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SpaceX’s Stock Keeps Falling. Short Sellers Are Now Piling Up
Short sellers are piling up their bets against SpaceX as the company's stock falls after its IPO last month.CNBC detailed that about 30% of the company's publicly tradable shares...
CIPA Lawsuits Are Surging: Why Your Website Could Be Next
The letter gives you 20 to 30 days. It arrives on law firm stationery, says your website has been illegally wiretapping its visitors, and offers to settle for anywhere...
Jamie Dimon’s JPMorgan Is Closing In on a Historic Milestone. The World’s First $1 Trillion Bank
JPMorgan Chase is on the verge of making financial history as the first bank ever to reach a $1 trillion market valuation, underscoring the Wall Street giant's dominance under...
America’s College-First Mindset Is Failing the Workforce
John W. Brewster For decades, we have told young Americans that if they want a successful life, there is only one respectable path: go to college. That message has...
The World Cup Is Boosting Spending. Hotels, Beer And Tourism Feel It First.
The FIFA World Cup has delivered a lift to businesses in several U.S. host cities, with hotels, bars and restaurants reporting stronger traffic as millions of fans traveled across...
Former Fed Adviser Covertly Shared Confidential Information With China. Now He Faces Time In Prison
A former Federal Reserve advisor was sentenced to more than three years in prison after lying to investigators about his ties to Chinese intelligence operatives.John Harold Rogers, 64, was...
XRP Jumps to $1.12 as Binance Drops an $800K Reward Play. Is the Breakout Real?
XRP popped to around $1.12, a roughly 2% gain, after Binance unveiled an $800,000 XRP reward campaign on July 15.The mechanics are worth reading closely, because the headline is...
Trump Speech Might Focus On Foreign Election Interference From a Top Rival: Report
President Donald Trump will reportedly discuss previously undisclosed meddling by China in U.S. elections in his prime time speech on Thursday.CBS News reported Trump's speech, planned for 9 p.m....
Inflation Decelerated In June. But Grocery Shopping In The U.S. Decreased Anyway
The buying of grocery units fell 1.8% in June compared to the previous year, according to a new analysis.The study, conducted by Bain & Company using NielsenIQ grocery and...
Zelensky Removed His Popular Defense Minister In an Unexpected Reshuffle. Ukrainians Took The Street To Protest
Ukrainians took the streets to protest the removal of Defense Minister Mykhailo Fedorov, part of a larger government reshuffle.CNBC detailed that over a thousand people were protesting the decision...