News
Piketty Report Highlights Increasing Inequality
The world’s top 1% of most wealthy people owns 38% of the world’s wealth and earns 19% of its income...
Tesla under Probe by SEC
Stock EV maker Tesla took a sharp 1% hit in pre-morning trading morning as a whistleblower revealed that the company...
Facebook Sued by Rohingya
Members of Myanmar’s Rohngya community, which accuses the company of negligently facilitating genocide, are suing Facebook for almost $200 billion...
Crypto Currencies Sharply Down This Weekend
Bitcoin lost more than one-fifth of its value over the weekend as investors fled riskier investments due to omicron and...
Oil Majors Take $174 billion in profit
The world’s major oil and gas magazines raked in $174 billion in profits in the first nine months of 2021...
Departing Fed Vice Chair Expresses Concerns Fed Emergency Powers
Vice Chair for Supervision Randal Quarles whose four year term is ending used his departure speech to express concern about...
G7 Seeks to Modernize Infrastructure Finance for Developing Countries
The G-7 - comprising the United States, Canada, the United Kingdom, France, Italy, Germany and Japan – continued work On...
SEC Moves Dial on Holding Foreign Companies Accountable Act
The Securities and Exchange Commission adopted amendments on Thursday towards requiring that listed companies be subject to inspection and audit...
Market mulls divergent payroll data
Two days after payroll company ADP released its National Employment Report showing an increase of 534,000 jobs in US non-farm...
Canada and Mexico Lobbying EV Provision of Build Back Better Bill
Canada and Mexico have expressed concern about provision in the President Biden’s Build Back Better Bill giving tax credits of...
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