Dow Plunges 3,583 Points In The Biggest Stock Plunge Since 2008

The Dow Jones plunged 3,583(12%) this week in the worst stock plunge since 2008. The S&P 500 lost 11.5% and the Nasdaq lost 10.5%. Fears of a global pandemic and major outbreak of the Coronavirus(COVID-19) have...

Bernie Sanders Wins The Democratic Nevada Primary

Bernie Sanders won the Democratic Nevada Primary on Saturday night bringing in 6,788 votes and 24 delegates. Joe Biden finished in 2nd place in Nevada with 9 delegates and 2,927 votes. For the top 6 candidates...

Wells Fargo Settles With US Government For $3 Billion

Yesterday the Department of Justice announced that Wells Fargo has agreed to pay $3 billion in fines due to banking gaming practices. The fines that were due to gaming practices are identified as followed: Forging customer...

President Trump’s Travel Ban For 6 Countries Goes Into Effect

The Trump administration's travel ban that extends to 6 additional countries goes into effect today. Those 6 countries are Kyrgyzstan, Myanmar, Eritrea, Nigeria, Sudan, and Tanzania. In President's Trump Proclamation(9983) he said, "Since the Acting...

President Trump Pardons 7 And Commutes 4

Yesterday President Trump Pardoned 7 people and commuted the sentences of 4 people. The current list of people pardoned by the President yesterday, offenses committed and sentences are as follows and can be found here: 1)Angela...

HSBC Will Be Laying Off 35K Employees

HSBC announced it will be laying off 35,000 employees over the next 3 years after a 33% plunge in profit in 2019. HSBC interim CEO Noel Quinn said,"It is fair to say that our course...

Attorney General Bill Barr Criticizes President Trump

In an interview with Attorney General Bill Barr yesterday, Barr criticized President Trump and said Trump's public tweets about the Department of Justice need to stop. Barr said, "I think it’s time to stop the...

Bernie Sanders Wins The New Hampshire Primary

Bernie Sanders won the New Hampshire Primary last night bringing in 75,690 votes and 9 delegates. The New Hampshire race was very close for Sanders yesterday especially since Pete Buttigieg lost by a narrow...

Judge Rules In Favor Of Sprint And T-Mobile Merger

US District Court Judge Victor Marrero ruled in favor of the Merger between wireless carrier Sprint and wireless carrier T-Mobile earlier today. The news of the merger initially caused the share price of Sprint to...

Presidential Candidate Elizabeth Warren’s Wealth Tax

Presidential Candidate Elizabeth Warren has proposed a Wealth Tax on people making more than $50 million and an even larger tax if they make more than $1 billion. According to Warren's current proposition if the...