Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
Cannabis advocates have a lot to celebrate this April 20, the unofficial marijuana holiday.
Efforts to legalize marijuana are gaining momentum at both the state and federal level. Congress legalized marijuana's close cousin, hemp, in December. And public support for cannabis is higher than ever.
"Never in modern history have we had more political support and momentum for ending policy of marijuana prohibition," said Justin Strekal, political director of NORML, a marijuana legalization advocacy group. "Now, the real questions that are being discussed throughout the halls of Congress and state legislatures and in dining rooms nationwide is no longer if but how, and the how matters."
Recreational use of marijuana is now legal in 10 states and Washington, D.C. Michigan became the first state in the Midwest to allow adult recreational use last year. New Jersey, Connecticut, New York, Illinois, New Hampshire and Rhode Island are actively considering similar laws, while even more state policymakers are supporting legalization.
Fourteen states have decriminalized marijuana and 33 allow medicinal marijuana use.
Full federal legalization is likely still far off, but lawmakers are warming up to the idea. Democratic presidential hopefuls, including Massachusetts Senator Elizabeth Warren and Vermont Senator Bernie Sanders, have embraced legalization. Some lawmakers are also pushing for criminal justice reform.
New Jersey Senator and 2020 Democratic hopeful Corey Booker in February reintroduced the Marijuana Justice Act, which would legalize weed and automatically expunge marijuana convictions from people's criminal records.
A House committee recently marked up a bill that would allow banks to serve cannabis companies. Marijuana Moment is tracking 1,038 cannabis bills in state legislatures and Congress for the 2019 session.
"There's been a growing public dialogue that just feeds on itself," said Marijuana Policy Project spokesman Mason Tvert.
"In the last couple years and particularly this year, things are starting to change," said Morgan Fox, spokesman for the National Cannabis Industry Association.
More Americans support legalizing marijuana than ever before, with two-thirds saying they think it should be made legal, according to a Gallup poll published in the fall. That's up from less than one-third in 2000.
People will start hearing about cannabis much more thanks to Congress in December legalizing marijuana's close cousin hemp. Companies are now adding CBD, a non-intoxicating cannabis compound, in everything from seltzer to cheeseburgers.
Yet despite the apparent optimism around cannabis, the feelings aren't universal. One-third of Americans don't think marijuana should be legal, according to the same Gallup poll. New Hampshire lawmakers passed a bill legalizing marijuana but the state's governor has vowed to veto it.
"We've still got a long way to go," Strekal said. "We've made remarkable progress, and we're looking to build on that momentum."