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Gains in media stocks helped benchmarks shrug off weak economic data and settle in the green. Investors ignored the biggest contraction of the U.S. economy in the first quarter since early 2009 and also overlooked an unexpected fall in durable goods order. Broadcaster stocks rose on Wednesday after Supreme Court ruled in their favor over start-up online-video service provider, Aereo […]
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Grand Jury Probes Capitol Knowledge & Stock Trading
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The head of the SEC, Mary Jo White, has announced a broad set of new initiatives and proposed regulations that are aimed at giving the agency a tighter grip on the high-frequency trading (HFT) firms which have come to dominate daily activity on the stock market. According to a report in the Wall Street Journal, if the new rules are passed, HFT […]
