Bill Ackman: The ultimate regulator is Visa 8/2/22
In our continuing coverage of the lawsuit against Pornhub parent MindGeek and Visa, hedge fund investor and Pershing Square billionaire Bill Ackman discusses the next steps he expects Visa and other c...
2 Aug 202241min
The Visa, Pornhub, Bill Ackman Story 8/1/22
A district judge has denied Visa’s motion to be removed from a lawsuit against MindGeek, Pornhub’s owner. The judge upheld the legitimacy of the plaintiff’s allegation that Visa “knowingly” provided t...
1 Aug 202234min
The Gulf Takes the Green, The Influencer’s Influence, & A ‘Really Weird’ Recession 7/29/22
As the Saudi-backed LIV Golf tournament begins, fans and athletes debate whether pros can simultaneously condemn human rights violations in Saudi Arabia and accept the Kingdom’s prize money. President...
29 Jul 202227min
Recession, Recession, Recession? 7/28/22
The Federal Reserve has once again hiked interest rates by 0.75%, but the markets breathed a sigh of relief at the central bank’s signal that the peak hikes might be behind us. Today’s GDP data reveal...
28 Jul 202226min
Tech’s Quarterly Tea Leaves & Hulu, Open for More Politics 7/27/22
Microsoft and Alphabet both missed analyst expectations in quarterly financial results, pointing to “uncertainty” ahead. Investors were buoyed by certain metrics, though, and Wall Street anxiously awa...
27 Jul 202223min
Retailers Be Warned & Coffee for Crypto 7/26/22
Walmart has issued a dire warning to Wall Street, sending share prices of other retailers lower after cutting its profit outlook. Congress aims to move on U.S. chip manufacturing legislation this week...
26 Jul 202224min
The “R” Word & Summer Invites: Billionaire or Bust 7/25/22
The U.S. economy may see two consecutive quarters of GDP contraction, but the White House isn’t ready to call it a recession. Whatever we call it though, today’s economic and political environment has...
25 Jul 202228min
Polio’s Back? and Our Viral News Flash 7/22/22
President Biden has tested positive for covid-19, and the White House has shared his prognosis and treatment. Former FDA Commissioner Dr. Scott Gottlieb discusses the President’s health status, Paxlov...
22 Jul 202225min
