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Investors Pulled out a Record $42 Billion from Stocks, Says Bank of America
Investors pulled out a record amount of money from stocks last week as part of a financial strategy that lowers tax bills, Bank of America said Friday. Outflows from equities…
By Rochdi RaisLatest news
Here’s Why Wall Street Blames the Fed for the Market Crash, and the Looming Recession
Soaring inflation and a hawkish Federal Reserve have wreaked havoc on markets this year. While some are confident…
By Rochdi RaisAn FTX Exec Invested $6 Million in a Massachusetts town, a Local Official Is Now Worried About the Town’s Future.
The 5,000-resident town of Lenox, Massachusetts, is closely following the FTX downfall because one of the crypto behemoth…
By Rochdi RaisUS Stocks Close Higher while the S&P 500 Continue Its Losing Streak
US stocks surged Friday as investors, but the S&P 500 closed out the last full trading week of…
By Rochdi RaisPhiladelphia DA Larry Krasner’s impeachment trial set for Jan. 18
Philadelphia DA Larry Krasner was impeached with a 107 to 85 vote in November in a party-line vote. …
By Jackie AllenWrongly convicted man freed from death row killed at a funeral
Police confirmed that Christopher Williams was shot and killed last week at a funeral in Philadelphia. Williams, wrongly…
By Jackie AllenUkraine urges Russian soldiers to surrender with the “I want to live” program
“I want to live” is the program started by Ukraine. It’s directed at low-morale Russian soldiers who want…
By Jackie AllenCrypto Exchanges Are Not Following the Rules, Says CFTC Chair Timothy Massad
Lack of regulation is not the problem with crypto, in fact, exchanges are not following rules that are…
By Rochdi RaisJohn Hussman Expects a “Far Deeper Retreat” For The Stock Market In 2023
The 20% loss the S&P 500 has endured this year made investors search for a bottom. But for…
By Rochdi RaisOne Meta Employee Will Be Working From a Cruise Ship Condo While Traveling The World
A Meta employee purchased a 12-year lease for a cruise ship condo so he could work remotely while…
By Rochdi RaisFurther Interest Rate Hikes Will Roil Markets, Says Billionaire Bill Gross
Famed investor Bill Gross said he sees mayhem ahead if the Federal Reserve keeps increasing interest rates. “The…
By Rochdi Rais
