The Kellington Times
We May Have Some Positive News For You!
Newly appointed U.S. Treasury Secretary Janet Yellen said, “[The United States] could reach full employment next year if Congress passes President Joe Biden’s $1.9 trillion stimulus package.”
It’s interesting how in the real work world, there’s rampant ageism, but this doesn’t inhibit the livelihood of career politicians.
Five years ago, 432 Park Avenue was built to house the ridiculously wealthy. One family paid nearly $90 million for a luxury condo. Sadly, it seems that the building is “falling apart,” according to New York Magazine. According to the magazine, ”What was once believed to be a literal pinnacle of high living has turned out to be the most wretched of hellhole.”
Amazon employs over ONE MILLION workers. That’s a lot of people! It’s the second largest employer in the U.S.—after Walmart. What would happen if Amazon employees unionized? This question isn’t theoretical any longer. There’s an aggressive movement among workers to form a union. A vote will be taken this week in an Alabama suburban facility to determine if the warehouse becomes the company’s first unionized U.S. facility.
Stocks rose on Monday, extending advances after stocks’ best week since November last week. The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels. Bitcoin prices spiked more than 12% to a record high of more than $43,000 after Tesla disclosed it purchased $1.5 billion of the cryptocurrency and may start allowing customers to use Bitcoin to purchase products.
Elon Musk has a long history of run-ins with the local, state and federal officials who oversee his growing empires at Tesla Inc. and SpaceX. The world’s richest person shows no signs of changing his ways as President Biden bolsters the regulatory agencies defanged by his predecessor.
The SEC “has been a very cautious agency,” said Andy Green, who served as counsel to SEC member Kara Stein later in Obama’s presidency. “I think it’s going to be a breath of fresh air,” he said. What Gensler “got done [at the CFTC] in four years [is] what the SEC basically couldn’t finish in eight. He’s not going to be afraid to call call BS on those who are coming and saying, ‘oh it can’t be done,’” said Green.
