WASHINGTON A U.S. consumer watchdog on Thursday proposed new rules to block credit card companies, banks and other companies from forcing customers to waive their rights to join class action lawsuits and only settle disputes through arbitration.
The S&P 500 and the Dow were higher in late morning trading on Thursday as a rise in oil boosted energy shares, but gains on Nasdaq were limited as Tesla (TSLA.
A fuel cell used to capture and sequester carbon emissions, at the headquarters of FuelCell Energy in Danbury, Conn. Credit Christopher Capozziello for The New York Times.
Stocks on Thursday followed crude oil higher as both a massive Canadian wildfire and fighting in Libya threatened to disrupt output.
NEW YORK May 4 Stanley Druckenmiller, chief executive of Duquesne Family Office LLC, said on Wednesday he is bearish on the U.S. stock market, given the negative impact of the U.S.