According to a report by the American Legislative Exchange Council (ALEC), unfunded state pension liabilities in the U.S. total $5.82 trillion, equiva…
Author archives: Cristian Bustos
July 4th Fireworks More Scarce and Expensive This Year
Ahead of the 4th of July celebrations in the U.S., fireworks will be scarce and 15% to 20% more expensive after solid sales last year. Alan Zoldan, ex…
Facebook Hits $1 Trillion Cap Record After FTC Lawsuit Dismissed
Facebook (NASDAQ:FB)’s market capitalization surpassed $1 trillion on Monday after a Washington judge dismissed monopoly charges against the company,…
Tesla Ordered To Recall 285,000 Cars In China
Due to a critical safety issue, the Chinese government has ordered Tesla Inc (NASDAQ:TSLA) to recall 285,000 electric vehicles, nearly the all-time to…
Binance, World’s Biggest Crypto Exchange, Banned from the U.K.
The Financial Conduct Authority (FCA) has banned Chinese cryptocurrency platform Binance, one of the world’s largest in terms of volume, from operatin…
Fed’s Rosengren on Housing Market: “The U.S. Cannot Afford Boom and Bust Cycle”
Eric Rosengren, the president of the Boston Fed, warned that the U.S. “cannot afford a boom and bust cycle” in the housing market as it wo…
Panasonic Sells Tesla Shares for $3.6 Billion to Stand Out in Stock Market
According to a company spokesperson, Panasonic Corp (TYO:6752) sold all of its shares in Tesla Inc (NASDAQ:TSLA) for $400 billion yen, or $3.6 billion…
U.S. Bill Against Big Five Monopoly Passes House Vote
U.S. antitrust bill against Amazon Inc (NASDAQ:AMZN), Google – Alphabet Inc Class A (NASDAQ:GOOGL), Facebook Inc (NASDAQ:FB), Apple Inc (NASDAQ:AAPL),…
What Are The Keys To Tesla’s 224% ROI Stock Record?
Despite “overvalue” claims by analysts at some point, Tesla (NASDAQ:TSLA) was the big surprise stock in 2020 after recording a record high…
Oil Prices Could Peak to $100 in 2022, Experts Warn
According to Bank of America Corp (NYSE:BAC)’s analyst Francisco Blanch, oil prices could peak to $100 next year if the high demand continues. T…