Whistleblower accuses manipulation of VIX gauge
An anonymous whistle-blower alleges a manipulation scheme targets the VIX, the market fear gauge, by posting S P options quotes at Cboe Global Markets to move volatility without capital trading. The letter, sent to U S regulators, claims firms profit from a flaw while market swings intensify and losses mount.
MENTIONED IN THIS ARTICLE
VIX
Wall Street
U.S
Securities and Exchange Commission
Commodity Futures Trading Commission
Stone Brewing sues MillerCoors over Keystone Light naming
Stone Brewing of Escondido files federal suit in San Diego alleging trademark infringement after MillerCoors redesigned Keystone Light to emphasize the word Stone. Stone claims packaging and ads create a wall of Stone and extend the infringing name beyond Keystone’s audience. Stone cites 12 million gallons produced in 2017 and $242 million revenue as context amid a craft beer market shift.
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Greg Koch
Stone Brewing
MillerCoors
San Diego
Escondido
Calif
Stone
Keystone Light
Keystone
Facebook
Espn.com
U.S
Anheuser- Busch InBev
Berlin
Richmond
What to watch investors fear spike in inflation
Inflation now toys with stock investors as rising prices threaten higher interest rates. Markets eye January CPI after a strong February jobs report showing fastest wage growth since 2009. Economists expect CPI up 1.9 percent year over year, core CPI at 1.7 percent. A readings in line with expectations could bring relief, but upside surprises may pressure stocks and bonds amid a recovery and ongoing stimulus.
MENTIONED IN THIS ARTICLE
Kathy Jones
Schwab Center For Financial Research
Jones
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