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In an ongoing fight between amateur investors and Wall Street hedge funds, hedge funds got the upper hand this week. Florida Atlantic University professor Rainford Knight explains the stock market drama connecting Reddit users, institutional investors — and potentially Congress.
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An update on the FBI agents who were killed in South Florida Tuesday while serving a warrant. "Stonks," "tendies" and wildness on Wall Street. And getting real about getting older during COVID-19.
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The video game retailer's shares shoot up, the online broker Robinhood struggles for cash and securities regulators issue a stern warning for anyone trying to game the market.
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GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.
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Stocks surged after Pfizer said its experimental vaccine was more than 90% effective and after former Vice President Joe Biden was elected president.
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Investors are also discouraged by the lack of progress in talks between Congress and the White House over another coronavirus relief bill.
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Airlines, which have been counting on aid from Congress, were hit hard. Tech shares, which have been among the top gainers this year, also posted losses.
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Traders are wearing masks and must undergo a health screening before entering the New York Stock Exchange, which shifted to electronic trading in March because of COVID-19.
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Wall Street came to Magic City on Thursday as more than 250 Miami-Dade high school students from 14 high schools worked as day traders in a simulated…
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We don’t celebrate economic birthdays because the tools used to measure the economy aren’t precise enough to pinpoint specific milestones. Yet it is worth…
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U.S. stocks indexes headed lower again after a global sell-off overnight triggered by a plunge in U.S. stocks the day before.
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Miami biotech billionaire and philanthropist Dr. Phillip Frost says he was stunned by the stock trading fraud charges filed against him earlier this month…