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Reddit moderator slams Wall Street ‘fat cats’ as GameStop’s wild ride continues — ‘They hate that you played by the rules and still won’
The smug factor is running hot in Reddit’s buzzy WallStreetBets community, where a growing number of NSFW stock-flippers — the subreddit has more than 2 million subscribers — are clearly... Read More
Gamers threaten to defect to PlayStation after Xbox Live price hikes
Microsoft said Friday it will jack up the price for its Xbox Live Gold memberships — provoking threats from some gamers to jump ship to rival Playstation. A one-month membership... Read More
Yellen says raising minimum wage to $15 an hour would have ‘minimal’ impact on jobs, but Congressional Budget Office disagrees
Raising the minimum wage to $15 an hour from $7.25 would help the U.S. economy more than it would harm it, Janet Yellen, President Joe Biden’s Treasury Secretary nominee, told... Read More
The COVID relief law holds good news and bad news for older Americans
This article is reprinted by permission from NextAvenue.org. During a graduate course I taught this fall for Virginia Tech, I presented a basic reality of the legislative process in Washington, D.C.:... Read More
Here are 3 lessons from the Carrefour mess for M&A buyers eyeing European preys
Canadian convenience store operator Couche Tard won’t acquire French retail giant Carrefour, as could have been predicted just hours after the two groups announced they had engaged in “friendly” talks:... Read More
Fear of new virus variant pushes U.S. toward more genomic sequencing
The United Kingdom’s use of genomic sequencing to identify a more infectious strain of SARS-CoV-2 has largely served as a wake-up call for inadequate use of the technology in the... Read More
Biden to call for $1,400 checks, more vaccine funds in Thursday speech
President-elect Joe Biden on Thursday evening will unveil his coronavirus relief plan, a sweeping measure expected to include cash payments to Americans and money for distributing COVID-19 vaccines. Biden plans... Read More
Fauci reportedly says U.S. will not extend interval between vaccine doses
CNN reported Friday afternoon that Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, has ruled out an extension of the recommended interval between doses of... Read More
McConnell threat to tie bigger stimulus checks to other issues leaves Senate gridlocked
The Senate adjourned Tuesday without taking any action on a House bill to increase the size of the new stimulus payments, as Majority Leader Mitch McConnell’s hint that he would... Read More
Bank debt leads corporate bond rally sparked by COVID-19 vaccine rollout
Bank debt has been a hot commodity in the near two weeks since the Food and Drug Administration authorized the first COVID-19 vaccine for emergency use in the U.S. Bonds... Read More
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