Judge rejects dismissal bid by Martin Shkreli’s lawyers as ‘Pharma bro’ braces for closing arguments

Get your seat cushions ready. Lawyers for Martin Shkreli lost a long-shot bid on Wednesday to get criminal charges against the ‘Pharma bro’ dismissed in Brooklyn, New York, federal court, after prosecutors and defense lawyers rested their cases. The...

Wall Street’s ‘fear index,’ the VIX, falls to record low under 9 after Fed statement

The CBOE Volatility Index (.VIX), widely considered the best gauge of fear in the market, fell Wednesday to its lowest on record. At 2:01 p.m., the VIX dropped below 9, hitting a low of 8.84, below the low of 8.89 from Dec 27, 1993. The VIX then popped back up to...