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Congress Still Covering for the Fed’s Bailouts

Wall Street owns Washington DC – figuratively speaking. In literal terms, the largest banks in the nation own the F.....»»

Category: bullionSource: goldsilverworldsDec 15th, 2019

Mark Hulbert: As Congress debates more coronavirus stimulus, don’t exaggerate the effect of the 2008 bailouts on the stock market

Remember that the bear market gathered steam after TARP and other programs were adopted.....»»

Category: topSource: marketwatchMar 26th, 2020

"I still haven"t been forgiven by God for the covering up": Internal Boeing emails about 737 Max"s safety show one staffer feared eternal damnation

David Ryder/Getty Images Hundreds of internal emails released by Boeing to Congress and the Federal Aviation Administration reveal concern among staffers about the 737 Max.  One unnamed Boeing employee said in a M.....»»

Category: topSource: businessinsiderJan 10th, 2020

Dodd-Frank rollback; Zuckerberg upsets Europe; Emerging markets pain

1. Dodd-Frank rollback: The US Congress on Tuesday approved a bill aimed at loosening regulations covering thousands of banks. The financial crisis era rules -- called the Dodd-Frank Act -- were designed to make banks safer......»»

Category: topSource: cnnMay 23rd, 2018

Billionaire Chamath Palihapitiya says big companies shouldn"t receive a "single extra dollar" of stimulus and Congress should pay ordinary Americans instead

Chamath Palihapitiya said Congress should prioritize giving money to ordinary Americans whose sp.....»»

Category: topSource: businessinsider1 hr. 22 min. ago

A Senate committee voted to subpoena the CEOs of Google, Twitter, and Facebook to testify before Congress

Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai, and Twitter CEO Jack Dorsey were invited to testify bef.....»»

Category: topSource: businessinsider1 hr. 22 min. ago

United Airlines prepares to lay off more than 13,000

United Airlines (Nasdaq: UAL) said it's preparing to lay off 13,432 employees as Congress delays action on a federal relief package for the airline industry. "The CARES Act Payroll Support Program funding for our airline expires today, September 30. .....»»

Category: topSource: bizjournals1 hr. 23 min. ago

US Commodity Futures Trading Commissioner Behnam speaks to Congress

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall1 hr. 52 min. ago

Economists are worried America"s economic recovery is about to fall apart without more help from Congress. Here"s why they"re wrong.

There are reasons to be optimistic about the economic recovery from the pandemic: the hou.....»»

Category: topSource: businessinsider2 hr. 22 min. ago

Bond Report: U.S. 10-year Treasury yield pops above 0.70% as investors hold out hope for fiscal stimulus bill

U.S. Treasury yields rose early Thursday amid signs that Congress was still talking about another fiscal stimulus package and further improvement in economic data......»»

Category: topSource: marketwatch2 hr. 38 min. ago

Why filing for Chapter 11 bankruptcy could be the best way to save your small business

By a stroke of "pure luck" a law passed by Congress last year created a new form bankruptcy for small businesses and went into effect right before the pandemic hit......»»

Category: topSource: bizjournals3 hr. 53 min. ago

Millions of Americans risk losing power and water as massive, unpaid utility bills pile up

Cash-strapped, and in some cases still unemployed, many Americans have fallen far behind on their electricity, water and gas bills, prompting a renewed conversation about the need for Congress to adopt more federal aid......»»

Category: topSource: washpost5 hr. 23 min. ago

: Movie-industry group pleads for aid from Congress, warning ‘theaters may not survive’

A Hollywood film-industry coalition is urging Congress to come to the aid of the nation's movie theaters amid the coronavirus crisis, or risk losing most of them......»»

Category: topSource: marketwatch10 hr. 53 min. ago

Chamath Palihapitiya Slams Airline Bailouts: "Giving More Money To These CEOs Is Idiotic And Dumb"

Chamath Palihapitiya Slams Airline Bailouts: "Giving More Money To These CEOs Is Idiotic And Dumb".....»»

Category: worldSource: nyt15 hr. 37 min. ago

Hotel job losses in Illinois could double without additional federal aid, industry group warns. ‘We need Congress to act and act now.’

Illinois could double its loss.....»»

Category: topSource: chicagotribune18 hr. 8 min. ago

Watch Live: Former FBI Director James Comey Testifies Before Congress

Watch Live: Former FBI Director James Comey Testifies Before Congress .....»»

Category: worldSource: nytSep 30th, 2020

Seven airlines close billions of dollars in loans with Treasury

Treasury Secretary Steven Mnuchin urges Congress to approve more aid for airline workers.....»»

Category: topSource: foxnewsSep 30th, 2020

United Airlines avoids furloughing 3,900 pilots, but 12,000 others will lose their jobs unless Congress extends the CARES Act

A new deal wil.....»»

Category: personnelSource: nytSep 28th, 2020

The Ratings Game: Virgin Galactic stock gets boost from 2 buy ratings

Virgin Galactic stock rallies to its best in eight weeks after two analysts start covering it with a buy rating, praising the company’s business model and demand potential for space tourism......»»

Category: topSource: marketwatchSep 28th, 2020

Mark Cuban"s Use-It-Or-Lose-It Stimulus Idea: The Sectors That Would Win

With Congress struggling to pass a second stimulus plan, Mark Cuban has doubled down on his plan from May to help provide relief to those who need it and help stimulate the economy. read more.....»»

Category: blogSource: benzingaSep 28th, 2020

Here is Oppenheimer"s take on 4 possible US election outcomes and how the stock market might react

A Biden win and the Democrats taking control of both Congress and the Senate would be the "worst case scenario" and stocks could fall 6-10% Joe Raedle/Getty Images; Samantha Lee/Business.....»»

Category: topSource: businessinsiderSep 28th, 2020