Sat.Sep 03, 2022

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Stock buyback tax could have broader impact: EY

CFO Dive

The 1% excise tax on stock repurchases was part of the Inflation Reduction Act and comes as the brisk pace of share buybacks has downshifted.

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MiB: Lynn Martin, President of the NYSE

Barry Ritholtz

This week, we speak with Lynn Martin , President of the NYSE , which is part of the Intercontinental Exchange. NYSE is the world’s largest stock exchange, with 2,400 listed companies and a combined market cap of ~$36 trillion dollars. She began her career at IBM in its Global Services. We discuss the IPO process and how many companies go public, primarily to raise capital and create liquidity.

Finance 121
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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of Bean Box coffee, grab a seat on the beach, and get ready for our longer-form weekend reads: • Americans are terrible at taking vacations. Why are U.S. workers so bad at taking time off? U.S. companies are stingy with vacation time when compared with other countries. But U.S. workers can’t seem to leave work at work anyway. ( Grid ). • In Seattle, It’s Almost Normal : The pandemic may have left some gaps in the urban fabric, but a neighborhood-by-neigh

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