Trump Fires Fed's Cook Alleging False Statements on Mortgage Forms
Trump moved to remove Federal Reserve Governor Lisa Cook from her post at the US central bank in the wake of allegations that she falsified documents on mortgage applications.
Stock Track | GameStop Plummets 5.03% as Meme Craze Cools
In the pre-market session on Friday, shares of GameStop Corp. plummeted 5.03% amid waning interest from retail investors in the meme stock frenzy.The video game retailer's stock had surged earlier this week after the popular Reddit trader "Roaring Kitty" made a cryptic social media post, fueling speculation of another potential short squeeze. However, the hype around GameStop and other meme stocks appears to be fading, leading to profit-taking by investors who had piled into the trade.GameStop'
GameStop Reports Third-Quarter Profit on Spending Cuts
$GameStop(GME)$ reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.CEO Ryan Cohen told inv