Wall Street

Former SEC Chair on expected new rules for SPACs

Former SEC Chairman Harvey Pitt weighs in on the securities regulator reportedly expected to reveal a proposal to tighten its rules on special purpose acquisition companies after a frenzy of recent deals sparked some concerns. 

US companies add 455,000 jobs in March, ADP report shows

U.S. companies hired employees at a healthy clip in March, suggesting the labor market is still strong and that businesses are eager to fill a near-record of open positions, according to the ADP National Employment Report released Wednesday morning.

Oil market over time will 'adjust': Portfolio manager

Dan Katz, a co-founder and portfolio manager at Amberwave Partners, argues exports of Russian energy products that were previously going to the West, will start to go to other buyers and unless it's kept off the market, Putin will still benefit.