6 million to thousands of its customers to settle accusations of a wide range of supervisory failures.
Economy May 28CEO pay rises to $12.7 million even as pandemic ravages economy
The median pay package for a CEO at an S&P 500 company hit $12.7 million in 2020, according to data analyzed by Equilar for The Associated Press.
Economy Feb 16The ‘GameStop effect’ on Wall Street isn’t over
The tools smaller-pocketed investors employed can be used again and again, if those smaller investors stay connected on social media forums and if regulators don't change the rules to hinder them.
Economy Feb 02It’s not just GameStop worrying Wall Street about a market bubble
Wall Street was always quick to justify recent record heights, even as the pandemic took its toll on people's health and the economy. But some of the market's recent, huge moves have become more difficult to explain.
Economy Jan 29GameStop soars, and Wall Street bends under the pressure
GameStop’s stock is back to the races Friday, and the overall U.S. market is down again, as the saga that’s captivated and confused Wall Street ramps up the drama.
Economy Jan 20Wall Street hits records amid profit reports, inauguration
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
Economy Jan 08Wall Street drifts near records following weak jobs report
The Dow Jones Industrial Average was swinging between gains and losses and was down 20 points, or 0.1%, at 31,020, as of 12:15 p.m. Eastern time, and the Nasdaq composite was 0.8% higher. All the major U.S. stock indexes set…
Economy Oct 28S&P 500 sinks 3.5 percent as surging virus cases threaten shutdowns
The Dow Jones Industrial Average dropped 943 points Wednesday as surging coronavirus cases in the U.S. and Europe threaten more business shutdowns and pain for the economy.