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Wall Street Bets on "Trillion-Dollar Company" Crown Jewel

Wall Street Bets on "Trillion-Dollar Company" Crown Jewel

Thousands of bankers, private equity investors, venture capitalists, and other wealthy people swarm Union Square in San Francisco each year to chase transactions.

Jan 24, 2024 12:24 AM EST


Image of Ariella McCall from Instagram

The Number One Easy Side Hustle That You Can Start Now

Here's a dirty little secret: Making money today is easier than it's ever been. You don't need a degree or a 9-5 job. You don't need a car. All you need is a laptop and you can change your life.

Jan 23, 2024 12:20 PM EST


Hedge Funds Rake in Record Profits as Markets Roar Back

Hedge Funds Rake in Record Profits as Markets Roar Back

20 top fund managers earned $67 billion in gains for investors in 2023, compared to $65 billion during the pandemic-era boom in 2021, according to research released on Monday by LCH Investments, a hedge fund.

Jan 23, 2024 06:02 PM EST


Bernie Sanders Unleashes New Bill to Tackle 'Outrageous' CEO Pay

Bernie Sanders Unleashes New Bill to Tackle 'Outrageous' CEO Pay

Democrats are proposing to increase taxes on businesses whose CEO salaries are at least 50 times higher than those of the average worker. They claim that this legislation is necessary to curb corporate greed.

Jan 23, 2024 01:31 AM EST


Top Citi Strategist Foresees Healthy Economic Rebound

Top Citi Strategist Foresees Healthy Economic Rebound

In order to restore sustainable growth and put inflation back to goal, the global economy does not require a "collapse," according to Steven Wieting, chief economist and investment strategist at Citi Global Wealth.

Jan 22, 2024 10:30 AM EST


Oil Forecast Dips as Global Growth Falters

Oil Forecast Dips as Global Growth Falters

Monday saw a further decline in oil prices as geopolitical worries in the Middle East and the attack on a Russian fuel export facility over the weekend were countered by economic headwinds that put pressure on the forecast for global oil consumption.

Jan 22, 2024 07:00 AM EST


Will X Embrace Crypto? Dedicated Payments Account Fuels Rumors

Will X Embrace Crypto? Dedicated Payments Account Fuels Rumors

Elon Musk's "everything app," X (previously Twitter), has stoked rumors in the cryptocurrency world regarding whether or not it will integrate cryptocurrencies by establishing a separate account for its planned payments function.

Jan 22, 2024 12:25 AM EST


Student Loan Forgiveness

Biden Administration Announces Additional $4.9 Billion in Student Loan Debt for 73,600 Borrowers

Biden administration announces a groundbreaking $4.9 billion discharge in student loan debt, bringing the total relief to an impressive $136.6 billion. Read more below

Jan 21, 2024 03:58 PM EST


Regional Banks Struggle with Profit Slump Despite Economic Rebound

Regional Banks Struggle with Profit Slump Despite Economic Rebound

Reminding us how difficult 2023 was, some of the most well-known midsized lenders in the country announced significant declines in profitability during the fourth quarter. The issue is that by 2024, not much improvement is anticipated.

Jan 19, 2024 11:10 AM EST


Insights from Davos: US Business Figures Contemplate a Trump Win in 2024

Insights from Davos: US Business Figures Contemplate a Trump Win in 2024

Dinners and parties at Davos have been dominated by talk about Donald Trump, with many attendees of the World Economic Forum considering the former president's possible candidacy for president again following his overwhelming victory in the Iowa vote.

Jan 19, 2024 09:24 AM EST


Congress Votes to Extend Government Funding, Avoiding Shutdown

Congress Votes to Extend Government Funding, Avoiding Shutdown

A short-term budget package that would keep federal agencies funded until March and prevent an impending partial government shutdown was delivered to President Joe Biden by Congress on Thursday.

Jan 19, 2024 07:10 AM EST


Biden Aims to End Debt Spiral with Drastic Overdraft Fee Cut

Biden Aims to End Debt Spiral with Drastic Overdraft Fee Cut

The Consumer Financial Protection Bureau and the Biden administration have collaborated to present a proposed regulation that would curb bank overdraft costs, perhaps bringing them down to $3.

Jan 18, 2024 06:20 AM EST


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