The SEC proposed rescinding Rule 14a-8 and amending proxy rules, saying the shareholder proposal rule exceeds its authority and intrudes into state corporate law.
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Markets, money, and the people behind them.
Fed raises rates to 3-3/4 to 4 percent as inflation stays elevated
Fed raises rates to 3-3/4 to 4 percent as inflation stays elevated
The Federal Reserve lifted its benchmark rate by a quarter point on Sept. 16, 2026, while leaving unresolved how long elevated inflation and geopolitical uncertainty will shape future policy.
SEC Proposes Rescinding Shareholder Proposal Rule and Proxy Reforms
SEC Proposes Rescinding Shareholder Proposal Rule and Proxy Reforms
Wholesale sales rise 0.3% in July 2026
Wholesale sales rise 0.3% in July 2026
Wholesale sales rose 0.3% to $93.1 billion in July 2026, led by building material and supplies and food, beverage and tobacco, while volume sales fell and Quebec declined.
SEC Grants Exemptive Relief From Certain Inline XBRL Filing Requirements
SEC Grants Exemptive Relief From Certain Inline XBRL Filing Requirements
The SEC granted exemptive relief from certain Inline XBRL filing requirements for market intermediary forms, aiming to cut compliance costs without reducing investor protection.
Manufacturing sales fall 0.4% to $78.7 billion
Manufacturing sales fall 0.4% to $78.7 billion
Total manufacturing sales fell 0.4% to $78.7 billion in July after five consecutive monthly increases, with declines in 8 of 21 subsectors, while inventories and unfilled orders hit record highs.
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CORRECTION · Sep 30
A Friday story misstated the transit fund's size as $2.1B. It is $4.2B. We regret the error. Our standards