Category: Politics
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Latest stories
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Election Years and Market Outcomes
In the US, the markets typically do well during election years, but that’s not a given, especially given the rough ride of coronavirus.
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Big Media, Social Media and Mass Manipulation
Americans are finding it increasingly difficult to form fact-based opinions on news and world events because all news is inevitably biased.
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How Cognitive Bias Shapes Political Opinions and Elections
Cognitive bias is a flawed way of thinking that we can all fall victim to at times, but by being able to identify how this manipulation occurs, you can prevent yourself from falling prey to it – most of the time.
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Elon Musk Defies California Governor’s Order, Reopens Tesla
Musk’s decision to reopen the Tesla plant should keep investors interested. Not only is Tesla resuming operations, but it’s also increasing production.
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New Unemployment Claims Down, But Still Extreme
The good news is that the number of new claims for unemployment benefits dropped to 5.2 million during the week from April 4 through April 11.
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Bernie Sanders Drops Out of Presidential Race
The stock markets got a bonus boost today when Bernie Sanders officially suspended his presidential campaign.
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The COVID-19 Rebate Check Is In the Mail — Almost
Most Americans will receive coronavirus relief rebate checks, which will not be considered taxable income. The plan also provides unemployment aid and loans for small businesses and larger corporations.
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Dow Has First Two-Day Green Streak in 7 Weeks
On Wednesday, the Dow gained 2.39%, marking its first two-day green streak in 7 weeks. Futures are currently up slightly and experts warn that the market may cool as hopes of a quick passage of a coronavirus relief bill are beginning to evaporate.
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Billionaire Advises Investors to Ride Out COVID-19 Market Volatility
With Joe Biden’s big Super Tuesday wins, the stock market rebounded today. However, experts are skeptical and expect the market to remain volatile for some time to come. Marketwatch spoke with billionaire investor Howard Marks about the big swings in the market and the co-chairman of Oaktree Capital gave some familiar advice: “nobody knows.” So, […]
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Is Donald Trump Even A Billionaire ?
Billionaire Mark Cuban says Donald Trump’s wealth is less than the real estate magnate claims. His comments arrive after a report was released on Tuesday by the Federal Election Commission. The report shows a dismal campaign-finance report from the presumptive Republican nominee. “If @realDonaldTrump were fractionally as rich as he says he is, he would write […]
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US duties on Chinese steel just increased by 500%
Duties on Chinese steel have increased by 500% after a spat between the US and China on Wednesday led to a quick increase in the cost of importing the product. Chinese cold-rolled steel is used to make appliances, cars, and electric motors. The cost of importing the steel occurred following a ruling by the US […]