April 16, 2024

Markets Now Tuesday, April 16, 2024

Trump’s stock tumbles again after Truth Social announces it’s getting into streaming

Investors in Trump Media & Technology Group’s stock are throwing in the towel.  
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Analysis: Geopolitical strife is roiling Wall Street. Here’s what investors are watching

Worries about an escalation of tensions in the Middle East rattled investors on Monday, with the Dow swinging 600 points over the course of the day to close about 250 points lower. That’s after the blue chip index dropped nearly 500 points on Friday.  
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Why Corporate America is keeping quiet on abortion

Eight years ago, when North Carolina tried regulate how transgender people use public bathrooms, Corporate America revolted.  
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WSJ: Justice Department will sue Live Nation for antitrust violations

The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans.  
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Stocks wobble after Powell warns that rate cuts will likely come later than expected

US stocks wavered Tuesday after Federal Reserve Chair Jerome Powell said a “lack of further progress” on inflation means the central bank likely won’t cut interest rates at its upcoming policy meeting just two weeks away, keeping them higher for longer.  
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Employers must give their workers time off for an abortion or pregnancy care, according to final federal rule

Most employers must offer “reasonable accommodations” to workers related to pregnancy or childbirth, including providing time off for an abortion, according to a final rule issued Monday by the Equal Employment Opportunity Commission.  
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Source: CNN Business

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