PRO Act, called ‘most important labor legislation in several generations,’ passes House

The U.S. House of Representatives on Tuesday passed the PRO Act, which supporters called the most significant labor legislation in decades and opponents characterized as a gift to unions at the expense of workers. The bill would provide new protections to workers seeking to unionize and penalize companies that violate workers’ rights. Significantly, amid the […]

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Weekend reads: Hot IPOs for DoorDash and Airbnb point to an overheated stock market

Shares of DoorDash Inc. DASH and Airbnb Inc. ABNB shot straight up after the companies’ initial public offerings this week. That sort of exuberance can be a sign that a bull market is in a late stage. Mark Hulbert interviews Jay Ritter, a finance professor at the University of Florida who has researched the IPO […]

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