His administration wants to discourage inventory buybacks, which critics say enable ultra-wealthy executives to manipulate markets whereas funneling company income into their own pockets as a substitute of the financial system. Last yr, corporations within the S&P 500 repurchased a report $882 billion of their own shares. That quantity is on observe to attain $1 […]

The post Companies are spending more than ever buying their own stock, Joe Biden wants to put a stop to that & More CNN News Here appeared first on CableFreeTV.

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