Politics

4/20 is here, and in time for International Weed Day, Senate Minority Leader Chuck Schumer (D-N.Y.) announced plans to introduce a bill to decriminalize cannabis on a federal level next week. “The war on cannabis costs U.S. taxpayers $3.6 billion per year. 46 percent of all drug arrests are...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 35 years ago, President Ronald Reagan signed the Social Security Amendments of 1983. Where The Market Was The Dow finished the day at 1,191.47. The S&P 500 traded...

April is shaping up to be a great month for marijuana. Last week, President Donald Trump announced the federal government would not interfere with states’ rights to decide their cannabis laws and former Speaker of the House John Boehner joined the board of directors of New York-based...

Wells Fargo & Co (NYSE: WFC) has agreed to pay a $1-billion fine to the government related to abusive lending and auto insurance practices. What Happened Wells Fargo said Friday that it has agreed to a $1-billion settlement with the Consumer Financial Protection Bureau and the Office of the...

President Donald Trump’s tweets are once again moving financial markets, only this time it’s oil taking a hit. What Happened On Friday morning, Trump tweeted that OPEC has driven oil prices “artificially very high,” a move that “will not be accepted.” Looks...

EventShares was the first issuer of exchange-traded funds appeal to investors' political proclivities by introducing actively managed funds designed to benefit from the policies of both major U.S. political parties. The firm also previously introduced the EventShares U.S. Tax Reform Fund, an...

China's emergence as a global leader of investment in clean energy projects poses serious threat to U.S based operators for the Alternative Energy industry. China has been a frontrunner in terms of solar module manufacturing and it has made substantial wind power investments in 2017 to expand...

Two words summarize last week’s most relevant event for the cannabis industry: John Boehner. The former House speaker announced his views on cannabis had evolved and, in support of legalization, he was joining the board of directors of New York-based marijuana company Acreage Holdings. To...

Amid a potential trade war with China, President Donald Trump directed staff to look into renegotiating U.S. participation in the Trans-Pacific Partnership agreement, according to reports. "That's really good news for America," Sen. Ben Sasse (R-Nebraska) said following a White...

Russian stocks and the corresponding exchange traded funds have been in the spotlight recently as the country continues its support of controversial Syrian President Bashar al-Assad. Russia ETFs were punished after al-Assad reportedly ordered a chemical attack in the Syrian town of Douma, which...

The new House farm bill could have a major impact on the supplemental nutrition assistance program, also known as food stamps. The stocks of grocers that accept SNAP benefit cards — such as Walmart Inc (NYSE: WMT), Target Corporation (NYSE: TGT), Kroger Co (NYSE: KR) and SUPERVALU INC. (NYSE...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 73 years ago, stocks traded higher after U.S. President Franklin D. Roosevelt died in office. Where The Market Was The Dow finished the day at 159.75. The S&P 500...

Facebook, Inc. Common Stock (NASDAQ: FB) CEO Mark Zuckerberg’s 10 hours of testimony were not in vain. The two-day congressional hearing over Facebook’s consumer data and influencer security catalyzed an equally long run in the company’s stock, and some consider the rally the...

Speaker of the House Paul Ryan has announced his retirement, a decision that has sparked talk that President Donald Trump could be vulnerable to impeachment prior to the 2020 election. With Ryan on the way out the door, some experts say Republicans may have trouble raising money ahead of the...

Few state representatives are as well-known as Carlos Guillermo Smith (FL-D). Over the past year or so, Smith — who defines himself as LGBTQ Latinx, a gender-neutral term often used in lieu of Latino or Latina — has received attention for his overt support of cannabis...