The third-ranking House Democrat, Rep. Jim Clyburn, tore into Republicans for opposing a minimum-wage boost, saying their threatened used of the filibuster in the Senate to stop it reminded him of when it was deployed against civil-rights legislation.
An ETF that’s backed in part by Dave Portnoy, self-proclaimed head of the hordes of retail investors who have upended markets in recent weeks, raises questions about market manipulation.
Rising bond yields get credit for fueling a rotation away from the U.S. stock market’s pandemic winners toward shares of companies more sensitive to the economic cycle. In reality, there’s a lot more to it, says one market economist.
In the best sign yet of a recovery in ride hailing, Lyft Inc. said Tuesday that it saw its best rides volume last week since March 2020, sending its shares higher in after-hours trading.