The Kellington Times
The Heartbreaking Story Of Alex Kearns, A Young College Student Who Thought He Lost $700k On Robinhood And Killed Himself
His parents filed a lawsuit accusing Robinhood of wrongful death, negligent infliction of emotional distress and unfair business practices. They allege that Robinhood’s marketing efforts targeted Gen-Z and younger Millennial customers. The parents also accused the trading app of enticing the novice investors into making risky trades.
There have been a number of complaints from employees at Amazon’s fulfillment centers. Workers have alleged that they are given back-breaking tasks in the warehouses. They also complain of intrusive surveillance technologies, including automated tracking systems and cameras that track their every move. There is a palpable fear that if workers don’t meet specified quotas, they’ll be fired.
The nonpartisan U.S. Congressional Budget Office said on Monday that “raising the federal minimum wage to $15 an hour by 2025 could deliver raises for 27 million workers and lift 900,000 Americans above the poverty threshold—but the policy would cost 1.4 million Americans their jobs over the next four years.”
One of the biggest winners in the war between novice, aggressive day traders and savvy hedge funds isn’t a Wall Street player. Reddit itself made a killing in the wake of the social media buying frenzy of “meme stonks.”
Well before Joe Biden took the oath of office to become President of the United States last week—well before he even won the presidency, in fact—questions have been raised within the Democratic Party over what ideological direction his administration would take.
Elon Musk just spent $1.5 billion of Tesla’s precious $19 billion-plus in cash on bitcoin, and in the process may have it made it more difficult for investors to properly assess the company’s fair market value.
