Wall Street

How the SEC Profits from High-Frequency Trading

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"The markets are not rigged."

That's what U.S. Securities and Exchange Commission Chairwoman Mary Jo White told a House of Representatives panel on Tuesday.

She went on to say, "The U.S. markets are the strongest and most reliable in the world."

Of course she's right. The U.S. markets are the strongest and most reliable in the world.

But she's either blind or deluded if she doesn't know they are also rigged...

Wall Street News: Taxpayers Take $11.2 Billion Hit, and Sprint’s Big Buy

Wall Street news today, May 1, 2014: The markets closed on Wednesday in the black after the Federal Reserve committed to cutting another $10 billion from its bond-purchasing program.

This morning, Federal Reserve Chairwoman Janet Yellen will speak to kick off a heavy economic calendar.

Here’s what you need to know to make your Thursday profitable.

Dow Jones Today: Markets Slammed on Amazon, Ford’s Friday Slump

Dow Jones Today: A sharp Friday selloff turned markets negative for the week. The Dow Jones Industrial Average fell 139.87 points to finish the week at 16,361.78. The Nasdaq dropped 72.78 points to finish at 4,075.56 and the S&P 500 was down 15.20 points to close at 1,863.41.

Consumer discretionary stocks like Amazon.com Inc. and Ford Motor Co. were off big in afternoon trading. Ford announced quarterly profits fell by 39% due to an increased allocation of money to fix defects and currency devaluations in South America.

In addition, uncertainty over Russia’s decision on how to handle Ukraine is wearing on investors.

Here’s your recap of today’s major market events...

Stock Market Today: Historic Merger Mania, Buffett on the Bubble, and More

It could be a tough day for markets. Violence in Ukraine has escalated, triggering concerns that Russia may invade the nation in the coming days. Following the killing of pro-Moscow rebels by Ukrainian soldiers, Russia has begun war games along the border.

Aside from the conflict in Ukraine, here are the five stories you need to know in the stock market today, including AMZN earnings, $1 trillion in merger mania, Warren Buffett on the "bubble," and more...

Dow Jones Today: Markets Snap Out of Winning Streak

U.S. stocks slid on the Dow Jones today (Wednesday). The index lost 0.08% to close at 16,501.65. The Standard and Poor's 500 Index and the Nasdaq Composite were both unable to deliver a seventh consecutive winning session. The S&P dropped 0.22% to close at 1,875.39, while the Nasdaq fell 0.83% to finish at 4,126.97.

Despite the downturn, it was an extremely busy day on Wall Street and in the financial world, especially for tech giant Amazon and coffee king Starbucks.

Here's a recap of major events affecting U.S. markets today...

The Dow Jones Industrial Average Is a Big Lie

nyse-why-is-the-stock-market-closed-on-good-friday

Tag page copy: The Dow Jones Industrial Average is the most inaccurate and distorted of all stock indices - and yet it remains the most followed stock market index.

Many of the Dow's flaws are well-known, but that hasn't stopped people who should know better from following its every move.

There are plenty of reasons why the retail investor needs to take the Dow Jones Industrial Average with a grain of salt - and at least one of them will surprise you.

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