Dear Moneyist, I divorced my ex-husband in 2017. It was a difficult divorce, and later he quit paying child support and we were in a long court battle, which now continues after his death. The 2017 divorce decree stated my ex was to maintain the current life-insurance policy we had …
Read More »Peter Morici: The antitrust case against Facebook is bad economic policy
The Federal Trade Commission and 47 states are suing Facebook for allegedly squelching competition by acquiring startups, and seeking divestiture of Instagram and WhatsApp. The suits are without merit and bad economic policy. Facebook FB, -2.83% offers users a tool to create online bulletin boards where individuals, affinity groups and businesses can communicate personal news, collaborate, market products and …
Read More »Peter Morici: Trade will be the toughest test for Biden’s foreign policy
Joe Biden campaigned on a platform to restore America’s standing in the world by repairing ties with our allies, create greater domestic equity through improvements in the Affordable Care Act and aggressive efforts to advance the interests of women and minorities, and accelerate U.S. efforts to reduce greenhouse gases. The …
Read More »General News: Goldman Sachs is launching a new trading platform as an insurance policy. Here’s why.
Goldman Sachs is being forced to open a new stock-trading hub in Paris, due to uncertainty surrounding Brexit and London’s future as a European center for the trading of equities. The investment-banking giant announced on Tuesday that it would open the new hub before the end of the year, pending …
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