Citadel Announces Move From Chicago to Miami — Here's Why
Ken Griffin, the CEO of Citadel, has had growing issues with Chicago over the years. Now, he plans to leave Chicago and take his company with him.
News
For the latest news in finance including current events and political developments affecting the economy, you've arrived at the right place.
NFL Commissioner Roger Goodell Denies Knowledge of Dave Portnoy’s NFL Game Ban
What is David Portnoy banned from NFL games? The ban came up during NFL Commissioner Roger Goddell’s recent testimony before a House committee.
Celebrities Banned From Countries: Morgan Freeman, Justin Bieber, Brad Pitt, and More
The list of celebrities banned from countries now includes Morgan Freeman, who's one of 963 Americans blacklisted from traveling to Russia.
Supreme Court Hands Down ‘Dobbs’ Decision, Overturns ‘Roe v. Wade'
The Supreme Court handed down its decision in the 'Dobbs v. Jackson Women’s Health' case on June 24, 2022. The ruling overturned 'Roe v. Wade'.
Where Is Jeffrey Clark? Federal Agents Raid Former DOJ Lawyer’s Home
Where is former DOJ environmental lawyer Jeffrey Clark after his home was raided by DOJ law enforcement officials on June 23, 2022?
What Happens If Russia Takes Over Ukraine’s Capital Kyiv?
Months into Russia’s war on Ukraine, capital city Kyiv still holds firm. But will it last? Here’s what will happen if Russia takes over Kyiv.
Do Religious Schools Pay Taxes? Yes and No
On June 21, the U.S. Supreme Court ruled that taxpayer dollars could be used to pay for religious schools. Do religious schools pay taxes?
New U.S. Treasurer Lynn Malerba Has Extensive Qualifications
President Biden appointed the first Native American U.S. treasurer. Here’s what to know about Chief Lynn Malerba, including her qualifications.
Dominion Sues Fox News for $1.6 Billion — Defamation Case, Explained
Dominion Voting Systems has faced scrutiny since Fox News claimed that Dominion machines helped Biden win in 2020. Now, Dominion is suing Fox.
Latest Updates in the Roundup Cancer Case, Explained
In the latest update on the Roundup cancer case, owner Bayer hoped thousands of cases would get dismissed. The court upheld the finding that Roundup caused cancer.
Staffing Shortages Reach Nursing Homes — Serious Issue Isn't New
The nursing home industry is now getting hit by another wave of staffing shortages. Here's why the staffing shortages are dangerous for residents.
Elon Musk Is Against Unions — Here's What He Said About Them
Elon Musk has a known contempt for labor unions. Why is he against them? Let's look at what Musk has said about labor unions in the past.
Professional Golfers Are Leaving the PGA for LIV Golf, Causing Waves
LIV Golf is one of the newest professional golf tours in the world backed by Saudi Arabia. Why is the golf tour so controversial in the sports world?
Fox News Paid Former Host Melissa Francis $15 Million Following Pay Gap Claim
What happened to Melissa Francis? Fox News paid the former ‘Outnumbered’ co-host a $15 million settlement after taking her off air. Find out why.
Rumors of Pope Francis Resignation Swell Amid Unusual Vatican Meeting
Is Pope Francis going to resign? People noticed unusual meetings at the Vatican, along with the Pope's declining health. Are the rumors true?
Kellogg to Split Into Three Public Entities — What Investors Can Expect
Kellogg’s Board of Directors has approved a plan for it to split into three independent public entities. Get the details on what will happen to its stock.
Gas Rebate Cards: Biden Looks at Options to Alleviate Rising Gas Prices
President Joe Biden is looking for ways to help Americans alleviate the pain at the pump. One thing he is considering is gas rebate cards. What are gas rebate cards?
DocuSign CEO Dan Springer Steps Down, Interim CEO Will Replace Him
DocuSign is in the weeds, and CEO Dan Springer is stepping down to let someone else take charge. Who will be the next DocuSign CEO?
Higher Government Spending Does Cause Inflation — Here's Why
Amid multi-decade high inflation, many have been trying to apportion the blame for the price rise. Does high government spending cause inflation?
Would a Recession Lower Car Prices? Demand Remains High Despite Prices
As the U.S. faces a potential recession without a break in inflation, how are car prices expected to fare? Do car prices go down during a recession?
Is There An Age Limit For President? Not Right Now
President Joe Biden’s recent fall off his bike has got many on social media talking. At 79, Biden is the oldest U.S. President. Is there an age limit for President?
What Industries Are Hit Hardest by Inflation? Sectors, Explained
Certain industries are feeling the inflation squeeze more than others. Let's discuss which sectors inflation impacts the most and why.
States’ Stimulus Checks Could Help Residents Fight Inflation Woes
As skyrocketing costs pressure consumers, some states are sending out inflation stimulus checks.
Larry Summers Predicts a Recession, While Biden Says It’s ‘Not Inevitable’
Former Treasury secretary Larry Summers has predicted a recession in the U.S. What do other economists have to say on the matter?
Identity of Watergate Source Deep Throat Was a Secret for More Than 30 Years
What was Deep Throat’s role in Watergate? Learn more about W. Mark Felt, the former associate FBI director who helped expose the Nixon administration.
