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Tom Lee expects the S&P 500 to hit 5,800 by the end of the year. "I think the end of this year will be a day of reckoning for those who are sitting on cash, earning 5%," he says.
unusual_whales
The New York Times reports that 'many wealthy Democratic donors are trying to take matters into their own hands' and have 'undertaken a number of initiatives to pressure Mr. Biden to step down'
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BREAKING: Labour projected to win majority, form next UK government
unusual_whales
Google, $GOOGL, is adding its Gemini AI side panel in Gmail that can help you write emails and summarize email threads.
unusual_whales
Kansas sues Pfizer, $PFE, over 'misrepresentations' and 'adverse affects' of COVID-19 vaccine, per FOX
unusual_whales
Former Binance CEO CZ has reported to a California federal prison to begin a four-month sentence for failing to safeguard the crypto exchange against money laundering.
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Trump: We will be appealing guilty verdict.
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BREAKING: The IRS is making its free tax-filing platform permanent and open to all 50 states, per MorePerfectUnion.
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IRS Commissioner Danny Werfel said that taxpayers who used Direct File generally spent less than an hour to file their tax returns, and that many completed their returns in as little as 30 minutes.
Read more: https://t.co/cldZUq0S0D
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Last year, California had 180,000 people living on the streets, a 40% rise in five years.
Housing costs in the state are now double what they are in the rest of the US. Average monthly payments for a newly purchased mid-tier home are more than $5,500 a month, per the Guardian.
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BREAKING: Social Security now expected to run short on funds in 2035, one year later than previously projected, US Treasury has said.
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Warren Buffett shares his thoughts on the U.S. national debt during the 2024 Berkshire Hathaway annual meeting.
"My speculation is that the US debt will be acceptable."
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Joshua Dean, a former quality auditor at Boeing, $BA, supplier Spirit AeroSystems and one of the first whistleblowers to allege Spirit leadership had ignored manufacturing defects on the 737 MAX, has died, per Seattle Times.
He had a pneumonia infection suddenly two weeks ago.
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BREAKING: Representative Ro Khanna has JUST asked Speaker Johnson to force a vote on whether members of Congress should be able to trade stocks.
Rep Khanna gave our work a shoutout!
Tagging @SpeakerJohnson to floor the TRUST Act for votes now.
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@SpeakerJohnson I am so happy the movement I restarted years ago is finally being taken seriously!
Come join us in forcing Congress to take the issue of transparent financial disclosures seriously!
You can also follow any political Congressional portfolio at https://t.co/e9bnW7AFKV!
unusual_whales
61% of American workers are were living paycheck to paycheck, per a Financial Technology Association survey.
unusual_whales
Argentines are buying Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars, per Bloomberg:
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Bitcoin purchases in Argentina — one of the nations with the highest level of cryptocurrency adoption globally — approached their highest weekly value in 20 months at local cryptocurrency exchange Lemon
Read more: https://t.co/clDYbOeORo
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Nearly a million Americans got double-digit raises as a result of unions this year, per CNN.
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