stocks

Warren Buffett’s firm has been selling oodles of stock this year in favor of shoring up some serious cash.

Senator Josh Hawley has introduced legislation that would ban lawmakers in Congress from making stock purchases or trades – dubbed the Preventing Elected Leaders from Owning Securities and Investments – or PELOSI – Act.

After a dismal August inflation report was released on Tuesday, the stock market took its sharpest nosedive since June of 2020.

Tulsi Gabbard claimed the “system is rigged” during a conversation about controversial stock purchases made by the husband of House Speaker Nancy Pelosi.

Stocks tanked Wednesday after major retailers’ earnings reports were down significantly because of inflation, sparking a selling frenzy.