GameStop stock explained: Here’s what short selling is and why it’s shaking up Wall Street
Amid the recent astronomical surge in value of shares of struggling companies like GameStop and AMC, trading strategies like short selling and short squeezing have been trending all over social media, leaving many scrambling to keep up. Here’s what you need to know to understand what’s going on.
Amid the recent astronomical surge in value of shares of struggling companies like GameStop and AMC, trading strategies like short selling and short squeezing have been trending all over social media, leaving many scrambling to keep up. Here’s what you need to know to understand what’s going on.
Stimulus check calculator: Confirm you received full relief payment before filing 2020 tax return
Americans can claim any missing money from their stimulus checks when they file their 2020 tax return.
Americans can claim any missing money from their stimulus checks when they file their 2020 tax return.
GameStop stock frenzy: Robinhood, others limit trading, sparking lawsuit and Senate panel hearing
Robinhood and other online trading platforms moved to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.
Robinhood and other online trading platforms moved to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.
GameStop stock price frenzy: What to know
Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.
Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.
US economy shrank 3.5% in last year after growing 4% last quarter
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
Unemployment claims drop; still at 847,000 as pandemic rages on
The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.
The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.
Walz budget hikes taxes on Minnesota's top earners, adds funding for schools and riot-damaged businesses
Minnesota Gov. Tim Walz proposed a $52.4 billion, two-year budget that includes tax hikes on the state's highest earners and corporations to pay for education funding increases and money for riot-damaged businesses.
Minnesota Gov. Tim Walz proposed a $52.4 billion, two-year budget that includes tax hikes on the state's highest earners and corporations to pay for education funding increases and money for riot-damaged businesses.
Terms for $1,400 stimulus checks could change, what to know
President Joe Biden on Monday said he was open to negotiating terms for a pending round of economic impact payments, which may indicate that fewer individuals would end up qualifying.
President Joe Biden on Monday said he was open to negotiating terms for a pending round of economic impact payments, which may indicate that fewer individuals would end up qualifying.
Janet Yellen wins Senate approval to become 1st female Treasury secretary
Janet Yellen has been confirmed as Biden’s treasury secretary in an overwhelming Senate vote, the first woman to hold the job in the department's 232-year history.
Janet Yellen has been confirmed as Biden’s treasury secretary in an overwhelming Senate vote, the first woman to hold the job in the department's 232-year history.
Biden signs executive order for government to buy more US goods
President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.
President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.
Biden administration looks to 'speed up' efforts to put Harriet Tubman on $20 bill
The Biden administration is exploring ways to expedite getting Harriet Tubman’s image on the $20 bill, an Obama-era endeavor that stalled during the Trump administration.
The Biden administration is exploring ways to expedite getting Harriet Tubman’s image on the $20 bill, an Obama-era endeavor that stalled during the Trump administration.
Winning $1 billion Mega Millions ticket sold at Michigan grocery store
A Michigander is the lucky winner of the third-largest lottery prize in U.S. history after buying the ticket at a grocery store in a suburb of Detroit.
A Michigander is the lucky winner of the third-largest lottery prize in U.S. history after buying the ticket at a grocery store in a suburb of Detroit.
Biden's Treasury secretary nominee Janet Yellen clears Senate committee
The Senate Finance Committee has approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th Treasury secretary.
The Senate Finance Committee has approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th Treasury secretary.
Biden signs executive orders on $15 minimum wage for federal workers, food aid increases
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
Mega Millions jackpot soars to $1 billion amid slow sales
The jackpot for the Mega Millions lottery game has grown to $1 billion ahead of Friday night’s drawing after more than four months without a winner.
The jackpot for the Mega Millions lottery game has grown to $1 billion ahead of Friday night’s drawing after more than four months without a winner.
Unemployment claims fall to a still-high 900,000
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Wall Street stocks rally to records on Inauguration Day 2021
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
'American Rescue Plan': Here's what's in Biden's COVID-19 relief plan
President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.
President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.
$15 an hour minimum wage: Biden pushes for urgent increase amid COVID-19 pandemic
During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.
During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.
NC nurse who works in COVID-19 unit wins $1 million in state lottery
A North Carolina nurse who works in the COVID unit won a $1 million prize in the state’s lottery.
A North Carolina nurse who works in the COVID unit won a $1 million prize in the state’s lottery.