World’s richest men added billions to their fortunes last year as others struggled
The pandemic has forced untold hardships onto many Americans, with tens of millions of families now reporting that they don't have enough to eat and millions more out of work…
Billionaire wealth rises to more than $10 trillion for first time ever amid pandemic
Rich get richer as millions of Americans fall into poverty and 100 million plunge into "extreme poverty" globally Source: Billionaire wealth rises to more than $10 trillion for first time…
World leader doesn’t follow the C19 rules
Netherlands' King Willem-Alexander and his wife cut short a vacation to Greece on Friday after coming under criticism for travelling during the coronavirus pandemic. “We see the reactions by people…
The Great Reset | The global elite’s secret plan for the planet
Governments Use Pandemic To Crack Down On Online Dissent | Barron’s
Governments around the world are using the pandemic as a justification to expand surveillance and crack down on dissent online, resulting in a 10th consecutive annual decline in internet freedom,…
Costa Rica protests the IMF
Costa Rican President Carlos Alvarado on Sunday withdrew a negotiation proposal with the International Monetary Fund and called for a national dialogue after a wave of protests in the country.…
‘Free money’ for banks as investors pile into fractured gold market | Reuters
The world’s largest 50 investment banks are on track to double their income from precious metals this year to around $2.5 billion, most of it from gold, Coalition, a banking…
Are the 1% forcing people out of the cities?
Billionaires are profiting from a pandemic – Baltimore Sun
Since the start of the pandemic, American billionaires have been cleaning up. As more than 50 million Americans filed for unemployment insurance, billionaires became $637 billion richer. Facebook CEO Mark…
Ultra-Rich Tiger 21 Club Stockpiles Cash as U.S. Economy Fears Grow
(Bloomberg) -- A group of multimillionaire investors in the U.S. are hoarding cash at unprecedented levels.Tiger 21, a club of more than 800 investors, reported Thursday that its members have…
Walmart partners with Microsoft for TikTok bid
Dollar Tree and Dollar General sales soar
Even as coronavirus fears prompt consumers to rethink their shopping strategies, dollar-store giants Dollar Tree and Dollar General continue to win over deal seekers. Both chains posted second-quarter earnings results…
Stock Markets Soar To Record Highs
But the booming stock markets will offer little solace to the many millions of people who have lost their jobs and livelihoods as the coronavirus pandemic pushes economies around the…
Home Depot posts record sales – Reuters
The company’s same-store sales jumped 23.4% in the second quarter, surging past analysts’ average estimate of a 10.5% rise, as the home improvement chain emerged as one of the corporate…
Walmart’s online sales nearly double – Reuters
The Luxe Quarantine Lives of Silicon Valley’s Elite | Vanity Fair
Are you going to Travis Kalanick’s party this weekend?” read a text that popped up on my phone a couple of weeks ago. “Umm, no!” I replied. First, I…
Bloomberg: The richest families in the world, ranked
The richest families own billions, possessing $1.1 trillion in wealth collectively, according to Bloomberg. Source: Bloomberg: The richest families in the world, ranked - Business Insider
Australian ‘state’ to deploy military, impose hefty fines to enforce virus lockdown – Reuters
SYDNEY (Reuters) - Australia’s second-most populous state Victoria said on Tuesday military personnel will be deployed to enforce COVID-19 isolation orders, with anyone caught in breach of those rules facing…
How billionaires have stayed at the top during the pandemic – Video
How billionaires have stayed at the top during the pandemic while the US middle and lower classes are experiencing losses pic.twitter.com/ObFSY8uuoO— Business Insider (@businessinsider) August 1, 2020
Big Tech Is Inescapable – The Atlantic
Like many professional families, mine is spending most of our time at home. I watch our younger daughter while my wife works, then we swap. I cheat, though, letting my…
Kodak shares surge 300% after pharmaceutical deal
U.S. agrees to pay Pfizer and BioNTech $2 billion for coronavirus vaccine
Under the agreement, the U.S. will get 100 million doses of the vaccine, if it works, and can acquire 500 million additional doses if needed. The U.S. will pay Pfizer…
Congress created virus aid, then reaped the benefits – SFGate
WASHINGTON (AP) — At least a dozen lawmakers have ties to organizations that received federal coronavirus aid, according to newly released government data, highlighting how Washington insiders were both author…
Wall Street Gold Rush on Record Profit
(Bloomberg) -- Morgan Stanley wrapped up a week of wins for Wall Street trading desks, capitalizing on the Federal Reserve’s extraordinary rescue measures with record profit. Fixed-income trading revenue almost…