Wells Fargo Fined $3.7 Billion in Widespread Illegal Activities
[ZeroHedge] Wells Fargo has been ordered to pay $3.7 billion by the Consumer Financial Protection Bureau (CFPB) for a variety of illegal activity, including wrongfully foreclosing on homes, illegally repossessing vehicles, incorrectly assessing fees and…
The SEC Names MMTLP In Pump and Dump Scheme Lawsuit
According to the SEC, MMTLP is one of the tickers Atlas Trading was pumping. The SEC recently charged a trading group, including @MrZackMorris for pumping a variety of stock tickers on their discord, per Bloomberg. Regulators are saying eight members of…
SPY Stock Continues to Make Lower Lows and Lower Highs
Looking at the SPY for the year and we see that the market continues to make lower lows and lower highs. SPY stock took a big hit on Wednesday during JPOW’s speech, dropping from $405 to as low as $396. The index closed at $399.40 but continues to…
AMC Entertainment Introduces New Income Stream with Visa Card
AMC Entertainment just introduced a new income stream through its new AMC Visa card. Moviegoers will now get a chance to earn rewards points on all AMC Entertainment purchases. The movie theatre chain currently has a waiting list where the cards will…
Bank of America Expects a Recession by Q1 of 2023
Bank of America is expecting a recession to hit the U.S by the first quarter of 2023. There is a major slowdown happening says CEO Brian Moynihan. Economists are now expecting a volatile market to persist in 2023. A recession may be coming in the first…
