Category: Economy & Business

Updates on the economy, business, Wall Street news, currency and more.

The Federal Reserve suffers widespread disruption to payment services

The Federal Reserve suffers widespread disruption to payment services

The Federal Reserve suffered a widespread disruption in multiple payment services Wednesday, including a system that banks and businesses rely on to ...
President Biden to buy 200 million more vaccines

President Biden to buy 200 million more vaccines

The United States President Joe Biden announced on Thursday that his administration has secured deals for another 200 million doses of Covid-19 vacci ...
Parents sue Robinhood after son commits’ suicide due to lost money

Parents sue Robinhood after son commits’ suicide due to lost money

Alex Kearns, a 20-year-old from Illinois, committed suicide last June after seeing an apparent negative balance of $730,000 on his Robinhood account, ...
JC Penny’s revived by new management and searching for new CEO

JC Penny’s revived by new management and searching for new CEO

JCPenney department stores (new ticker symbol CPPRQ) has new owners and they are searching for a new leader to replace chief executive officer Jill S ...
Trading platforms TD, Robinhood and others suspected to collude against small investors to protect big money

Trading platforms TD, Robinhood and others suspected to collude against small investors to protect big money

TD Ameritrade, Robinhood and other trading platforms have restricted access to GameStop, AMC, and "other securities" as retail traders continue to se ...
GameStop unstoppable bearish trades squeeze Hedge Funds out of $5 billion

GameStop unstoppable bearish trades squeeze Hedge Funds out of $5 billion

There's a new wave of traders entering the stock market, and they are ready to challenge the establishment. These new traders individually may not am ...
BP Increase Investments in Green Energy with projections of 12GW through 13 Countries

BP Increase Investments in Green Energy with projections of 12GW through 13 Countries

The long term survival of companies depends greatly on their ability to pivot and change their business with the changing times. BP (British Petroleu ...
The stimulus bill 5,593 pages includes money for the rich

The stimulus bill 5,593 pages includes money for the rich

Washington, D.C. - Hidden in the 5,593-page spending bill that Congress rushed through Monday night is a provision that some tax experts call a $200 ...
Stimulus checks latest updates $2,000 vs $600

Stimulus checks latest updates $2,000 vs $600

Washington D.C - There's one thing on many people's mind these holidays, how much money will they get in the next round of stimulus checks? "It's ...
Stimulus package approved for $900 billion

Stimulus package approved for $900 billion

Democratic and Republican leaders reached an agreement on a new coronavirus relief package for about $900 billion that includes another round of stim ...