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Mom-and-pop investors spending their stimulus checks on no-fee trading apps like Robinhood weren’t all winners in the June rally they fueled, but one Wall Street firm that executed their trades appears to have made out big. Virtu Financial, a $10 billion Manhattan-based provider of trading services, announced gangbuster trading income on Friday, which Wall Streeters …
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Britney Spears’ mom, Lynne Spears, has filed legal documents to ensure she is included on decisions regarding her daughter’s finances. According to documents obtained by The Blast, Lynne, 65, filed a request with the Los Angeles County Courts on Monday to be included in any “special notice” of “all matters” having to do with Britney’s …
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Read More: AOC Only Democrat to Vote Against $484 Billion Coronavirus Relief Package
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After naming Kylie Jenner the world’s youngest self-made billionaire twice, Forbes recently exposed the mogul for representing herself as far wealthier than she actually is, leaving mom Kris Jenner on edge over potential damage the exposé could cause the Kardashian-Jenner brand she’s spent years building. “Kris and Kylie are freaking out and fear that this …
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With the coronavirus putting a damper on social gatherings — from international travel to dining out — there’s never been a better time to save. Simple steps from rethinking subscriptions to negotiating bills can help consumers shore up their finances even as the pandemic ravages the economy, personal finance guru Nicole Lapin tells The Post. …
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The definitive guide to the key events and policies that caused the Great Depression. Few areas of historical research have provoked such intensive study as the causes of America’s Great Depression—and for good reason. Tens of millions of humans suffered intense misery and despair. How bad was the Great Depression? The dimensions of the economic …
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Years of deficit spending has made monetary policy a slave to fiscal policy. The federal government is moving into the final stages of its fiscal life. Deficits have gotten so enormous that the Federal Reserve simply prints the money the government needs. Why? Because that’s the only option left on the table. For years, we …
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Millions of Americans are missing payments on credit cards and car loans as the coronavirus pandemic squeezes consumers’ wallets, data shows. Nearly 15 million credit cards, or about 3.2 percent of the nation’s accounts, were in “financial hardship” status in April, according to figures from credit-reporting company TransUnion. That means the accounts were frozen, in …
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Germany tried paying people for not working after WWI. It didn’t turn out so well. Massive government debt, sky-high unemployment, the economy frozen, idle workers receiving payments from the government. This might sound like COVID-19, but I am actually talking about post-World War I Germany. If your high school history teacher skipped this story, here’s …
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In 1917, Bolsheviks under Lenin seized control of Russia in the famous October revolution, ending a short-lived experiment with constitutional democracy and replacing it with a one-Party socialist state. As the revolution swirled through the streets of St. Petersberg, a girl of 12 watched many of the events from the balcony of her family’s house. …