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Finance

Latest News

U.S._Treasury_Dept

February 12, 2021 at 7:07 pm

Biden Administration Sitting on $1 Trillion in Unspent Wuhan Virus Relief Funds…

Before the Biden administration takes another $1.9 trillion out of the nation’s wallet for COVID-19 relief, fiscal hawks are urging the White House to first spent about $1 trillion in unspent previously approved virus money…

Minimum_Wage_AP_M_Spencer_Green

February 11, 2021 at 7:34 pm

The U.S. Chamber of Commerce Has Buyer’s Remorse After Helping to ‘Fortify’ the Election…

Yet the U.S. Chamber of Commerce partnered with these progressive groups and somehow expected Biden would not implement those groups’ radical wish list…

Joe_Biden_AP_Julio_Cortez

February 11, 2021 at 7:09 pm

REPORT: $15 Minimum Wage Would Lift 900k ‘Out of Poverty,’ but Put 1.4 MILLION Out of Work…

Raising the federal minimum wage to $15 an hour, as President Joe Biden has proposed, would cost 1.4 million jobs over the next four years while lifting 900,000 people out of poverty, according to a Congressional Budget Office report Monday…

New_York_Stock_Exchange_NYSE

February 10, 2021 at 8:07 pm

NYSE Chief Warns It May Leave New York If Stock Transfer Tax Is Imposed…

The idea of a new transaction tax seems to have little support with the governor’s office…

Nancy_Pelosi

February 10, 2021 at 7:17 pm

Pelosi’s Husband Put $1M on Tesla RIGHT BEFORE Biden Announced Fleet to Turn Electric…

“Paul Pelosi bought 25 call options costing between $500,000 and $1 million, according to a financial disclosure dated Jan. 21 reviewed by FOX Business…

Bitcoins_Reuters

February 10, 2021 at 7:05 pm

Tesla Invests $1.5B in Bitcoin, Will Start Accepting It As Payment…

One analyst calls the automaker’s embrace of the cryptocurrency a potentially ‘game-changing move’…

15_dollar_minimum_wage_bernie_sanders

February 5, 2021 at 5:29 pm

BERNIE SANDERS: ‘It Was Never My Intention to Raise the Minimum Wage Immediately and During the Pandemic’…

Sanders among senators who unanimously passed Republican budget amendment to block $15 minimum wage in Covid stimulus package…

Banks_Economy_GettyImages_626

February 3, 2021 at 6:42 pm

The GameStop Rebels vs. “Too Big to Fail”…

Last week, a large number of small-time investors drove up the price of GameStop’s (GME) stock a historic 1,784 percent. But this was no mere spike in some obscure stock…

Farmer_agriculture

February 3, 2021 at 6:06 pm

JoeBama to Divert $30 Billion in Aid Trump Left for Farmers to Climate Change without Waiting for Congress…

The Trump Administration left $30 billion to help farmers suffering from the trade wars but Biden is going to divert the money to climate change pet projects…

Joe_Biden_Georgia_Special_Election_2020

February 3, 2021 at 5:09 pm

Hey Georgia Voters You’ve Been Schnookered!: JoeBama Breaks Promise to Georgia Voters – You Won’t Be Receiving $2k Stimulus Checks…

Joe Biden is officially breaking his promise to provide all Americans with a $2,000 direct stimulus check. Instead, Biden and Democrats in Congress plan to ram through a bill for a $1,400 stimulus check, claiming that the $600 provided by Republicans under the Trump administration was a “down payment” for the total of $2,000…

Jeff_Bezos_Money

February 2, 2021 at 7:56 pm

Amazon Reports Blowout Quarter, Jeff Bezos Stepping Down As CEO…

Amazon was expected to post a record year, its sales supercharged by the pandemic with the online retail giant among the main beneficiaries. The debate retail watchers are having now is the extent to which people are going to go back to physical stores when the virus recedes…

laurie_cox_stroppel_hotel_south_dakota_AP

February 1, 2021 at 6:55 pm

Biden’s Climate Executive Orders Devastated These U.S. Workers in a Day…

The XL pipeline wasn’t the only project stopped by Biden’s pen. On Wednesday, he issued an executive order halting oil and gas leasing and drilling permits on federal lands and waters. That order hit hardest in New Mexico, where the oil- and gas-rich Permian Basin lies largely on federal land…

Kitten

January 29, 2021 at 7:35 pm

Meet The Man Behind The Massive GameStop Rally…

Meet Keith Patrick Gill, the 34-year old Massachusetts financial advisor who set off the Wall Street earthquake around GameStop…

Main_Street_America_GettyImages_Scott_Olson

January 29, 2021 at 5:27 pm

Time for a Main Street Policy Agenda…

The demise of the small-business sector and the gutting of so many of our communities have played a huge role in the political unrest we have in America…

Tyranny_Authoritarian

January 28, 2021 at 8:05 pm

How WallStreetBets Caught the Attention of Wall Street Titans…

The Humbling of Hedge Funds & the Rise of Retail…

Dark_Pool_Trading_in_GameStop_Week_of_December_21_2020

January 28, 2021 at 7:52 pm

GameStop Shares: Dark Pools Owned by Goldman Sachs, JPMorgan, UBS, et al, Have Made Tens of Thousands of Trades…

Dark Pools owned by the biggest names on Wall Street – such as Goldman Sachs’ Sigma X2, JPMorgan Chase’s JPM-X, UBS’ UBSA, Morgan Stanley’s MSPL, and Credit Suisse’s Crossfinder — have been making tens of thousands of trades in the shares of GameStop on an ongoing weekly basis…

Game_Stop_GettyImages_Frederic_J_Brown

January 28, 2021 at 7:44 pm

Glenn Greenwald Weighs In: The Reddit Revolution, GameStop and Melvin Capital…

One of the most interesting and potentially significant conflicts to happen in some time — not just financially but culturally and politically — deserves serious scrutiny…

Elon_Musk_Tesla_Reuters_Toru_Hanai

January 28, 2021 at 7:21 pm

Elon Musk, Ted Cruz, AOC, Ja Rule, Donald Trump Jr, Barstool Sports, More Slam Robinhood For Banning ‘Meme Stock’ Trades…

Personalities from both sides of the political aisle, as well as completely nonpartisan entertainers, are slamming hedge funds and Robinhood…

Robinhood_Trading_Platform

January 28, 2021 at 6:49 pm

Liquidity Crisis? Robinhood Forced to Draw-Down Credit Lines Amid Trading Ban…

Update 1655ET: Shortly after Robinhood folded on its earlier decision to block buying of several high-profile stocks, Bloomberg reports the company has drawn down some of its credit lines with banks…

A_young_boy_is_cleaning_the_shoes_of_a_man_dressed_in_fine_c_Wellcome

January 28, 2021 at 6:40 pm

WallStreetBets Proves the System Is Rigged…

The epic short squeezes had some hedge funds being carried out because their naked shorts have blown up. Reddit clamped down on WallStreetBets, briefly making the subreddit private and then re-opening it…

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