Category: Economy & Business

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

4th stimulus check possible for 2021

4th stimulus check possible for 2021

Exactly as you hear it, or perhaps read it. Law makers in Washington are eyeing the possibility of yet another round payments for the population. Wit ...
Coinbase set at $250 per share ahead of trading

Coinbase set at $250 per share ahead of trading

Nasdaq gave Coinbase a reference price of $250 a share ahead of Today’s planned direct listing, which would value the cryptocurrency exchange at abou ...
Puerto Rico FOMB lack of transparency to possible fraud bond deal

Puerto Rico FOMB lack of transparency to possible fraud bond deal

San Juan, Puerto Rico - Many news outlets began to prematurely celebrate that the Financial Oversight and Management Board (FOMB) appointed by the U. ...
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 ...