‘It’s so horrible that I want to buy it’ — Jim Cramer likes these 2 beaten-down tech names that are still posting white-hot revenue growth The market doesn’t seem able to find a bottom. The S&P 500 has fallen about 16% year to date, while the tech-centric Nasdaq is down 26% over the same time frame. But CNBC’s Jim Cramer sees plenty of opportunity amid the market downturn. In fact, the Mad Money host recently revealed two stocks that he wants to buy right now. Here’s a quick look… Source link
Read More »Why the White House thinks ‘this is a uniquely horrible time’ to have the debt ceiling fight
The next steps in Washington’s very busy week are currently up in the air. Senate Republicans blocked an effort to raise the debt limit and also avert a government shutdown Monday night. Now the Democrats are likely going to have to move on those issue one at a time with an Oct. 1 deadline to avert a shutdown and Oct. 15 or soon thereafter to address the debt ceiling. “It’s never even conceivably thoughtful to think about defaulting,” Jared Bernstein, a member of President Biden’s Council… Source link
Read More »Coinbase customers with hacked accounts get no justice from ‘horrible’ US laws: Fintech lawyer
In four minutes, cyber looters pilfered $34,123 worth of virtual currency from a Virginia resident’s Coinbase (COIN) account, the 38-year-old told Yahoo Finance. The man, Ben, says it’s still missing despite his appeals to Coinbase, the FBI, the Securities and Exchange Commission (SEC), the Consumer Financial Protection Bureau (CFPB), the Financial Crimes Enforcement Network (FinCEN), lawmakers, and the Better Business Bureau (BBB). In order for Ben to comply with a policy of his… Source link
Read More »Amazon ‘horrible for workers’ amid union drive: Union president
The ongoing union vote at an Amazon (AMZN) warehouse in Bessemer, Alabama, has drawn attention in recent days from President Joe Biden, actress Tina Fey, and Georgia Democrat Stacey Abrams, among many others. Despite the national spotlight, workers at the warehouse continue to endure grueling and unsafe working conditions as well as aggressive anti-union propaganda, said Stuart Appelbaum, president of the Retail, Wholesale and Department Store Union, which has organized the union drive. “It’s… Source link
Read More »Where do Rams go after horrible loss?
Sunday was a reminder that the NFL is different than other sports leagues. The same four teams aren’t going to rule the sport year after year like it’s the College Football Playoff. The worst team in the NFL can go on the road and beat a strong contender. The New York Jets weren’t just a bad team, they looked like one of the worst teams ever. They beat the Los Angeles Rams, and now everyone will forget the 2020 Jets, like we do with all 1-15 teams (sure, the Jets could win another, but… Source link
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