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Tesla Buys $1.5 Billion in Bitcoin
Tesla announced that it bought $1.5 billion in Bitcoin in an SEC filing after its CEO Elon Musk’s repeated promotion of the cryptocurrency. The filing
COVID Fees at Doctors’ Offices, Living Facilities, Restaurants May be Illegal: Washington Post
Undisclosed fees related to coronavirus reparations and personal protective equipment (PPE) may be illegal, the Washington Post reported on Feb. 5. Fees to cover financial damages to
McKinsey Pays $573 Million Settlement for Opioid Advice
McKinsey and Co., one of the “Big Three” management consulting firms, will pay $573 million as a settlement to numerous states suing over the company’s
Biden Considers Student Debt Forgiveness via Executive Action
The Biden Administration is considering levying executive action to forgive student debt, White House Press Secretary Jen Psaki said in a tweet on Feb. 4.
Weekly Jobless Claims Fall
The number of Americans filing for unemployment benefits has fallen for the third straight week, a good sign for America’s economic recovery from the coronavirus pandemic.
Jeff Bezos Steps Down as Amazon CEO
Amazon’s CEO and Founder, Jeff Bezos, announced that he is stepping down in the third quarter of 2021 as the company’s CEO, bringing an end
Podcast: Why Consumer Confidence is so High
The team at The Indicator From Planet Money on NPR discusses why consumer confidence is high, despite the ongoing pandemic the U.S. is facing with
Questions Still Remain as Spotify Looks to Podcast and New Technology for the Future
On Feb. 3, Spotify’s fourth-quarter financial earnings showed returns higher than initially anticipated. Active users have increased by 27% to include 345 million monthly users,
Weekly Vaccine Supply for States to Increase
The White House will increase its weekly vaccine supply to states by some 5% percent for the next three weeks, on top of the 16%
New Technologies Take Top Priority on CFPB Consumer Financial Law Recommendations
Financial regulators should be cautious of “unduly and prematurely restricting the use of new sources of data” as consumer credit markets evolve to include Artificial