Fed Holds Interest Rates Steady ; Trump Gets $1.8B Richer | Business Matters Full Broadcast (May 1)
The Federal Reserve left interest rates unchanged at their highest levels in 23 years as monetary policymakers have observed “a lack of further progress” toward the central bank’s 2 percent inflation target.
Regulatory filings show that former President Donald Trump increased his stake significantly in the company behind his social media platform Truth Social, with the former president now owning nearly 65 percent of Trump Media & Technology Group (TMTG) and becoming around $1.8 billion richer.
A majority of Americans believe that China uses TikTok to shape U.S. public opinion, according to a Reuters/Ipsos poll conducted as Washington moves closer to potentially banning the Chinese-owned short-video app.
People over the age of 60 in the US reportedly lost more than $3.4 billion in fraud schemes in 2023, a nearly 11% increase from the year before, according to a report from the FBI released Tuesday.
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Harry, we're in an economic hole....we're just gonna have to spend our way out.
Medical institutions facilities always seem to be living on the edge when it comes to financial ability yeah the medical treatment care is very costly and the help is incredibly costly maybe overboard costly
@don can you please look into naked short selling of stocks? Robinhood offers stock lending and gives you a small percentage. But the stock they borrow actually loses value. Then in a matter of weeks it recovers to about 50 of its lost. So let's say $100 per share, goes down to about $30 and the back to $65. I think they are manipulating the stock price by selling in mass and then re buying to give back. Isn't that illegal? Doesn't that hurt the companies and its stockholders?
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Fuck!