September 14, 2018

For more than a century, the Dow Jones Industrial Average has tracked the stock market performance of the country’s largest publicly owned companies. And from the very beginning General Electric was an essential component of this distinguished group. As the years went by and the company expanded into all sorts of industries, its continued dominance of the business world appeared all but guaranteed.

Then came the 2008 financial crisis. The collapse of the housing market dealt an enormous blow to Continue reading

Continue reading...

December 8, 2016

JaminGrayIn 2014 a New York appeals court nearly changed the way that lawmakers deal with cases of insider trading. The dispute centered around two hedge fund managers who passed along confidential information between tipsters like a game of telephone. While the pair had been convicted in their first trial, the decision was eventually overturned upon appeal. This set a precedent for insider trading cases in which the prosecution had to prove that the tipster directly received some sort of compensation Continue reading

Continue reading...

October 1, 2013

The Dow Jones Industrial average is often considered a bellwether for the economy. This stock index of 30 large publicly traded American companies offers a snapshot of the nation’s fiscal wellbeing for analysts and day traders alike. Regardless of its popularity, however, the Dow is hardly perfect. Deciding which companies comprise the index is a delicate process that sometimes omits major players. For instance, a couple years ago we shared a story in the newsletter about Apple’s absence from the Continue reading

Continue reading...