Stocks

Jerome Powell says Fed to change trading rules for central bank officials

Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. central bank's current rules dictating what its officials are allowed to invest in and trade are "not adequate" and need to be updated after recent disclosures showed that two Fed officials actively traded markets in 2020.

Robinhood crypto wallets confirmed

Robinhood announced Wednesday that a select number of its customers will begin testing crypto wallets for the retail trading platform starting next month.

Stocks finish mixed with Fed meeting on tap

U.S. stock indexes finished mixed on Tuesday with both the Dow Jones Industrial Average and the S&P 500 index slipping into negative territory just before the closing bell as investors took a cautious approach ahead of Wednesday's Fed meeting.

SEC investigating Activision Blizzard over workplace practices, disclosures

The agency is asking for records including minutes from Activision board meetings since 2019, personnel files of six former employees, separation agreements the company has reached this year with staffers, and CEO Bobby Kotick's communications with other senior executives regarding complaints of sexual harassment or discrimination by Activision employees or contractors.