This post was originally published on this site
Corporate earnings are on track for their best year ever, but at least some of the corresponding rise in stock prices is because of buybacks — a piece of financial alchemy that critics say diverts money from more important uses like expanding business and paying workers more.
This story was originally published on CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/business/stock-buybacks-analysis-1.4771344?cmp=rss.
