trading
January 11, 2023 | NTD Newsroom
US-Listed Chinese Firms Kick Off New Year Trading
For China’s tech sector, the New Year is off to a promising start. The Nasdaq Golden Dragon China Index jumped 13 percent in just the first two days of trading in 2023. The index looks at China-based firms listed on the U-S market. And the boost marks its best record yet for early New Year […]
September 24, 2022 | Tom Ozimek
‘Meaningful Penalties’: Bill Banning Members of Congress and SCOTUS From Stock Trading Takes Shape
Long-anticipated legislation that would ban lawmakers and other senior government officials from trading stocks got a boost on Thursday, as House Democrats released a legislative framework that seeks to close loopholes, cut conflicts of interest, and make penalties for non-compliance more painful. Rep. Zoe Lofgren (D-Calif.), chair of the Committee on House Administration tasked with […]
February 9, 2022 | Zachary Stieber
Pelosi Says Congress Needs to ‘Tighten the Fines’ on Violators of Congressional Stock Trading Act
House Speaker Nancy Pelosi (D-Calif.) on Feb. 9 said she supports increasing restrictions on members of Congress trading stocks. “We have to tighten the fines on those who violate the STOCK Act. It’s not sufficient to deter behavior,” Pelosi told reporters in Washington during a press conference. The Stop Trading on Congressional Knowledge (STOCK) Act […]
October 22, 2021 | Jack Phillips
Trading in Trump Social Media Stock Surges 200 Percent, Is Halted Several Times
Shares of former President Donald Trump’s Digital World Acquisition Corp., a blank-check firm that is taking his proposed social media platform public, spiked on Friday after a huge rally the day before. Trading in Digital World Acquisition Corp. (DWAC) was halted on Friday due to volatility several times during Friday morning trading after it skyrocketed 216 percent […]
July 30, 2021 | NTD Newsroom
Startup Helping Small Natural Gas Producers Reach New Markets
A startup focused on helping American producers find new markets for their raw materials is launching a natural gas desk. Mickey is a digital trading platform looking to streamline the trading and logistics process for small- and medium-sized producers, allowing them to compete against the big players like Shell, Chevron, and Exxon. It can be difficult or […]
May 19, 2021 | Reuters
Bitcoin Slides Below $40,000 After China’s New Crypto Ban
LONDON—Bitcoin tumbled below the $40,000 mark on Wednesday to a three-and-a-half month low as selling in digital coins intensified after China banned financial and payment institutions from providing cryptocurrency services. Bitcoin, the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk, but the news from […]
April 5, 2021 | Reuters
Tesla Shares Surge After Company Posts Record Deliveries
Tesla Inc. was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts. The stock jumped nearly 8 percent in pre-market trading and it […]