House Republicans Coalesce Around Stock-Trading Ban For Lawmakers House Republicans are lining up behind a long-sought effort to curb stock trading by members of Congress, signaling what party leaders say may be their strongest opportunity yet to address concerns that lawmakers can profit from insider information. (Image credit: Illustrated | Getty Images) The proposal, drafted by Rep. Bryan Steil...
House Republicans Coalesce Around Stock-Trading Ban For Lawmakers House Republicans are lining up behind a long-sought effort to curb stock trading by members of Congress, signaling what party leaders say may be their strongest opportunity yet to address concerns that lawmakers can profit from insider information. (Image credit: Illustrated | Getty Images) The proposal, drafted by Rep. Bryan Steil (R-WI), chairman of the Committee on House Administration, would prohibit House and Senate members from purchasing individual stocks while in office . The measure, titled the Stop Insider Trading Act , has secured backing from House GOP leadership and support from Republicans across ideological factions. Steil plans to formally introduce the bill Monday. Lawmakers first attempted to rein in congressional trading with the 2012 Stock Act , which expanded disclosure requirements and explicitly banned trading on nonpublic information. But repeated efforts to go further - by restricting trading outright - have stalled despite broad public support and bipartisan interest. “I think we have an opportunity to improve upon the Stock Act, in particular to remove a lot of concerns Americans have that members of Congress are profiting off of insider information by engaging in stock trading,” Steil said in an interview ahead of the bill’s release. “Not only do I think this is the best chance, I think we will ultimately prove ourselves to be successful .” Under the proposal, lawmakers would be barred from making new purchases of individual stocks but could continue to buy and sell diversified investment funds . Members would not be required to divest existing stock holdings. Instead, the bill would create a mandatory presale disclosure system requiring lawmakers to file a public notice between seven and 14 days before selling an individual stock, with the option to withdraw the notice if they decide not to proceed. The legislation would also increase penalties for violations. Lawmakers w...
New Zealand business confidence surged to the highest in almost 12 years as aggressive central bank rate cuts spark an economic recovery. A net 48% of firms expect the economy to improve in the next 12 months, the New Zealand Institute of Economic Research said Tuesday in Wellington, citing its fourth-quarter survey of business opinion. That’s up from 18% in the third quarter and the highest read ...
New Zealand business confidence surged to the highest in almost 12 years as aggressive central bank rate cuts spark an economic recovery. A net 48% of firms expect the economy to improve in the next 12 months, the New Zealand Institute of Economic Research said Tuesday in Wellington, citing its fourth-quarter survey of business opinion. That’s up from 18% in the third quarter and the highest read since the first quarter of 2014. The Reserve Bank has cut its Official Cash Rate by 325 basis points since August 2024 and has signaled it is on hold, giving businesses confidence to hire and invest. Gross domestic product surged 1.1% in the three months through September and is projected to continue growing through 2026. Read more: New Zealand Economy Expands 1.1% as Rate Cuts Fuel Activity “The latest results suggest that New Zealand’s economic recovery is starting to take shape as the effects of lower interest rates flow through to the broader economy,” NZIER Principal Economist Christina Leung told a briefing. “There are signs that the recovery is gaining traction.” A net 3% of firms experienced a decline in their own trading activity in the final three months of 2025, while hiring increased in the quarter for the first time in two years. A net 23% of firms said they expected their own trading to improve in the three months through March while firms are more confident in hiring and investment. A net 22% plan to increase staff numbers and a net 7% expect to increase investment in plant and machinery. Still, there are early signs of capacity pressures emerging as demand grows, which may put pressure on prices and require a monetary policy response, Leung said. There are some signs of a tighter labor market, with a net 2% finding it harder to get skilled workers and 8% of firms reported that finding labor was the biggest constraint on growth, up from 4% in the third quarter, she said. “We are starting to see pockets of capacity pressure coming through,” Leung said. “If we ...
