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NEWS | January 27, 2021

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GameStop Surge Rides On; Chamath Palihapitiya Tweets Call Option Purchase

Billionaire investor Chamath Palihapitiya said Tuesday that he had purchased February call options on GameStop amid the stock's controversial Wall Street surge.
Ruining the CFPB Would Put Our Money at Risk

Washington is battling over who runs the Consumer Financial Protection Bureau. So here's a look at what this relatively young agency does for your money. Without it, we'd suffer huge vulnerabilities.
Starbucks Dips on Mixed Quarterly Results, Weak Guidance

Starbucks did raise its full year earnings estimate, but that estimate still came in below analyst expectations.
Someone Is Very Upset He Didn't Get Last-Minute Pardon

Joe Exotic of Tiger King fame had "the biggest Dodge truck limo in Texas" waiting for him outside the prison where he is serving a 22-year sentence Tuesday—but the pardon from former President Trump he was hoping for never arrived. The inmate, real name Joseph Maldonado-Passage, slammed Trump in...
Elliot Page Files for Divorce

Three years after marrying Emma Portner, actor Elliot Page has filed for divorce. The contested divorce case was filed Tuesday in Manhattan, Page Six reports. Page, 33, came out as gay in 2014 and transgender last month; Page starred in the film Juno . Portner, 26, is a dancer and choreographer...
It's Time to End the Social Security Number

Social Security numbers create convenience at the expense of enormous risk. It's time for them to go.
Your Money Shouldn't Have to Support the Harvey Weinsteins of the World

Every month seems to bring a new company into the crosshairs of sexual harassment and discrimination. Your money doesn't need to be involved. How to take a moral stance by moving your money.
Employers Can't Find Workers, So They're Making It Harder to Get a Job

A recent study from Harvard underscores a longstanding paradox in the labor market. Employers say they can't find workers, and act like they have too many.
6 risky ways to pay off your credit card debt

Careful! Credit card troubles can get worse if you pay them down these ways.
'Crazy and evil': Bill Gates surprised by pandemic conspiracies

By Kate Kelland LONDON (Reuters) - Microsoft co-founder turned philanthropist Bill Gates says he has been taken aback by the volume of "crazy" and "evil" conspiracy theories about him spreading on
Should you cancel an unused credit card?

Closing a credit card may not be a smart move. Take these three steps before deciding.
Vietnam's Communist Party chief nominated for re-election: state media

HANOI (Reuters) - Nguyen Phu Trong, Vietnam's ruling Communist Party chief, has been nominated for a rare third term, a Party official said, according to several state media articles that were
European stocks fall; focus on Fed and U.S. tech earnings

LONDON (Reuters) - Europe's share indexes opened lower on Wednesday, while investors focused on the U.S Federal Reserve meeting and U.S.
Consumer Discretionary Stocks Appear Set for Move Lower

The consumer discretionary sector has been hit hard, and nearby resistance suggests that prices could be about to head lower again.
9 Top Assets for Protection Against Inflation

Investing in these assets may eventually prove to be good hedges against inflation.
Dave Chappelle Tests Positive for COVID, Cancels Shows

Dave Chappelle tested positive for the coronavirus just before his comedy show scheduled for Thursday, forcing his upcoming appearances to be canceled, a spokeswoman said. Chappelle was expected to perform Thursday through Sunday at Stubb's Waller Creek Amphitheater in Austin, Texas, the AP reports. Those shows have been canceled and...
Double-Dip Recession Definition

A double-dip recession is when a gross domestic product (GDP) growth slides back to negative after a quarter or two of positive growth.
Decades Later, Teen Runaway Identified as Serial Killer Victim

Genetic genealogy helped identify the youngest known victim of one of the nation's most prolific serial killers almost 37 years after her remains were discovered near a baseball field south of Seattle, per the AP . Wendy Stephens was 14 and had run away from her home in Denver before Gary...
7 crucial facts about FHA loans

These loans require a minimum down payment of only 3.5 percent. Here's what else to know.
See how RandB singer Akon built his wealth

Akon has gained fame from his RandB music and his work in Africa. What's his net worth?
ARM vs. fixed-rate mortgage: Which one is right for you?

Know the pros and cons of these loan types to pick the best mortgage for you.
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