Former White House Council of Economic Advisers Chairman Austan Goolsbee acknowledged Monday that former President Donald Trump was “strong”…
Tag: Economy
WATCH LIVE: President Biden Signs $1.9 Trillion Stimulus Package in Surprise Move on Thursday
[embedded content] President Joe Biden will sign the $1.9 trillion coronavirus stimulus package on Thursday, the…
Sen. Kennedy Blasts Stimulus for Being ‘Chock-Full of Spending Porn’: Calling it Covid Relief is ‘Like Calling Harvey Weinstein a Feminist’
Sen. John Kennedy (R-LA) used some colorful language on Thursday to explain his opposition to stimulus…
JUST IN: House Votes to Approve $1.9 Trillion Senate Stimulus Plan
[embedded content] The House of Representatives voted 220-211 on Wednesday to pass the American Rescue Plan,…
Rep. Katie Porter Berates Oil Executive for Deducting Expenses: ‘Please Don’t Patronize Me’
A Big Oil exec told me I had a “misconception” about a special tax break polluters…
WATCH LIVE: House of Representatives to Vote on Covid-19 Stimulus Package Friday Evening
[embedded content] The House of Representatives is scheduled to vote Friday evening on the long-awaited $1.9…
Jim Cramer Explains How GameStop Could Justify its Stock Price: Become a ‘Gaming Place Where You Can Win Bitcoin’
CNBC host Jim Cramer suggested that GameStop become a “5,000-store introduction to bitcoin” in an effort…
BUCKLE UP: GameStop Mania Starts Anew as Reddit Users Fuel Stock Surge of More Than 400%
Chris Delmas/Getty Images Stock in GameStop surged on Thursday by more than 400 percent compared to…
Senior House Democrat Admits ‘Embarrassing’ Subsidies in $1.9 Trillion Stimulus Package: ‘I’m Not Comfortable’
Rep. Adriano Espaillat (D-NY) acknowledged that elements of a $1.9 trillion stimulus proposal set to pass…
Berkshire Hathaway Executive Charles Munger Dismisses Concerns of Pandemic-Induced Disparity: ‘A Growing Economy Needs Poverty to Get Out of Poverty’
Berkshire Hathaway Vice Chair Charlie Munger played down concerns that affluent Americans became wealthier as a…
Yellen Tells Skeptical CNBC Host that America Needs $1.9 Trillion Stimulus: ‘We’re Digging Out of a Deep Hole’
Treasury Secretary Janet Yellen assured skeptical CNBC host Sara Eisen in an interview that generous stimulus…
Nevada proposal would let tech companies create local governments
Nevada Gov. Steve Sisolak plans to introduce legislation that would permit technology companies to establish separate…
Feds Investigating Posts on Reddit, Social Media for Signs of GameStop Stock Fraud
Olivier Douliery/Getty Images Officials at the Securities and Exchange Commission are reportedly investigating posts published by…
Mark Cuban Tells CNBC He Supports Reddit Traders: ‘To Gen Z, That’s What Makes Perfect Sense’
Billionaire Mark Cuban told CNBC on Tuesday that he was a “fan” of Reddit traders and…
A wealth tax won’t save the economy from COVID-19
Imagine enduring the coronavirus lockdowns without Amazon, Facebook, and Zoom. We couldn't have continued to function.…
Psaki Declines to Say Whether Yellen Will Recuse from Opining on Robinhood Over Speaking Fees
White House press secretary Jen Psaki declined Thursday to say whether Treasury Secretary Janet Yellen would recuse herself from advising…
Gamestop Stock Boom Prompts Warning from Jim Cramer: ‘The Mechanics of the Market Are Breaking Down’
CNBC’s Jim Cramer warned Monday that a shock boom in the price of GameStop’s stock illustrated…
Trump’s Last Full Jobs Report: Economy Loses 140,000 Jobs, First Decrease Since April
David McNew/Getty Images Jobs dropped in December for the first time since the outset of the…