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Finance

Latest News

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…

Game_Stop_Wall_Street_Bets

January 28, 2021 at 6:33 pm

REDDITOR: AN OPEN LETTER TO MELVIN CAPITAL, CNBC, BOOMERS AND WSB…

I was in my early teens during the ’08 crisis. I vividly remember the enormous repercussions that the reckless actions by those on Wall Street had in my personal life, and the lives of those close to me…

Janet_Yellen_GettyImages

January 27, 2021 at 8:06 pm

Ten Months after Stepping Down as Fed Chair, Janet Yellen Became Part of the “Leadership” Team for Forums Tied to the Chinese Communist Party…

Former Fed Chair and Treasury Secretary nominee Janet Yellen has failed to report the details of millions of dollars in fees that she earned in 2018, the year she stepped down as Fed Chair, as she went on a whirlwind of speaking engagements in foreign cities around the world…

California_Employment_Development_Department

January 27, 2021 at 6:43 pm

27% of California Unemployment Payments Could Be Fraudulent Reaching into the Billions…

At least $11 billion in unemployment claims made in California during the pandemic were fraudulent, state officials revealed Monday in a conference call about the reeling jobless benefits system designed to help millions of out-of-work residents…

total_76_gas_station_solar

January 27, 2021 at 5:54 pm

Get Ready for Prices at the Gas Pump to Go Up, Up, Up…

With move by Saudi Arabia, average U.S. price of regular gasoline has jumped 13 cents a gallon since beginning of year…

Most_Shorted_Stocks

January 27, 2021 at 5:30 pm

Stunning Short-Squeeze Sparks Hedge Fund Hell, Bitcoin & Big-Tech Battered…

An index of the “most-shorted” stocks in the US equity market is up a stunning 54% in January. For context, it was up 49% in the entirety of 2020, one of its greatest years ever…

Lopez_Obrador_Mexico

January 26, 2021 at 7:04 pm

Americans Still Awaiting Wuhan Virus Stimulus Checks as JoeBama Offers $4B to Central America…

Meanwhile, many Americans have not yet received their $600 stimulus check…

Keystone_XL_Pipeline

January 26, 2021 at 6:48 pm

Republican Reveals the Dirty Secret About Biden Halting Keystone Pipeline…

“This is a major infrastructure project that President Biden killed six hours into his presidency,” Daines said. “It’s outrageous and it’s going to get worse.”…

Border Wall

January 21, 2021 at 7:14 pm

Woo-Hoo! JoeBama Kills Off an Estimated 52,100 Jobs in First Day as President…

With the stroke of a pen, Biden has put 11,000 jobs and over $1.6 billion in wages on the chopping block. The kicker, the pipeline’s developer has pledged that the project would have zero carbon emissions…

Keystone XL Pipeline

January 21, 2021 at 7:05 pm

JoeBama Returns U.S. to Dependency on Mid-East Oil, Plans on Sending More Troops to Trade Blood for Oil…

From their DC perspective: all systems/processes that increase U.S. global influence are good; any policies/processes that reduce U.S. global influence are bad…

Oil_Tankers

January 19, 2021 at 6:36 pm

Treasury Targets Venezuelan Oil Sector Sanctions Evasion Network…

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals, fourteen entities, and six vessels for their ties to a network attempting to evade United States sanctions on Venezuela’s oil sector…

Abandoned_Restaurant_Pixabay

January 18, 2021 at 6:55 pm

The U.S. Has Lost More Than 110,000 Restaurants, Setting the Stage for a Commercial Real Estate Collapse of Epic Proportions…

More than 110,000 restaurants have closed permanently or long-term across the country as the industry grapples with the devastating impact of the Covid-19 pandemic…

Money_Currency_FoxBusiness

December 30, 2020 at 6:56 pm

Is the U.S. Economy Teetering on the Precipice of a Depression?…

If so, then the world will see that the emperor truly is naked, and the currency will collapse…

Big_Banks_McConnell_McCarthy

December 30, 2020 at 6:45 pm

Republicans Must Stop the Big Banks from Destroying the First Amendment with “Financial Deplatforming”…

It is inevitable that under a Biden Administration these tactics will get more and more aggressive. The time to start fighting back is right now…

Jerome Powell

December 30, 2020 at 6:07 pm

Fed Leaves All Policies Unchanged, Will Keep QE Until “Substantial Further Progress” Made…

“The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time,” Fed officials reiterated in their December policy statement, released Wednesday afternoon…

Steve_Mnuchin

December 28, 2020 at 6:11 pm

Congress Passed Legislation Making the Treasury Secretary the Boss of the Federal Reserve During a Financial Crisis: That’s Creating Its Own Crisis…

Now Americans are learning that the Dodd-Frank Act did one other very dangerous thing: it legally authorized the U.S. Treasury Secretary to take the Federal Reserve hostage during a financial crisis. Section 1101 of the Act provides that the Federal Reserve Board, “may not establish any program or facility under this paragraph without the prior approval of the Secretary of the Treasury.”…

US Capitol

December 22, 2020 at 12:33 pm

REPUBLICANS AND DEMOCRATS COME TOGETHER TO ROB AMERICAN TAXPAYERS…

Late Monday night, in a huge, secretive rush, Congress passed a combined virus relief and omnibus spending bill that’s almost 6,000 pages long and, in less than a year, will spend $2.3 trillion that does not exist…

Related

  • Congress Defunds ICE, Opens Door for Migrant Wave…

  • Government Sends Out $600 Checks While Locking Americans Out of Their Business…

  • The Return of the Three-Martini-Lunch Deduction…

  • Congress Agrees to $2.3 TRILLION Spending Package, 900 BILLION COVID Bailout Plus 1.4 Trillion Omnibus Spending…

  • Congress Was Paid Their Full Salary in 2020, But They’re Paying Americans They Put Out of Work $600…

  • Dalai Lama’s Reincarnation Makes an Appearance in Spending Bill…

  • Two New Museums on the Mall…Crackdown on Illegal Streaming…

  • Allows Feds to Import More Foreign Workers as 17.8M Americans are Jobless…

US Capitol

December 21, 2020 at 6:24 pm

THEY ARE SCREWING AMERICANS AGAIN! 6,000 PAGES, 6 HOURS TO READ…

Several members of Congress are taking to social media to complain about the handful of hours they have to read the 5,593-page spending bill…

New_York_Federal_Reserve

December 21, 2020 at 4:54 pm

Research Arm of Congress Confirms that Mnuchin Never Released Bulk of CARES Act Money Earmarked for Fed’s Emergency Loans…

Mnuchin was able to delude the public with the idea that the Fed has just been sitting on over $400 billion of Treasury’s money, so it was time for Mnuchin to claw it back and kill the programs, because that information was inaccurately reported by mainstream media…

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Editor’s Picks

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Letitia James Is Housing Felon OnlyFans Model Relative at Her Other Virginia Property — Which Also Faced Fed Investigation…

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Satellites Are Leaking the World’s Secrets: Calls, Texts, Military and Corporate Data…

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