Topline Agents from the Federal Bureau of Investigation looked for nuclear weapon-related records when they executed a search warrant at former President Donald Trump’s Mar-a-Lago home earlier this week, the Washington Post reported Thursday, offering a hint as to why authorities undertook such an unprecedented search. The Atlantic Ocean is seen adjacent to President Donald… More
Topline A former Virginia police officer was sentenced Thursday to more than seven years in federal prison for his role in the January 6 riot, tying for the most severe sentence for a Capitol riot-related case so far, as federal prosecutors and judges work their way through hundreds of defendants arrested in the wake of… More
Topline An armed man who fled after attempting to breach the Cincinnati FBI office Thursday morning has been killed after a standoff with police, according to multiple reports. he seal of the FBI hangs in the Flag Room at the bureau’s headquarters on March 9, 2007 in … [+] Washington. (Photo by Chip Somodevilla/Getty Images)… More
Topline Writer and actress Quinta Brunson has inked an overall deal with Warner Bros. Television for her future television projects, committing to continue her relationship with the media company that produced her hit show Abbott Elementary, which she created and stars in. LOS ANGELES, CALIFORNIA – APRIL 10: Creator/Writer/EP/Actor Quinta Brunson speaks onstage during …… More
Topline The stock market fell despite more economic data that showed pricing pressures eased in July, which added to investors’ hopes that inflation may have peaked—though some experts warn it could still be a long way to go before the Fed pivots away from its aggressive monetary policy tightening. Wholesale inflation fell in July, adding… More
Topline Several Wall Street experts are warning that despite moving higher in recent weeks, the stock market still has further to fall—with recent gains likely to be nothing more than a “bear market rally,” as investor concerns about Fed rate hikes and slowing economic growth continue to weigh on markets. Recent optimism about a market… More
Topline Meme stocks surged higher on Monday—with shares of Bed Bath & Beyond jumping nearly 40%, while GameStop and AMC also rallied—as retail traders bought up shares in a coordinated effort, causing some experts to warn that meme stock mania has made a comeback. Reddit investors are once again driving up the share prices of… More
Topline A jury in Austin, Texas, decided Friday that Infowars host Alex Jones should pay $45.2 million in punitive damages to the parents of a victim of the Sandy Hook Elementary School mass shooting over his promotion of false conspiracy theories that the massacre was a hoax. Alex Jones attempts to answer questions about his… More
Topline Digital World Acquisition Corp., the special purpose acquisition company planning to merge with the company behind former President Donald Trump’s Truth Social platform, is asking its shareholders to delay the deadline for completing the deal until 2023, in part because of federal investigations into the transaction. This illustration photo shows a person checking the… More
Topline Shares of Hong Kong fintech firm AMTD Digital continued to plunge on Thursday, crashing for a second day in a row after rising more than 21,000% since its July IPO, with experts calling it a new meme stock and warning investors to stay away from the stock as its valuation looks like “an absolute… More
Topline Shares of under-the-radar Hong Kong fintech company AMTD Digital continued to swing wildly in volatile trading on Wednesday after a more than 21,000% run up since its IPO last month, and although it’s still unclear what’s sparking the wild price action, many are likening it to the meme-stock frenzy of early 2021. The Hong-Kong… More
Topline Shares of Robinhood rose 13.1% Wednesday to $10.44, a three-month high, a day after the online brokerage released dismal earnings and announced it was laying off nearly a quarter of its workers. A sign on Wall Street on the day of Robinhood’s IPO. Getty Images Key Facts In tandem with reporting a 44% drop… More
Topline Stocks rallied on Thursday even after the U.S. economy posted its second consecutive quarter of negative growth which technically translates into a recession– historical data shows markets are likely to continue moving higher in the short-term with the understanding that investors have already priced in the bad news. Historical data shows that markets tend… More
Topline Facebook parent Meta saw its stock plunge in after-hours trading on Wednesday following second-quarter earnings results that came in below expectations, as investors were particularly spooked by the company’s weak revenue forecast and struggling online advertising business. Some analysts warn that Meta faces an “Everest-like uphill battle ahead.” Rafael Henrique/SOPA Images/LightRocket via Getty Images… More
Topline The Federal Reserve on Wednesday again authorized one of the biggest interest rate hikes in 28 years as part of its effort to combat the quickest surge in prices in four decades—doubling down on a series of rate increases that is making a slew of debt offerings, including new mortgages, credit cards and some… More
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