Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day.
Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivaling the world’s most valuable company, Apple, and have amassed more than 200 million users. At that size, it’s simply too big for the financial establishment to ignore.
The band of amateur day traders that interact with each other on the Reddit page WallStreetBets, encouraged whoever was listening to buy shares of the flailing GameStop, AMC, Macy’s and Koss stocks. Big investors, often in the form of hedge funds, frequently bet against struggling public companies using a process referred to as “shorting,” which allows investors to bet on the degree of misfortune a stock may experience and earn billions of dollars in profits as a result.
“It is not surprising that voters overall rate the economy as the most important issue impacting their vote for president this year given the fragile state of the U.S. economy and their tendency historically to prioritize it and other issues such as national security and education,” Gallup pollsters observed.
“Yet even today, with all those credentials and as one of the leading executives on Wall Street,” wrote Raymond J. McGuire, Citi’s Vice Chairman and Chair of its Global Banking and Capital Markets, “I am still seen first as a six-foot-four, two-hundred-pound Black man wherever I go — even in my own neighborhood. I could have been George Floyd. And my wife and I are constantly aware that our children could have their innocence snatched away from them at any given moment, simply for the perceived threat of their skin color.”
As the nation celebrates the birthday of the Rev. Dr. Martin Luther King Jr. this month, those who knew King well, say Hughes and Urban One are the epitome of King’s dream.
For years, Richard Manning knew what he needed to cope with his physical pain, rage and PTSD — much of which he traced to a career-ending knee injury he suffered while on a domestic security detail with the Marines.
The historic launch of the BNC will fulfill the business dream and vision of J.C. Watts, Jr., a nationally known entrepreneur and former U.S. Congressman, representing Oklahoma’s Fourth District.
For most people who either work, receive retirement or other fixed benefits, it seems that your money always goes a lot quicker than it comes. While some economists marvel at Wall Street’s brisk trading and declare that the economy is better than ever, not everyone has been included. On Main Street America, millions of people know that the cost of living is rising faster and higher than their incomes.
“A Bernie Sanders presidency means an America where folks don’t die because they’ve got to rotate out their insulin to make sure it lasts. We are looking for an America where hospitals are not closing but are expanding services to vulnerable communities. We want a healthcare system that is not commodified. That’s it and that’s all.” — Senator Nina Turner
The late arrivals have reignited a debate about “electability” and who can actually win in 2020.
For more than a decade, economists, lawmakers, and others have heralded the nation’s economy. Often citing how unemployment has declined as new jobs have been created, or Wall Street trading and major bank profits rising, some might be led to believe that all is well in America.
“…while the students are demographically different, one can hope that the call to “practice humanity” is one that will be heeded. It is, perhaps a sign of the times, that graduates have to be urged to practice humanity, but so much of our world is inhumane, placing profits over people, that the admonition is appropriate.”
For years, and particularly in recent months, major news outlets have heralded the nation’s robust economic recovery. From rising corporate profits, to lower unemployment, or rising stock prices on Wall Street, many consumers might conclude that financial stability not only returned after the Great Recession but continues to climb.
A new generation of Democrats, such as New York congressional candidate Alexandria Ocasio-Cortez, is challenging the party’s establishment, writes Jesse Jackson, and the party’s goal should be to embrace the “moral center.” The media is now reporting on the debate among Democrats and activists about what the party should stand for, and how it will win elections. Establishment Democrats are said fear that the populist reform energy represented by Bernie Sanders and rising star Alexandria Ocasio-Cortez (who upset Rep. Joe Crowley, the fourth-ranking Democrat in the House, in a New York City primary) will turn off the moderate, upscale, White
The 2018 poll, conducted by Lake Research Partners and Chesapeake Beach Consulting, found that among respondents more than 90 percent viewed regulation of financial services to be very important, and registered support across partisan affiliations. Among Republicans, 85 percent supported regulation, compared to 92 percent of independents and 96 percent of Democrats.