Investing and Transactions

Barstool Sports founder Dave Portnoy called venture capital investor Chris Sacca "an idiot" after Sacca shared "a little hard truth" for new investors.

Depending on how your retirement funds were invested, your balance may or may not have been growing in lockstep with the market.

As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share. 

The U.S. is preparing to place dozens of Chinese companies, including the Semiconductor Manufacturing International Corp, on a trade blacklist, citing national security concerns, Commerce Secretary Wilbur Ross said Friday morning. 

The Internal Revenue Service (IRS) explicitly asks taxpayers to disclose their cryptocurrency transactions on the newest tax form, making it easier for the federal government to tamp down on fraud or tax evasion later down the line. 

Robinhood got its second slap from regulators this week.

Massachusetts securities regulators ripped Robinhood for "luring young and inexperienced customers to make more and more trades..."

The Biden transition team has quietly added a group of individuals that will likely face pushback from the progressive wing of the Democratic party, including two Goldman Sachs veterans, one Google employee and three Facebook employees. 

Fractional shares are an easy way for small investors to buy a piece of Tesla or Apple, but many are using it as a way to slowly accumulate exchange-traded funds that give them a small piece of the broader market.

Goldman is appealing a decision allowing a class action accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 financial crisis.

Alex Rodriguez teamed up with his “mentor” on a new Miami-based project.

To put into perspective just how hot the healthcare stock has been this year, consider that investing in Moderna would have generated better returns than if you'd invested in electric car maker Tesla, which is up more than 680%.

Airbnb will price its initial public offering at $68 per share, people familiar with the matter told the Wall Street Journal, far exceeding its previously announced target range of $56 to $60 a share.  

President-elect Joe Biden is facing mounting pressure from progressives to cancel student loan debt on his first day in the White House – but doing would do little to boost the nation's pandemic-stricken economy, according to a new analysis.

Goldman Sachs Group Inc. is moving to acquire 100% ownership of its securities joint venture in China, deepening its investment in the world’s second-largest economy after partnering with a domestic brokerage for 17 years.

Tesla just joined a small but exclusive club giving Elon Musk a bump on the Forbes billionaire list.

The potential development comes on the heels of several other investment companies moving from the Big Apple to down South — and battering New York’s bottom line with the loss of white-collar jobs.

Big money is sensing a new day in the global oil markets.

Elon Musk's Tesla may make history when it enters the S&P 500 Index in December.

Stock trades made by wealthy Sen. David Perdue, R-Ga., raised the eyebrows of the Justice Department this spring, after they came across an email that suggested he was made aware of “upcoming changes” within a company two days prior to a major stock sale.