Congressional hearings often involve a lot of grandstanding. But as the House Financial Services Committee prepares to grill major players in the GameStop saga that shocked investors last month, there are still some big questions that need answers.
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News: What you need to know about the markets | | | | 5 questions that need answers at the GameStop hearing | Congressional hearings often involve a lot of grandstanding. But as the House Financial Services Committee prepares to grill major players in the GameStop saga that shocked investors last month, there are still some big questions that need answers. Read more » | | Citi made a $500 million mistake. Here's how that would play out for regular people | Citigroup lost a court battle Tuesday to claw back $504 million it mistakenly wired to Revlon's lenders in August. But don't get your hopes up that you could keep a chunk of change accidentally placed in your bank account. Read more » | | Jobless claims jump: Another 861,000 Americas filed for initial benefits last week | Another 861,000 workers filed for unemployment benefits for the first time last week, according to seasonally adjusted data released Thursday from the Labor Department. Read more » | | Walmart just boosted pay to $15. It's not what you think | Walmart, America's largest private employer, will raise wages for 425,000 US workers -- more than a fourth of its workforce -- to at least $13 an hour. Read more » | | Maxine Waters is planning to call multiple hearings on the GameStop frenzy | Congresswoman Maxine Waters plans to thoroughly investigate the GameStop trading frenzy by holding multiple hearings on the matter. Read more » | | Here's what we can learn from the Gamestop craze | The mania that drove the recent GameStop stock rally should remind all investors of the need to stay diversified. It's simply not wise to put all your eggs in one basket, whether what's in that basket is filled with ultra-safe municipal bonds or high volatility cryptocurrency. Read more » | | | | | | | |
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| -119.68 | | -100.14 | | -17.36 | 31,493.34 | | 13,865.36 | | 3,913.97 | -0.38% | | -0.72% | | -0.44% | YTD +2.90% | | YTD +7.58% | | YTD +4.20% | | | |
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