The USA Ministry of Justice (DOJ) has filed a lawsuit against Harvard University Friday, accusing the Ivy League institution of unlawfully withholding crucial admissions data. According to the DOJ, this information is needed to determine whether the university continues to engage in discriminatory practices in its admissions process following the Supreme Court’s 2023 ruling in […]
President Donald Trump called for a one-year limit, setting credit card interest rates at 10%, saying the American public is being “ripped off.” The move has drawn criticism from both sides of the political spectrum, with Sen. Sen. Bernie Sanders (I-Vt.) called it “unacceptable.” Trump announced the limit on Friday from January 20 in a […]
Tesla Inc (NASDAQ: TSLA) Shares have soared in recent days on progress made with the company’s autonomous vehicle vision. A US senator could chill the rally with a bill aimed at disrupting self-driving vehicles. • Tesla shares are trending upward. What’s ahead for TSLA stock? Senator targets Tesla with new bill Sen. Ed Markey (D-Mass.) […]
President Donald Trump signed an executive order Thursday directing federal agencies to relax marijuana regulations, marking one of the most significant shifts in federal cannabis policy in decades. To promote ‘medical use’ of marijuana The order directs the U.S. Attorney General Pam Bondi to expedite the process of rescheduling marijuana to Schedule III under the […]
A union-backed investment group is applying pressure Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOG) And Walmart Inc. (NASDAQ:WMT) to reveal how the new immigration policy under President Donald Trump could disrupt their operations and their long-term value. Trump’s H1B reimbursement raises concerns Proxy advisor SOC Investment Groupwhich works primarily with pension funds affiliated with the Strategic […]
Former Secretary of State Hillary Clinton pushed back against the Trump administration’s proposed rule change at the Consumer Financial Protection Bureau, which it warned could roll back important federal protections that prevent discrimination in lending. Reminiscent of style lending discrimination before the 1970s On Monday, in a post on “Now the Trump Administration wants to […]
As the week comes to a close, it’s time to catch up on the biggest stories that shaped the week. By Michael BurryFrom the ominous prediction about the US banking system to the Federal Reserve’s strategic move to insulate itself from political interference, here’s a look at the key events that transpired. The Federal Reserve’s […]
For the second time in as many years, the Securities and Exchange Commission (SEC) – the agency dedicated to protecting ordinary investors – has given Wall Street’s elite short sellers a lengthy two-year extension. The critically acclaimed Form SHO, designed to spotlight large short positions, has been postponed (again) until January 2, 2028. Form SHO, […]
The White House unveiled a 33-page report on Thursday National Security Strategyfocusing on the areas that the President has Donald Trump makes it a priority to keep America strong and globally dominant. The plan sets ambitious economic goals, aiming to grow the U.S. economy from $30 trillion in 2025 to $40 trillion by the 2030s, […]
Former President Barak Obama tweeted Friday that more than 47 million Americans, including one in five children, do not have stable and affordable access to healthy food. Obama noted that more families are relying on the Supplemental Nutrition Assistance Program (SNAP) benefits as the cost of living continues to rise. Republicans are under pressure on […]