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Hedge funds are getting crushed by the worst short squeeze in a quarter century
Hedge funds that bet against GameStop and other stocks have been crushed by the Reddit army -- and they're infecting the rest of Wall Street. The most heavily shorted stocks have nearly doubled in value over the last three months, according to Goldman Sac ...[Read more]
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Texas mayor resigns after telling residents without power during bitter cold snap to ‘get off your ass’
At a time when the Lone Star State is being battered by severe winter weather, record cold and widespread power outages, Tim Boyd — the far-right Republican mayor of Colorado City, Texas — lambasted residents of his city for complaining about be ...[Read more]
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Universal Health Care is a Popular Idea in America, So Why Does Biden Seem Intent on Enriching Private Insurance Companies? – CounterPunch.org
A new poll by Morning Consult and Politico finds that a majority of Americans—55 percent—support Medicare for All. Strangely, the pollsters headlined their results by saying, “Medicare for All Remains Polarizing.” Nearly 80 percent of all Democrat ...[Read more]
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We Need to Give the Workers a Fair Shot: Jane McAlevey on What Went Wrong in Amazon Union Vote
Labor organizer and scholar Jane McAlevey says there were many warning signs that the historic Amazon union drive in Bessemer, Alabama, would fail. Workers at the Amazon warehouse voted overwhelmingly against forming a union after a months-long vote by ma ...[Read more]
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Ady Barkan Takes Medicare for All Fight to California to Prove ‘Single Payer Healthcare Works in America’
After years of lobbying political candidates and lawmakers in Washington to support Medicare for All and helping to bring the issue to the forefront of the healthcare debate in the 2020 election, advocate Ady Barkan announced Tuesday he is bringing the fi ...[Read more]
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Amazon Is Dictating the Personal Hygiene of Contract Drivers including Fingernail Length
Amazon is dictating the hygiene and monitoring the social media posts of drivers that it’s contracting from other small companies, new documents show. The policies are part of a litany of strict guidelines that recent reporting has found Amazon workers ...[Read more]
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100 days on, what impact has Brexit had on UK-EU trade?
Official UK figures in March showed the UK recorded a record fall in trade with the EU in January, as the economy struggled with post-Brexit rules and the pandemic. Goods exports plunged by 41% and imports by 29% as the UK's departure from the EU's single ...[Read more]
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Billionaires made $3.9 trillion during the pandemic — enough to pay for everyone’s vaccine
A new report from Oxfam found that the world's billionaires didn't just recoup losses from the coronavirus: Their collective wealth increase could pay for the entire world's vaccinations and prevent anyone from falling into poverty. "The increase in the w ...[Read more]
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‘Unprecedented’: Madagascar on Verge of World’s First Climate-Fueled Famine
"These people have done nothing to contribute to climate change," said one U.N. official. "They don't burn fossil fuels... and yet they are bearing the brunt of climate change." ...[Read more]
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750,000 Households May Face Eviction If Congress Doesnt Act, Says Goldman Sachs
Anew analysis from finance firm Goldman Sachs finds that if Congress doesn’t act soon to pass an eviction moratorium, 750,000 households could face eviction in the fall and winter. The investment bank estimates that between 2.5 and 3.5 million people in ...[Read more]
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A Century Ago, Miners Fought in a Bloody Uprising. Few Know About It Today.
At the Battle of Blair Mountain, thousands of miners clashed with sheriff’s deputies in the largest insurrection since the Civil War. ...[Read more]
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