Goldman Sachs Launches Long-Rumored Crypto Trading Desk

Goldman Sachs made some big waves within the world of crypto, deciding recently to hire the first member of a new cryptocurrency trading desk. Justin Schmidt will be the first head of digital asset markets in Goldman’s securities division. Schmidt’s previous stops on Wall Street include the quantitative trading firms Seven Eight Capital LLC and WorldQuant […]

Voters Sour On Trump Tax Cuts, Companies Admit It’s a Boondoggle for Investors

The optimism Republicans expected voters to feel from the huge Trump tax cut package has quickly turned sour. In the latest Gallup poll, 48% of respondents said they disapprove of the tax cuts; only 39% approve. Experts are baffled, given that the cuts have increased the take home pay for approximately two-thirds of workers. There are […]

Parkland School Shooting Survivor Calls Out Millions of American Investors for Owning Gun Makers

David Hogg, one of the students who survived the mass school shooting in Parkland, Florida is calling on investors to boycott BlackRock Inc. and The Vanguard Group These are two of the largest investment-management companies in the country, overseeing the retirement funds of millions of Americans. Most have never given a second thought to what they […]

Bill Gates Warns: No Escaping Economic Crisis to Come

Microsoft founder and billionaire Bill Gates (net worth $91 billion!) thinks it’s guaranteed that the world there will face another major financial crisis, maybe even one worse than 2008. He just can’t say when. The tech titan, philanthropist and Warren Buffett confidant offered this alarming assessment during a Reddit “Ask Me Anything” session last week […]