#US sees December job boost to close out 2021

#US sees December job boost to close out 2021

“#US sees December job boost to close out 2021” The US added just 199,000 jobs in December, falling well short of expectations as employers battle workplace disruptions due to the highly contagious Omicron variant, the Labor Department said Friday. Despite the lower-than-expected payrolls, the US unemployment rate fell to 3.9 percent, down from 4.2 percent…

Read More
#Are stock ‘cultists’ pumping AMC shares?

#Are stock ‘cultists’ pumping AMC shares?

“#Are stock ‘cultists’ pumping AMC shares?” AMC Theatres, the teetering movie-theater chain with a stock that trades like a FAANG, was supposed to skyrocket even further last week on a breakout quarter — igniting a “short squeeze” that would crush company naysayers. That was the word on social media and promoted by the stock’s ardent,…

Read More
#Gary Gensler’s overregulation would sink ‘meme’ markets

#Gary Gensler’s overregulation would sink ‘meme’ markets

“#Gary Gensler’s overregulation would sink ‘meme’ markets” BEVERLY HILLS, Calif. — Gary Gensler and his Democratic colleagues on the Securities and Exchange Commission will try to sell their long-awaited report on the “meme stock” trading frenzy as a clarion call for more regulation. But if you remove the report’s propaganda, it shows that our markets…

Read More