Robinhood’s new Chinese competition forces Congress’ hand to demand more information
In the world of free and low-commission brokers, Robinhood is the leader, but it faces increasing competition from a startup known as Webull, founded by one of the top executives at China-based e-commerce giant Alibaba. And Webull's relationship with China, which is increasingly viewed as hostile by the United States, could pose a major obstacle […]
World Bank fears Donald Trump’s austerity axemen could demand spending cuts: sources
World Bank officials, who have come under fire for missing $24 billion in climate change funds, are panicking at the prospect of deep budget cuts as President-elect Donald Trump pledges to cut U.S. government spending. The Post reported that. Officials accuse the Washington-based financial institution's top brass of operating it like a slush fund for […]
‘Political prosecutions’: Republican AGs demand end to ‘lawfare’ prosecutions of President-elect Trump
A Republican attorney general has issued a warning to President-elect Donald Trump's prosecutors, asking them to stop “political prosecutions of the president-elect.” “The lawsuits brought against President Trump, especially the criminal charges, had nothing to do with any crime,” Iowa Attorney General Brenna Byrd said in an interview on Fox News Digital this week. “They […]
NYC pols demand Whoopi Goldberg apologize for false Staten Island bakery slam — as store is flooded with orders
Staten Island leaders accuse Whoopi Goldberg of falsely claiming that a Big Apple bakery refused to serve her sweet treats because of her leftist politics as the family-owned store was flooded with orders. demanded an apology. “The View” co-host claimed this week that the popular 145-year-old Halterman's Bakery on Staten Island refused to make a […]
Mortgage rates stall along with demand
Bill Pulte, CEO of Pulte Capital, said given rising mortgage rates, home prices will remain high until supply increases. mortgage interest rate Home prices, which have been rising for the past month and a half, have barely budged this week while purchase demand remains stagnant in a stagnant housing market. Freddie Mac's latest Primary Mortgage […]
Advance Auto Parts shutting 500 stores, cutting jobs amid sluggish demand
Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 under a restructuring plan, as demand for auto parts has been hit by fewer consumers choosing to repair their cars. announced that it would reduce its workforce. The auto parts retailer's stock rose about 2% even though it also reported a surprise […]
XAU/USD: Gold Selloff Continues as Trump Agenda Wipes Out Demand for Haven Trade – TradingView
Important points: Gold falls for 5th straight day Prices down 9% from record Strong dollar and high stock prices weigh on gold Illustration: TradingView With all the volatility in stocks, cryptocurrencies, and foreign exchange, who needs a risk-averse asset? Gold fell 8% in November. gold XAUUSD I'm having a tough timeThe decline intensified after Donald […]
Silver (XAG) Daily Forecast: Tariff Concerns in Solar Sector Impact Future Silver Demand – FX Empire
China's recent economic measures have also worsened the outlook for industrial metals. Last week, the Chinese government announced a 10 trillion yuan debt package aimed at raising local financing and promoting economic stability, but it fell short of market expectations for direct economic stimulus. The disappointment hit the market for industrial metals, including silver, which […]
Embattled hedge fund boss Jason Ader has been living it up in Miami while clients demand cash back
A hedge fund boss who is being sued by his biological mother over unpaid debts lives a wealthy life in Miami and pays high prices even as his employees flee and clients demand his cash back. The Post has learned that he has been on a number of vacations. In a letter to investors, Jason […]
Conservatives demand real action on key issues, no more talk
Republicans have no choice but to face their mission head on. The moment has arrived. This time it should have some significance. They have to keep their word. Conservatives cannot afford to be complacent once election fever cools down. This time, you don't just have to believe, you have to verify. This time should be […]