The Pelosi’s are back making major moves in the stock market. The husband of the 52nd speaker of the House, Paul, unloaded over $500,000 worth of Visa stocks less than three months before the massive credit card company was hit with federal antitrust charges, according to public documents.
Read More Paul Pelosi Sold Over $500K in Visa Stocks Weeks Before DOJ Antitrust Lawsuit
Billionaire hedge funder John Paulson has claimed he will remove his money from the U.S. markets if Vice President Kamala Harris stays in the White House for another four years in the upcoming November presidential election.
Read More Billionaire John Paulson Vows to Pull Investments from Stock Market if Harris Wins Presidency
Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.
Read More Wall St subdued as investors await Fed decision with bated breath
Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this year.
Read More Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
Billionaire investor Warren Buffett’s conglomerate Berkshire Hathaway has sold nearly $1 billion worth of shares in Bank of America in the past week.
Read More Warren Buffett Firm Berkshire Hathaway Sells Nearly $1B In Bank Of America Shares
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.
Read More Wall Street mixed as investors weigh GDP data after tech mauling