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Powell orders ethics review after Fed presidents disclosed multimillion-dollar investments

Federal Reserve Chairman Jerome Powell has directed staff to review the central bank’s ethics rules around appropriate financial activities after filings showed a senior central bank official made multiple multimillion-dollar stock trades in 2020, while others held significant investments. Documents released last week revealed ...Read More

Wall Street just showed the Reddit crowd how to really make money

London (CNN Business)In the early weeks of 2021, amateur traders backing meme stocks like GameStop (GME), AMC Entertainment (AMC) and BlackBerry (BB) captured the world’s attention. As spectacular gains triggered huge losses for hedge funds that bet the shares would fall, a David versus Goliath narrative took hold. Finally, the little guy was triumphing ...Read More