Posts published in “Stocks”

Last week, during a series of votes on amendments to the Senate’s budget resolution, eight Democrats signed onto an amendment aimed at prohibiting undocumented immigrants from receiving Covid-19 stimulus checks—a redundant measure that might have threatened payments to their spouses and children, according to Democrats like Senate Majority Whip Dick Durbin. Arizona’s Kyrsten Sinema and…

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Read more Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend…

Every single event in the UFC furthers along the narrative of company. Some competitors rise to the occasion, others fail spectacularly. Some sustain success for long periods of time, others often find it to be fleeting. Sometimes it is largely inconsequential parts of the narrative, other times it’s some of the central players. Fight Nights…

The recent furor regarding speculation in the stock of GameStop—which soared far beyond its fundamental value, due to a technique known as a short squeeze—has focused attention on the nature of the stock market and what it means both politically and economically. CNN’s Chris Cillizza sees the bipartisan hostility toward hedge funds—so far, the big…

Liberals, still flush from defeating Trump and taking control of both houses of Congress, are adjusting to the grim reality that the fate of their bold legislative agenda lies with one of Washington’s most conservative Democrats: a pro-coal, anti-choice, Trump-friendly fiscal hawk who voted to confirm Brett Kavanaugh to the Supreme Court. As soon as…

The first rule of r/WallStreetBets is YOLO. There is no second rule.This isn’t the land of enlightenment, it’s the borough slum of loss porn. I’m here for the goods: Show me the screenshot where your well-earned $30k investment in weekly Tesla puts bottomed out to a measly $30 because you didn’t trust Papa Musk to…

The GameStop stock surge has benefited small-scale investors, many of them surprised at their unlikely windfalls. Perhaps none so much as a 10-year-old boy from San Antonio, Texas. The fifth grader was gifted 10 GameStop shares, each at $6.19, as a Kwanzaa present from his mother in December 2019. She bought the stock simply because…

By 1961, Charles Koch had stacked up three engineering degrees and was back home in Wichita, Kansas, to join the family business of oil refining, pipelines, and manufacturing. His father, Fred, was at the time attempting to tackle a different sort of engineering challenge: how to get unions, Communists, and big government off his back.…