This Day in Alaska History-March 2nd, 1915
US House Members Unveil Stock Trading Ban: Bipartisan Restoring Faith in Government Act
“When members have access to classified information, we should not be trading in the stock market on it,” said Rep. Alexandria Ocasio-Cortez. “It’s really that simple.” Four members of the U.S. House of Representatives from across the political spectrum came together on Tuesday to introduce the Bipartisan Restoring Faith in Government Act, which would ban federal […]
Controversy Over GameStop’s Stock Market Saga Explained
In recent days, American financial markets have been gripped by the saga of a video game retailer’s soaring stock price. GameStop, which makes most of its money selling video games in stores across America, saw its stock price rise as much as 1,700% this week, backed by fans who believe it is unfairly undervalued by […]
‘150,000 Americans Sacrificed for the Stock Market’: Kushner Reportedly Advised Less Covid-19 Testing to Calm Wall Street
President Donald Trump’s son-in-law and special advisor Jared Kushner reportedly urged his father-in-law in the early stages of the coronavirus pandemic not to prioritize testing or ordering potentially life-saving equipment like ventilators because of fears it might drive down stock prices. Kushner’s efforts to convince the president not to take decisive action were first reported in […]