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What's the big deal if the Fed funds rate goes from 0% to 0.8%?

Outlook: The data plate is skimpy today, just jobless claims and PPI. Someone is sure to try to make hay out of jobless claims. PPI is going to underg ....

United Kingdom , Brexit Boris , Peter Pan , Joe Wiesenthal , Fed Funds , Tidbit Ever , Rockefeller Morning Briefing ,

States Ending Unemployment Benefits Early Not Seeing Stronger Job Growth: Analysis

In a bid to force more people back into the workplace, a group of mostly Republican governors cut off federally ....

Joe Wiesenthal , Covid 19 , Unemployment Benefits ,

The Mystery of the $113 Millıon Deli


The Mystery of the $113 Millıon Deli
https://www.nytimes.com/2021/06/02/magazine/your-hometown-deli.html
Credit.Illustration by Kelsey Dake
The Mystery of the $113 Millıon Deli
It made headlines around the world: a New Jersey sandwich shop with a soaring stock price. Was it just speculation, or something stranger?
Credit.Illustration by Kelsey Dake
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In a letter
to his investors this April, David Einhorn, founder of the hedge fund Greenlight Capital and a well-known short-seller, complained that the stock market was in a state of “quasi anarchy.” As one piece of evidence, he pointed to Elon Musk, whose commentary on Twitter, Einhorn said, amounted to market manipulation. “The laws don’t apply to him, and he can do whatever he wants,” Einhorn noted. As another example, he cited a restaurant in rural Ne ....

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