Wall Street

Wall Street

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

The Consumer Financial Protection Bureau Is A Regulator On A Mission To Hold Wall Street And Banks Accountable—And They’re Aggressively Hiring

The Consumer Financial Protection Bureau (CFPB) is a relatively new regulatory agency that was created in the wake of the financial crisis. This was the brainchild of Senator Elizabeth Warren. She felt that the banks, credit card companies, mortgage brokers and other financial institutions ...Read More