Mortgage rates hit 6% for the first time since 2008. The British pound hits a 37-year low. Biden signs EO blocking Chinese investment in US tech, S&P 500 futures drop. Apple was revealed to be the most shorted stock in the US, and more financial news. Mortgage rates hit 6% …
Read MoreShocking reports say nearly 20% of Congress members are trading stocks that involve insider knowledge and major conflicts of interest, while a watchdog group will probe IRS after hundreds of employees failed to pay taxes. Report: Nearly 20% of Congress members have conflicts of interest in stock trades Nearly one-fifth …
Read MoreBiden touts US EV investments, California sues Amazon for antitrust violations, McDonald’s and Target announce bond offerings, drivers sue Tesla, arrest warrant issued for Luna cofounder, and more financial news. Biden touts electric vehicle and infrastructure investments in Detroit President Joe Biden spoke at the 2022 North American International Auto …
Read MoreDow posts worst top since 2020 on inflation data, Biden touts Inflation Reduction Act despite poor numbers in new report, Buffett takes huge loss after Apple loses value, and more financial news. Dow posts almost 1,300 point drop after sobering report on inflation data All three major indexes posted their …
Read MoreThe CPI and core inflation both rose higher than expected in August, and the dollar fell to its lowest level in over two weeks. A new Bank of America program is setting off alarms, food prices skyrocket, and more financial news CPI and core inflation rise higher than expected in …
Read MoreSeveral states recently announced plans to distribute more stimulus funds. More details on Biden’s student loan forgiveness plan emerge while Republicans send a letter to Biden over his student loan handout. Several states recently announced plans to distribute more stimulus funds Although the federal government has not authorized a fourth …
Read MoreUnited Airlines is investing millions in electric air taxis, Kim Kardashian launches private equity firm, US crude futures take a major dip, Democrats tell big business investments, China’s trade falters as demand wanes, and more financial news. United Airlines is investing millions in electric air taxis United Airlines has already …
Read MoreThe US dollar is strong but is still baffling investors. The European Central Bank makes record interest rate hike, Coinbase backs Tornado Cash lawsuit against the Treasury, and Cuban slams Warren over billionaire tax proposals. The US dollar is crushing other currencies, but experts are baffled by one thing… In …
Read MoreThe S&P Global Water Index is gaining market attention. Is another crypto crash imminent? FTC orders Credit Karma to pay users $3M, Zelenskiy “rings” bell at NYSE, Teamsters division for Amazon employees, and more financial news. The S&P Global Water Index gaining market attention Markets are beginning to pay attention …
Read MoreA new California law could raise the minimum wage for some workers to $22 an hour. Europe is heading toward recession, the Commerce Department releases plan for $50B computer chip subsidy, oil prices rise, and more financial news New law could raise min wage of fast food workers to $22 …
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