Expanded federal unemployment benefits that were implemented during last year’s pandemic relief efforts are ending earlier than scheduled in Arkansas, Montana, and South Carolina—and Florida is expected to follow suit as Republican governors nationwide respond to pleas from businesses to encourage Americans to...
WASHINGTON—U.S. jobs growth for April was far lower than what the market had predicted, adding to worries that excessive stimulus payments could have undesirable side effects in the long term, making the road to recovery rocky. The April jobs report was the...
WASHINGTON—Financial regulators around the world are rushing to implement models to measure the financial risk arising from climate change. Central banks including the Federal Reserve may soon begin to implement climate stress tests of banks, which may limit financing for industries such...
Beijing has overtaken New York for the first time to become the city with the most billionaires in the world. According to Forbes’ 2021 list of the world’s richest people, released in early April, Beijing has 100 billionaires, more...
WASHINGTON—Economists have started to feel more uncomfortable that the Federal Reserve could be too complacent with its inflation forecast and end up tightening the monetary policy a bit too late to prevent harmful inflation. Some economists have been warning for months that excessive government spending to...
The Ragtrader, a 300-seat restaurant in its fourth week of reopening, was hit hard last year. Fox said he lost a “devastating” amount of money. He said revenue levels currently are half of what he made in 2019 but...
"After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," the two said in a statement. Bill Gates, the former CEO of Microsoft and one of the...
Arizona Gov. Doug Ducey (R) rescinded an executive order issued last year that waived the requirement for Arizonans to prove they are actively looking for a job in order to receive unemployment benefits. Ducey said the pandemic-era order issued in March last year...
What You’ll Learn Identify some of the most common tax policy misconceptions and how to separate fact from fiction.Discover why tax refunds shouldn’t be celebrated, why you should pay your income tax bill, and why certain deductions are wrongly labeled...
On Friday, January 29, 2020 Andrew Left told us in a video (above) that after 20 years of publishing Citron will no longer write “short reports”. We will focus on giving multibagger opportunities on the long side to the...
Acting Attorney General Monty WilkinsonU.S. Department of Justice950 Pennsylvania Ave, NWWashington, DC 20530-0001 Dear Acting Attorney General: I am greatly troubled with the events that have unfolded on Wall Street and demand action from the U.S. Department of Justice. Today, a...
A Class Action Complaint has been filed against Robinhood Financial LLC, Robinhood Securities, LLC and Robinhood Markets, Inc. and the plaintiff demands a trial by jury. BREAKING: Class action complaint against @RobinhoodApp filed in the southern district of NYhttps://t.co/DuGP3LIQDQ pic.twitter.com/mw82RRoA2L—...
This is for you, Dad. I remember when the housing collapse sent a torpedo through my family. My father’s concrete company collapsed almost overnight. My father lost his home. My uncle lost his home. I remember my brother helping my father...
Robinhood app that has helped Redditors and other retail investors has stopped allowing users to buy those stocks and other YOLO picks.