Posts From King World News

Stocks can’t keep shrugging off global pressures

For American investors, it looks all good: The Dow remains near 18,000, biotech stocks are hot and the Nasdaq is within a hair of its record high. GDP growth bounced back in the second quarter, advancing at a 2.3 percent annual clip as the job and housing markets continue to improve.

Wall St. rises as private jobs data eases rate hike worries

Some economists have said a bunch of soft economic data – released in the last few days – could prompt the U.S. Federal Reserve to wait until December to increase interest rates for the first time in nearly a decade. The Fed has said it needs to see a sustained recovery before it raises rates for the first time in nearly a decade. Stock market investors are keeping a close

U.S. SEC to adopt rules mandating disclosure of CEO-worker pay ratios

Companies will have to provide investors with a ratio showing how the median pay of their workforce squares with their chief executive officers’ compensation, according to new rules slated for adoption by U.S. securities regulators on Wednesday. The SEC has been under mounting pressure by Democrats, like Massachusetts Senator Elizabeth Warren and unions, who support the rule and have lamented delays in its adoption. The measure was tucked into the

Stocks can’t keep shrugging off global pressures

For American investors, it looks all good: The Dow remains near 18,000, biotech stocks are hot and the Nasdaq is within a hair of its record high. GDP growth bounced back in the second quarter, advancing at a 2.3 percent annual clip as the job and housing markets continue to improve.

U.S. SEC to adopt rules mandating disclosure of CEO-worker pay ratios

Companies will have to provide investors with a ratio showing how the median pay of their workforce squares with their chief executive officers’ compensation, according to new rules slated for adoption by U.S. securities regulators on Wednesday. The SEC has been under mounting pressure by Democrats, like Massachusetts Senator Elizabeth Warren and unions, who support the rule and have lamented delays in its adoption. The measure was tucked into the