A Pre-I.P.O. Gift to Company Executives: ‘11th-Hour Options Discounting’

A Pre-I.P.O. Gift to Company Executives: ‘11th-Hour Options Discounting’

A new research paper finds that companies price stock options at steep discounts just before going public and take steps to obscure them.
Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.

Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.

Federal judges are weighing whether digital currencies should be subject to the same rules as stocks and bonds. The outcome could shape crypto’s future in the U.S.
Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes

Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes

The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.