Small business optimism tanked again in January. NTD asks the New York director of the National Federation of Independent Business (NFIB) what businesses are telling him about their situation. Inflation is the buzz word of the week. Is ramping money printing driving up the price of goods? And is your pocket ready? A family has…
Small Gamestop Investors Aren’t Giving Up as Price Drops Below $100
While the price of video game retailer Gamestop has slumped this week, many of the small investors that have rushed the stock are still holding and some are buying more. The company’s efforts to reinvent its struggling business model remain laden with uncertainty, but investors have flocked to it in hopes that hedge funds that…
Small GameStop Investors Aren’t Giving Up as Price Slips Below $100
While the price of video game retailer GameStop has slumped this week, many of the small investors who have rushed the stock are still holding and some are buying more. The company’s efforts to reinvent its struggling business model remain laden with uncertainty, but investors have flocked to it in hopes that hedge funds that…
Establishment Players Strike Back Against Gamestop Investors
After small investors organized online to squeeze billions of dollars from Wall Street hedge funds, some establishment actors have come out against the investors. The investors, mainly organized on the online Reddit forum “r/wallstreetbets,” have been buying en masse stocks of the video game retailer GameStop in the hope that hedge funds that have apparently…
American Elites Seek to Rig the Game
Commentary In the aftermath of the disgraceful Jan. 6 riot at the U.S. Capitol, the American ruling class has flexed its muscles like never before. Big Tech oligarchs moved in unison to kneecap upstart Parler, a would-be Twitter competitor, and ban former President Donald Trump and scores of other conservatives. Simon & Schuster, one of…
Major Dealers’ Websites Report Silver Shortages
Several major dealers of silver, gold, and other precious metals say they’re encountering shortages of silver, in particular, after some Reddit users in the popular forum WallStreetBets called for users to create a run on the precious metal. Later, top users on the Reddit WallStreetBets forum called on others not to purchase silver stocks, or SLV, saying…
Video: Facts Matter (Jan. 29th): Cuomo Administration Under Investigation
A new report from New York found that the official number of reported deaths in nursing homes was under-reported by as much as 50 percent. A large group of small investors has begun gathering on Reddit to take down the large billion-dollar hedge funds. And it looks like they are having success. Over in Congress,…
Video: Facts Matter (Jan. 29): Cuomo Administration Under Investigation
A new report from New York found that the official number of reported deaths in nursing homes was under-reported by as much as 50 percent. A large group of small investors has begun gathering on Reddit to take down the large billion-dollar hedge funds. And it looks like they are having success. Over in Congress,…
Video: Facts Matter (Jan. 29): What Happened With GameStop?
A new report from New York found that the official number of reported deaths in nursing homes was under-reported by as much as 50 percent. A large group of small investors has begun gathering on Reddit to take down the large billion-dollar hedge funds. And it looks like they are having success. Over in Congress,…
Deep Dive (Jan. 28): Reddit Post Causes AMC, GameStop Shares to Soar
The Biden administration is facing another lawsuit, this time over an executive order halting oil and gas leasing on federal lands. The lawsuit argues that the administration’s suspension of the federal oil and gas leasing program is “an unsupported and unnecessary action that is inconsistent with the Secretary’s statutory obligations” and is “both arbitrary and capricious.”…
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