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Market Overview

Abigail Field

Benzinga Staff Writer

About

I'm an attorney, writer and editor with a strong public policy background. I prefer to come at issues from the consumer and taxpayer perspective. The areas I have the most experience in include banking and consumer finance, pharmaceuticals, tax policy, campaign finance, environmental issues and labor law.
June 12, 2014 3:35 PM
On Thursday the U.S. Supreme Court apparently ruled for common sense: yes, POM Wonderful can sue Coca-cola (NYSE: KO) for advertising its Minute Mai ...
May 05, 2014 11:21 AM
Public companies are generally not controlled by few shareholders; however, as more companies adopt "dual class" structures the numbers will continu ...
May 04, 2014 5:58 PM
The jury in the second battle in Apple (NASDAQ: AAPL) vs. Samsung (OTC: SSNLF) patent war just ordered Samsung to pay Apple nearly $120 million for ...
April 30, 2014 8:19 PM
The Federal Housing Finance Agency (FHFA) has settled the smallest securities fraud suit that remained of the 18 it had filed back in 2011, regardin ...
April 29, 2014 5:03 PM
On Tuesday the House Ways and Means Committee sent a package of bills to the House floor, that would cost American taxpayers hundreds of billions of ...
April 29, 2014 2:19 PM
As headlines tout negotiations of a $13 billion mortgage settlement between Bank of America (NYSE: BAC) and JPMorgan Chase, it's important to remember ...
April 28, 2014 3:49 PM
What will Darrell Issa (R-Calif.), Chairman of the House Oversight Committee, do? Ranking Member Rep. Elijah Cummings (D-Md.) has asked him to hol ...
April 25, 2014 11:01 AM
Charles Edwards, the Acting Inspector General of the Department of Homeland Security (DHS), was worse than a silent, toothless watchdog, according t ...
April 24, 2014 4:22 PM
Recent housing market data has been broadly negative. Despite some analysts blaming "'weather" or other causes that imply that really, just around ...
April 23, 2014 3:27 PM
Benjamin Lawsky, New York’s first Superintendent of Financial Services, is wading further into the muck that is Ocwen Financial Corporation's (NYS ...
April 22, 2014 12:53 AM
Four years ago this month, BP's (NYSE: BP) Deepwater Horizon oil rig exploded. The accident killed 11 people, injured 17 more and sent oil gushing i ...
April 17, 2014 3:06 PM
The Government National Mortgage Association (Ginnie Mae) recently discovered that Bank of America (NYSE: BAC) is missing key documents relating to ...
April 15, 2014 4:06 PM
Every year that multinational corporations and wealthy individuals lower their U.S. tax bills by stashing profits in off-shore tax havens, you pay m ...
April 14, 2014 1:27 PM
As of 2013, the most recent year in the analysis, Frontier Airlines ranked as second most complained-about, reflecting a spike that began in 2012 an ...
April 14, 2014 1:22 PM
Facebook (NASDAQ: FB), like its users, was victimized by Jerk.com according to the Federal Trade Commission’s complaint. As detailed in Part 1, ...
April 12, 2014 3:56 PM
Real estate is a mosaic of illiquid local markets rather than a efficient national market, so it is a little misleading to talk about the 'housing m ...
April 10, 2014 4:06 PM
Jerk.com has apparently exceeded its name. A better moniker might be www.LyingStealingExploiting.com, according to charges detailed in the Federal T ...
April 08, 2014 8:56 AM
On Tuesday, the House Ways and Means Committee holds a hearing to discuss making permanent several of multinationals’ favorite tax code provisions ...
April 07, 2014 12:32 PM
UPDATE 4-18-14: Governor LePage has until the end of April to sign the bill. The 10 days did not start running when the bill passed both houses. Inste ...
April 04, 2014 7:37 AM
The “CFC Look Through” Rule, aka the Apple Loophole Yesterday the Senate Financial Services Committee passed the “Expiring Provisions Improv ...
April 03, 2014 7:45 AM
The “Active Financing” Exception, aka the GE Loophole Congress has becoming infamous for doing nothing, as people who have lost their unemploy ...
April 02, 2014 7:02 AM
When companies “pay” huge amounts of money to settle claims that they broke the law, don’t believe the hype: the bill may be a lot less than adv ...
April 01, 2014 7:24 AM
The government has to pay its bills. So every time someone else uses a loophole to pay less taxes, you pay more.  That doesn’t mean every tax ...
March 05, 2014 2:17 PM
Venezuela's Hugo Chavez died a year ago today, and the country still isn't coping well. Major civil unrest is challenging Chavez's replacement, Pr ...