Wall Street Moves to Texas
The TXSE Group announced it has raised $120 million for a new electronic trading platform dubbed the Texas Stock Exchange. Its investors, including BlackRock and Citadel Securities, “represent a significant portion of the equity volume on U.S. lit exchanges and together comprise a majority of all U.S. listed retail volume,” the group said.
Unemployment Jumps Suddenly In May Jobs Report
The unemployment rate unexpectedly jumped to 4%.
Biden Admin Quietly Injecting Radical Policies Into Housing Market — And It Might Bring The Whole System Down
The Biden administration has pushed for easier home financing for higher-risk borrowers amid surging housing costs, increasing the risk of a wave of defaults, experts told the Daily Caller News Foundation.
Gavin Newsom's $20 min wage laws lead to mass layoffs in California: Report
Nearly 10,000 people have lost their jobs since the law took effect on April 1.
Trump promises to end taxes on tip wages at Las Vegas rally
“This is the first time I’ve said this, and for those hotel workers and people that get tips, you’re going to be very happy,” he said in Las Vegas.
Walmart opposes New York plan to add panic buttons to stores
On Friday, the New York State Senate passed legislation that would make stores put panic buttons in their stores and require most retailers with 10 or more employees to provide violence prevention and safety training to their staff.