Jul.23 -- Harvard University Professor of Economics and Public Policy Ken Rogoff says that we might not see conventional banks in 30 to 40 years. He thinks regulators are late to the game on regulating cryptocurrencies. He joins David Westin on "Bloomberg Wall Street Week."
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The man credited with igniting the 2021 meme stock rally has posted his first social media message in nearly three years.
Keith Gill, better known as “Roaring Kitty,” posted an image on Sunday of a man sitting forward in his chair, a meme used by gamers when things are getting serious. GameStop was a video game retailer that in 2021 was struggling as consumers switched rapidly from discs to digital downloads. Gill and those who agreed with him changed the trajectory of a company that appeared to headed for bankruptcy.
The tallest building in Fort Worth, Texas, has been bought by a bank for $12.3 million, three years after it sold $137.5 million. Burnett Plaza has 40 stories and is 567 feet tall.
(Reuters) -Shares of videogame retailer GameStop jumped 40% before the bell on Monday after "Roaring Kitty", a former marketer at an insurance firm credited with sparking the 2021 meme stock rally, returned to X.com after a three-year hiatus from social media. Keith Gill, known as "Roaring Kitty" on YouTube and "DeepF***ingValue" on Reddit, was a key figure in the so-called Reddit rally, which saw shares of GameStop surge as much as 21-fold over two weeks in January 2021 before crashing to pre-surge levels in the subsequent days. Gill on Sunday posted a sketch of a man leaning forward in a chair, a popular meme among gamers that indicates things are getting serious.
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It is beating its dividend peers by a wide margin.
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