banking news 2020
- Banking
Investing legend Jeremy Grantham says market speculation has already peaked —and warns the S&P 500 could plunge 44% despite the Fed’s best efforts
The rampant speculation in meme stocks, joke cryptocurrencies, and other questionable assets has already passed its zenith, Jeremy Grantham told…
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US stocks look set to extend decline after weak earnings hit tech-heavy Nasdaq and investors await next week’s Fed policy meet
US stock markets look set to mark another day of losses Friday after a brutal tech sell-off. Investors are anxiously…
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Elon Musk says Twitter introducing NFT profile pictures is ‘annoying’
Twitter announced Thursday it will let iOS subscription users use NFTs as profile pictures. Elon Musk responded to the news:…
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NYC Mayor Eric Adams will convert his first paycheck into Bitcoin and Ether
NYC Mayor Eric Adams announced Thursday that he will convert his first paycheck into crypto. Adams will split it between…
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Bitcoin plunges to below $40,000 for first time since August as cryptos track Wall Street’s tech rout
Bitcoin tumbled to below $40,000 for the first time since August, as a broad crypto sell-off intensified. Investors have dumped…
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Belarusian officials accused of air piracy over forced landing of jet that led to dissident journalist’s arrest: US prosecutor
The Justice Department charged four senior Belarusian officials with air piracy on Thursday. The indictment stems from a May 2021…
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Justice Sonia Sotomayor blasts Supreme Court’s handling of Texas abortion case as a ‘disaster for the rule of law and a grave disservice to women’
Justice Sotomayor wrote a dissent to the Supreme Court rejecting a request from Texas abortion providers. “This case is a…
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Mitch McConnell said Black people show up to vote just as much as ‘Americans’ after the voting rights bill failed in the Senate
Mitch McConnell spoke to press after the voting rights bill failed in the Senate late Wednesday night. “African-American voters are…
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Rudy Giuliani and other Trump campaign officials oversaw the fake pro-Trump elector scheme, CNN reports
Rudy Giuliani and Trump campaign officials oversaw the fake pro-Trump elector scheme in the 2020 election, CNN reported. In March…
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Peloton CEO John Foley denies a production halt on bikes and treadmills in memo to entire company
In a letter sent to all Peloton employees and posted on their corporate site, CEO and founder John Foley addressed…
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