Why Are Layoffs Happening? Blame the Pesky Economic Downturn
Why are layoffs happening? Learn more about the economic conditions leading companies to downsize — and see what warning signs to watch out for.
A Recession Isn't the Only Market Concern, Inflation Could Make It Worse
The U.S. is currently grappling with a lot of pressures and a potential recession is the top concern. Do prices go down during a recession?
Where Will the World Cup Final Be in 2026? FIFA Names Host Cities
This week, FIFA announced that 16 cities in the U.S., Canada, and Mexico will host the 2026 World Cup. Where will the World Cup final be in 2026?
Stephanie McMahon Named Interim Chairwoman and CEO, Vince McMahon Steps Away
Recent reports revealed that WWE Chairman Vince McMahon could have been involved in an affair with an employee, and agreed to a settlement with her.
Julian Assange’s Extradition From U.K. Approved — What Happens Next?
If Julian Assange is handed over to the U.S., he could face up to 175 years in prison if convicted of the charges filed against him.
Explainer: Pfizer vs. Moderna COVID-19 Vaccines for Kids Under 5
Pfizer and Moderna both offer a COVID-19 vaccine for kids under five. Now, the FDA has approved both vaccines for children over six months of age.
SpaceX Accused of Firing Employees Over Open Letter That Shuns Musk
An open letter drafted by SpaceX employees claims Elon Musk’s recent behavior is “distracting” and “embarrassing.” Some employees have reportedly been fired as a result.
Recessions Are Normal, but Are They Good for the Economy?
Recessions are normal in any economy, including the U.S. Are recessions always bad for the economy or can they be good at times? Let's discuss.
How the Fed’s Interest Rate Increase Should Help the Economy
The Fed raised interest rates by 75 basis points at its June 2022 meeting. Why does the Fed raise interest rates?
How a Recession Could Really Affect the Stock Market
Each recession is different, but here’s how an upcoming recession could impact the stock market. Let's take a look at past scenarios and the current landscape.
An Olive Oil Shortage Might Be on the Horizon in 2022 — Here's Why
Ongoing supply chain issues combined with a killer bacteria could lead to an olive oil shortage. Find out more about the potential shortage here.
Audi Is Suing NIO for Alleged Trademark Infringement
German automaker Audi is suing NIO on alleged trademark infringement. Here’s what the lawsuit says and what’s next for the two automakers.
Has Inflation Peaked Already or Will It Get Worse in 2022?
Recently, inflation has been at very elevated levels and near a four-decade high. Has inflation peaked or will it get worse in 2022?
Dr. Oz Isn’t Dead — He’s Caught in the Middle of an Inheritance Battle
TV personality and retired physician Dr. Oz isn’t dead—he's caught in the middle of an inheritance battle involving his sister.
Democrats Target Greg Abbott After Odessa Water Shortage Crisis
Residents in Odessa, Texas, have been facing a water crisis. What’s causing the Odessa water crisis? Democrats are targeting Governor Greg Abbott.
Interest Rates Would Go a Lot Higher as Fed Covers Its Historic Mistake
Fed Chair Jerome Powell has announced a 75 basis point rate hike, the biggest since 1994. How high will interest rates go in 2022?
Microsoft Ends Internet Explorer, Pushes Its Edge Browser
Internet Explorer, the original web browser launched by Microsoft in 1995, ends its gradual phase-out today. The company is pushing Microsoft Edge as its browser.
Don't Let the Heineken Beer Contest Scam Spoil Your Father's Day
The Heineken Beer Father’s Day Contest scam recently surfaced on WhatsApp. Here's what you need to know about it. Don't let the scam ruin Father's Day.
What Happened With Fisher Investments? Past Allegations, Explained
Ken Fisher of Fisher Investments has a history of controversy. Here's the rundown, including where the billionaire investor and Fisher Investments stand today.
Carley Shimkus Pursued TV Journalism After a Brief Stint as a Model
Charley Shimkus’s salary as ‘Fox & Friends First’ co-host has to be more than what she earned as a Halloween costume model. What does she earn?
Charles Schwab Agrees to $187M Settlement — Who Gets the Money?
Charles Schwab has agreed to pay $187 million in a settlement surrounding its robo-advisor product. Who gets the payout? Here's what we know.
Add Dog Food to the Ongoing Shortage List — All the Details
Humans aren't the only ones experiencing a food shortage. Dog food companies have dealt with shortages as well. Why is there a shortage?
Fox News Laid Off “Real” Journalists — Chris Stirewalt Was One of Them
After Chris Stirewalt called the Arizona election results early on that favored Biden as the new president-elect, he was laid off from Fox News. Get more details here.
What Happened to Illinois Rep. Sean Casten's Daughter?
Illinois Congressman Sean Casten and his family are mourning the death of his 17-year-old daughter, Gwen, who died Monday at the family’s home in Downers Grove.
Bipartisan Gun Bill Seeks to Curb the "Boyfriend Loophole"
The bipartisan gun bill seeks to curb the “boyfriend loophole.” What is the “boyfriend loophole” and how does the bill seek to address it?