In trading on Monday, shares of Intellia Therapeutics Inc (Symbol: NTLA) crossed above their 200 day moving average of $11.35, changing hands as high as $11.45 per share. Intellia Therapeutics Inc shares are currently trading up about 10.3% on the day. The chart below shows th
In trading on Monday, shares of Intellia Therapeutics Inc (Symbol: NTLA) crossed above their 200 day moving average of $11.35, changing hands as high as $11.45 per share. Intellia Therapeutics Inc shares are currently trading up about 10.3% on the day. The chart below shows th
In trading on Monday, shares of Wingstop Inc (Symbol: WING) crossed above their 200 day moving average of $282.84, changing hands as high as $285.83 per share. Wingstop Inc shares are currently trading up about 3.9% on the day. The chart below shows the one year performance of
In trading on Monday, shares of Wingstop Inc (Symbol: WING) crossed above their 200 day moving average of $282.84, changing hands as high as $285.83 per share. Wingstop Inc shares are currently trading up about 3.9% on the day. The chart below shows the one year performance of
In trading on Monday, shares of Ocular Therapeutix Inc (Symbol: OCUL) crossed below their 200 day moving average of $10.63, changing hands as low as $10.49 per share. Ocular Therapeutix Inc shares are currently trading down about 5.1% on the day. The chart below shows the one
In trading on Monday, shares of Ocular Therapeutix Inc (Symbol: OCUL) crossed below their 200 day moving average of $10.63, changing hands as low as $10.49 per share. Ocular Therapeutix Inc shares are currently trading down about 5.1% on the day. The chart below shows the one
On Sunday, Google removed some of its AI Overviews health summaries after a Guardian investigation found people were being put at risk by false and misleading information. The removals came after the newspaper found that Google's generative AI feature delivered inaccurate health information at the top of search results, potentially leading seriously ill patients to mistakenly conclude they are in ...
On Sunday, Google removed some of its AI Overviews health summaries after a Guardian investigation found people were being put at risk by false and misleading information. The removals came after the newspaper found that Google's generative AI feature delivered inaccurate health information at the top of search results, potentially leading seriously ill patients to mistakenly conclude they are in good health. Google disabled specific queries, such as "what is the normal range for liver blood tests," after experts contacted by The Guardian flagged the results as dangerous. The report also highlighted a critical error regarding pancreatic cancer: The AI suggested patients avoid high-fat foods, a recommendation that contradicts standard medical guidance to maintain weight and could jeopardize patient health. Despite these findings, Google only deactivated the summaries for the liver test queries, leaving other potentially harmful answers accessible. The investigation revealed that searching for liver test norms generated raw data tables (listing specific enzymes like ALT, AST, and alkaline phosphatase) that lacked essential context. The AI feature also failed to adjust these figures for patient demographics such as age, sex, and ethnicity. Experts warned that because the AI model's definition of "normal" often differed from actual medical standards, patients with serious liver conditions might mistakenly believe they are healthy and skip necessary follow-up care. Read full article Comments
Zoetis CEO Kristin Peck says higher protein demand is driving demand for livestock vaccines. She speaks with Katie Greifeld at JPMorgan's annual health-care conference in San Francisco. (Source: Bloomberg)
Zoetis CEO Kristin Peck says higher protein demand is driving demand for livestock vaccines. She speaks with Katie Greifeld at JPMorgan's annual health-care conference in San Francisco. (Source: Bloomberg)
Google parent Alphabet Inc. on Monday became the fourth Big Tech powerhouse to be valued at $4 trillion, a once seemingly unfathomable milestone that's become more like a rite of passage amid an artificial intelligence arms race. Alphabet reached the threshold just four months after Google dodged the U.S. government's attempt to break up its internet empire following a ruling last year that brande...
Google parent Alphabet Inc. on Monday became the fourth Big Tech powerhouse to be valued at $4 trillion, a once seemingly unfathomable milestone that's become more like a rite of passage amid an artificial intelligence arms race. Alphabet reached the threshold just four months after Google dodged the U.S. government's attempt to break up its internet empire following a ruling last year that branded its ubiquitous search engine an illegal monopoly. In an effort to prevent further abuses, a federal judge overseeing the case ordered a shake-up that investors widely interpreted as a slap on the wrist, resulting in a 57% increase in Alphabet's stock price since then that has created an additional $1.4 trillion in shareholder wealth.
Key PointsArkfeld bought 67,977 shares of Sprouts Farmers Market; estimated trade size of approximately $6.10 million (based on quarterly average price).
Key PointsArkfeld bought 67,977 shares of Sprouts Farmers Market; estimated trade size of approximately $6.10 million (based on quarterly average price).
JPMorgan Chase, Bank of New York Mellon trade tightly ahead of a busy week of quarterly bank earnings reports. The post JPMorgan, Bank of New York Mellon Diverge On Earnings Results appeared first on Investor's Business Daily .
JPMorgan Chase, Bank of New York Mellon trade tightly ahead of a busy week of quarterly bank earnings reports. The post JPMorgan, Bank of New York Mellon Diverge On Earnings Results appeared first on Investor's Business Daily .
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me