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Bernie Sanders Demands $20 Minimum Wage When Democrats Retake Congress, Says Americans Won’t Tolerate ‘Rigged’ Economy: ‘No More Excuses’

by Namrata Sen | Oct 16, 2026 | General

Sen. Bernie Sanders (I-Vt.) is urging Congress to raise the federal minimum wage to at least $20 per hour. On Thursday, Sanders wrote on X that Americans “can no longer tolerate a rigged economy”, allowing one person to become a trillionaire while the...

Elon Musk Floats Amazon Rival After Grok AI Bots Hit Shopping Roadblocks: ‘X Shop’ or ‘Grokazon’?

by Namrata Sen | Oct 16, 2026 | General

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk suggested creating an Amazon.com Inc. (NASDAQ:AMZN) rival after users discussed restrictions affecting AI shopping agents. On Thursday, Musk wrote on X, “Maybe we should start a competitor to...

Chamath Palihapitiya Flags ‘Revenue Quality Problem’ in AI, Warns of VC Overdependence — But Crypto Traders See Little Risk of a Crash

by Aniket Verma | Oct 16, 2026 | General

Social Capital founder and venture capitalist Chamath Palihapitiya suspected on Thursday that much of the AI companies’ revenues come from other AI firms that are themselves funded by venture capital. Palihapitiya Weighs on AI Funding and Revenue Palihapitiya quoted...

Why Alcoa Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

by Avi Kapoor | Oct 16, 2026 | General

Shares of Alcoa Corporation (NYSE:AA) rose sharply in pre-market trading after the company reported upbeat earnings for the third quarter. The company posted quarterly earnings of $1.82 per share, which beat the analyst consensus estimate of $1.47 per share. The...

SITE Centers (SITC) Stock Jumps 19% After Hours: What’s Driving the Surge?

by Mohd Haider | Oct 16, 2026 | General

SITE Centers Corp. (NYSE:SITC) shares climbed 18.94% to $3.58 in pre-market session on Friday after the real estate investment trust announced a $3 per share special cash distribution and a plan to voluntarily delist from the New York Stock Exchange. SITC Special...
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