The SEC wants to make trading stocks cheaper for the average investor

Filip De Mott 

Sep 18, 2024, 10:47 AM PDTShareSave

Gary Gensler, the chair of the SEC.
Gary Gensler, the chair of the SEC. Evelyn Hockstein/Associated Press
  • The SEC on Wednesday approved a change that will allow some stocks to be quoted in half-penny increments.
  • The measure will narrow bid-ask spreads and reduce costs for investors, the SEC said.
  • As many as 1,700 stocks could be impacted by the change.
Insider Today

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview

Read More

or

Go directly to this Business Insider article

How to invest in the S&P 500


Published 10:08 a.m. UTC June 15, 2023

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors’ opinions or evaluations. Please view our full advertiser disclosure policy.

Featured Image
Nuthawut Somsuk, iStock/Getty Images Plus

Key points

  • The S&P 500 is a stock index of the largest U.S. companies.
  • You can buy individual stocks included in the S&P 500 or invest in S&P 500 funds. 
  • Consider the pros and cons of investing in the S&P 500 to determine how it fits into your strategy.

How to invest in the S&P 500: A guide for beginners (usatoday.com)

Read More

or

Go directly to this USA Today article

Investors renew focus on inflation data as Fed weighs size of expected September rate cut

The big question for market participants is whether a 50-basis-point rate cut would mean a recessionary environment `is more probable than the Fed is comfortable with,’ one portfolio manager says.

By 

Vivien Lou Chen

Last Updated: Sept. 18, 2024 at 6:10 p.m. ET
First Published: Sept. 8, 2024 at 12:01 p.m. ET

Wednesday’s consumer-price index is seen as likely to play a key role in whether the Federal Reserve ends up cutting interest rates by either 25 or 50 basis points in less than two weeks. Photo: MarketWatch photo illustration/iStockphoto, Getty Images

Read More

or

Go directly to this MarketWatch article

Domestic students have been paying less in real terms every year

A graduation ceremony at a University Campus.
Photograph: Alamy

Sep 18th 2024Share

In 2012 politicians in Britain burned lots of political capital by raising the cap on how much English universities can charge domestic undergraduates in tuition fees. Sir Nick Clegg, the deputy prime minister at the time, had previously pledged not to raise fees and never lived down the U-turn. This political folk memory helps explain why the Labour Party, which took power in July and has campaigned in the past to abolish tuition fees, will find it difficult to raise the cap again. That is nonetheless what it should do.

Read More

or

Go directly to this Economist article

Will Lower Rates Unleash a Business Boom? It’s Complicated.

For corporate America, this week’s expected interest rate cut carries risks along with rewards.

A building with the words “Federal Reserve” carved into the facade.
The Federal Reserve is expected to cut interest rates this week, by either a quarter or a half a percentage point.Credit…Haiyun Jiang/The New York Times
Rob Copeland
Joe Rennison
Jeanna Smialek

By Rob Copeland Joe Rennison and Jeanna Smialek

Rob Copeland covers banking and Wall Street from New York, Joe Rennison writes about markets from New York and Jeanna Smialek reports on the Federal Reserve in Washington.

  • Sept. 17, 2024

Read More

or

Go directly to this New York Times article

Google Wins Fight Over €1.5 Billion EU Fine for Ads Abuse

  • General Court says EU regulators made mistakes in AdSense case
  • Wednesday’s ruling can be appealed at bloc’s highest court

Have a confidential tip for our reporters? Get in TouchBefore it’s here, it’s on the Bloomberg Terminal LEARN MORE

By Samuel Stolton

September 18, 2024 at 12:49 AM PDT

Updated on 

Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly atoning for last week’s crushing defeat in a separate judgment for abusing its monopoly powers.

Read More

or

Go directly to this Bloomberg article

Moderna shares plunge on plans to cut $1.1 billion in costs, launch 10 new products by 2027

Published Thu, Sep 12 20246:00 AM EDT Updated Thu, Sep 12 202411:50 AM EDT

thumbnail

Annika Kim Constantino@annikakimc

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

Key Points

  • Moderna said it plans to cut $1.1 billion in expenses by 2027 as it charts a path forward after the rapid decline of its Covid business. 
  • The biotech company said it expects 10 new product approvals through 2027.
  • But Moderna is also deprioritizing certain parts of its pipeline, which involves pausing work on some products and scrapping others.

Read More

or

Go directly to this CNBC article