Government

The huge sell-off in the U.S. stock market this week has gotten the attention of both investors and market experts. Billionaire Omega Advisors hedge fund manager Leon Cooperman called out the U.S. Securities and Exchange Commission on Thursday for its role in the volatility. What He Said Cooperman...

Canadian authorities at the request of American law officials arrested Huawei's global CFO Wanzhou Meng for allegedly violating Iran sanctions. The news shook markets Thursday, as investors fear U.S.-China trade tensions could pick up. How worried should investors be? That depends who you ask....

The Chinese embassy to Canada demands immediate release of Huawei's global CFO arrested in Vancouver Dec. 1 on behalf of U.S. authorities, according to late Wednesday reports. What Happened Canada detained Wanzhou Meng with intentions to extradite her to the U.S. for charges filed in a Brooklyn...

A new report out of Washington on the U.S. Postal Service could be bad news for Amazon.com, Inc. (NASDAQ: AMZN). What Happened A report on the state of the USPS requested by President Trump back in April was released this week by the Treasury Department. The report concludes that the USPS isn't...

Utah lawmakers passed a medical marijuana compromise bill weeks after the state's voters approved Proposition 2 to legalize medical marijuana. The legislation is more restrictive than the proposal that came before voters.  What Happened On Monday, Utah lawmakers voted...

Commentary Okay, so the G20 Summit turned out to be a bigger deal than some of us predicted. It seemed like the stuff of posturing and hot air. It was hard to see anything substantive changing from the weekend meetings of the G20 nations in Argentina. In some sense, you might still say that nothing...

Carmakers gained momentum Monday after President Donald Trump announced reduced trade barriers in one of the largest global markets. What Happened Trump tweeted late Sunday that China would cut its burdensome import tariffs on American vehicles. “China has agreed to reduce and remove tariffs...

A few U.S. cannabis stocks traded sharply higher Wednesday afternoon following a positive update on the upcoming farm bill. What Happened Sen. Pat Roberts, a Republican from Kansas who chairs the Senate Agriculture Committee, said the farm bill has made a big step forward. Even though the bill is...

General Motors Company (NYSE: GM) stock is down 3 percent Tuesday afternoon after U.S. President Donald Trump threatened to retaliate against the company after it announced it would be closing U.S. plants as part of a large corporate restructuring. What Happened GM announced Monday it plans to...

Michigan's marijuana legalization process is falling into place after voters gave the green light in the midterm election. The law legalizing adult use is set to take effect Dec. 6. What Happened The Michigan Board of Canvassers has officially certified the results of the Nov. 6 election. This...

Prior to 2015, if a business wanted to raise money, their options were rather limited. The most established avenues—doing an initial public offering and raising private capital—were only readily available to the most mature companies and accredited investors. But that changed with the...

The federal government passed legislation this evening to end the strikes by Canada Post workers that have disrupted deliveries around the country during peak holiday season. As various news outlets reported, the Senate voted 53-25 to pass the back-to-work bill, which was rushed through the House...

With Canada's House of Commons having voted Saturday in favor of legislation that would end the rolling walkouts at Canadian postal service Canada Post that have hit various parts of the country, the Canadian Senate will take up the bill Monday. The vote in the Commons was not close: 166-43 Sen...

U.S. President Donald Trump told The Wall Street Journal in an interview published Monday his administration is considering slapping a 10 percent additional tariff on Apple Inc. (NASDAQ: AAPL) iPhones and other products from China. According to Wedbush, Trump's comments won't be taken...

New Jersey is on path to become the next state to legalize recreational marijuana. A joint Assembly and Senate committee voted Monday on a bill that would legalize recreational marijuana and impose taxes on sales. What Happened The legalization of recreational marijuana is one bill in a...