Posts by Amelia Frost
What Is ‘Economic Blackout’ And How Is It Seeking To ‘Disrupt The Economy’ For 1 Day?
KEY POINTS John Schwarz started the movement last month, calling on consumers to resist corporate greed The movement kicks off midnight Thursday through midnight Friday, called ‘one day of economic resistance’ Stephen King and former Labor Secretary Robert Reich have urged their followers on social media to join An increasing number of U.S. consumers are…
Read MoreMeme Coins Are Not Securities, SEC Says In Major Development For Scam-Ridden Segment
KEY POINTS The SEC said meme tokens do not constitute the financial instruments enumerated in securities laws The SEC also warned against actors who abuse the system and engage in “fraudulent conduct” The new designation came following the rise and fall of the $LIBRA token initially promoted by Argentina’s president The U.S. Securities and Exchange…
Read MoreHILL: Smith gov’t must enact broad-based tax cuts to spur growth
Breadcrumb Trail Links Money News Alberta Opinion Columnists Published Feb 28, 2025 • Last updated 15 minutes ago • 2 minute read You can save this article by registering for free here. Or sign-in if you have an account. Premier Danielle Smith and Finance Minister Nate Horner chat as they arrive at the Alberta legislature in…
Read MoreCalifornia Judge Blocks Mass Firings Of Probationary Federal Workers
A federal judge in California on Thursday temporary halted a Trump administration directive that would have forced the U.S. Department of Defense and other federal agencies to carry out widespread layoffs of thousands of newly hired employees. U.S. District Judge William Alsup, in a hearing held in San Francisco, declared that the U.S. Office of…
Read MoreTravel Rewards Programs Now: Too Many Points, Not Enough Seats
“Rely less on the airline to just offer you a good deal,” Mr. Leff said. “Often you want two cards: one that earns multiple points in the category where you spend the most, and one that pairs in the same ecosystem from the same bank that earns 1.5 or two points per dollar.” This means…
Read MoreWhen It Comes to Tariffs, Trump Can’t Have It All
President Trump has issued an unremitting stream of tariff threats in his first month in office, accompanied by nearly as many reasons for why they should go into effect. Tariffs on Canada, Mexico and China are a cudgel to force those countries, America’s largest trading partners, to crack down on the flow drugs and migrants…
Read MoreConsumer Watchdog Drops Legal Actions Against Firms Accused Of Financial Crimes, Including Capital One
The U.S. Consumer Financial Protection Bureau (CFPB) made a striking move Thursday by dismissing five enforcement actions against financial services companies accused of various violations under the previous administration. The dismissal of the cases has significantly diminished the CFPB’s remaining legal actions against companies accused of abusive practices in the financial sector. The move came…
Read MoreEpstein Files Release Sparks Rage, Disappointment: ‘Nothing Juicy’
KEY POINTS Bondi said the files’ release was ‘following through’ with the president’s commitment to transparency Rep. Luna said the files weren’t what the American people wanted, alluding to the fact that they were just names that didn’t point to illegal activity Podcaster Liz Wheeler encouraged the public to feel betrayed by Thursday’s underwhelming release…
Read MoreKash Patel Eyes UFC Collaboration To Boost FBI Agents’ Fitness Levels
Just one week after taking over the office as new FBI director, Kash Patel is considering hiring trainers from the Ultimate Fighting Championship (UFC) to enhance agents’ martial arts and self-defense skills, reports said. The UFC is a well-known mixed martial arts organization in the United States. FBI Director Patel Eyes UFC Partnership For Agent…
Read MoreDemocrats’ MEME Act To Ban Public Officials From Issuing Memecoins: ‘Make Corruption Criminal Again’
KEY POINTS Rep. Liccardo argued there is an ‘enormous risk’ in dabbling in digital tokens, specifically targeting the $TRUMP meme coin The bill will pave the way for investors to ‘sue’ for their losses in relation to meme coins endorsed or issued by politicians in high office Even the spouses and children of higher-level public…
Read MoreRipple Partners With South Korea’s BDACS To Drive Institutional Custody For $XRP, $RLUSD
KEY POINTS BDACS will utilize Ripple Custody to provide infrastructure for crypto custodians, OTC desks, and exchanges Ripple said the strategic partnership is a ‘major step in advancing the onchain economy in the region’ $RLUSD has made significant strides in recent weeks, including passing 120 million in supply Fintech firm Ripple has secured a strategic…
Read MoreTesla Fires a Manager Who Criticized Elon Musk on Social Media
Tesla has fired a manager who objected to a social media post by Elon Musk, the chief executive, that referred to Nazi leaders. It was the latest example that public criticism of the boss was unacceptable in the Musk business empire. Jared Ottmann, a manager and engineer who worked with Tesla’s battery suppliers, said he…
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