Today is 4/20, a counterculture holiday based on the celebration of cannabis. A few years ago, the day would have confounded some. Now, 4/20 is so mainstream that it trends on social media. Cannabis simply ...
Competing Narratives There are three versions of the Covid origin story. All seem to agree that the disease first appeared in the city of Wuhan in central China. All accept that SARS-CoV-2 probably emerged initially ...
Cultural and generational differences can cause friction between you and your parents. At the beginning of my personal finance journey in 2016, the best I could do to help my family was pay for groceries ...
The highly anticipated release of GPT-4, the latest iteration of OpenAI’s groundbreaking language model, has sent ripples of excitement throughout the banking and fintech industry. The speed at which GPT is evolving, with its increased ...
Bank crises have been around as long as banks have been in existence. The classic Christmas movie, It’s a Wonderful Life, is the easiest way to understand the concept. Banks, in their simplest form, take ...
With the tax deadline just a few weeks ago—Tax Day is April 18—taxpayers are scrambling to finish and file their returns. One thing that may be causing some confusion this year? Cryptocurrency. While it’s not ...
It’s the 15-year anniversary of the government intervention to facilitate the JP Morgan Chase purchase of Bear Stearns. To commemorate the occasion, the banking system and Washington, D.C. decided to have another banking crisis. Paraphrasing ...
Silicon Valley Bank (SVB VB ), known as the tech industries go to financial institution (and the 16th largest US bank), collapsed. This is the second-largest bank failure in US history. More than half of ...
The first indication that a financial crisis was brewing, more than 15 years ago, was not the collapse of Lehman Brothers but the one in June 2007 of two hedge funds sponsored by now-defunct Bear ...
Not everyone has heard of SHA-256, but I believe it to be one of the greatest American inventions of the 21st century. Developed by the National Security Agency (NSA) in 2001, SHA-256 is a secure ...
The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon Valley Bank and Signature ...
Philosophers amongst you will be familiar with the work of Rene Descartes – a mathematician, epistemologist, and rationalist – much of his work laid the ground for modern philosophy and in particular the strand that ...
Close on the heels of Donald Trump’s idea to build up to ten “freedom cities” on federal land come reports that Elon Musk is planning a “Texas Utopia”—his “own town” says the Wall Street Journal. ...
Xi Jinping has officially started his precedent-breaking third term in office as Chinese president, effectively cementing his status as the country’s most powerful leader since Mao Zedong. He received on Friday a unanimous endorsement from ...
The Bureau of Labor Statistics has just released its jobs report for February 2023. It shows that payroll growth was 311,000, which remains very strong. Hourly earnings grew by 4.7 percent over the past year, ...
Many people find it hard to be retired. The concept is relatively simple: Stop working and hope Social Security and savings cover all of your bills. But in real life, it doesn’t always work out ...
Our theme of Internet Infrastructure Stocks – which includes a diverse set of companies that sell hardware and software that underpin the Internet — had a rough 2022, declining by about 39% through the year, ...
Suddenly – prices are falling everywhere you look. Not just falling, but “plunging,” “plummeting,” “collapsing.” “Home Prices Fell in November for Fifth Straight Month” – WSJ (Jan 31, 2023) “Apartment rents fell in every major ...
Predicting a given new vehicle’s eventual resale value down the road is a crapshoot in the best of times, but given the state of the used car market in recent years it’s become a far ...
It’s been a year since the Western world kicked Russia out of the club — capturing over $200 billion of its central bank reserves, sanctioning everyone on the business class A-list, and bringing Russia’s European ...
For the first half of 2023 the Fed’s remaining decision will come on on March 22, May 3 and June 14 with the interest rate announcement coming at 2pm ET and a press conference at ...
On Wednesday, ChatGPT creator OpenAI launched an application programming interface (API) for ChatGPT and its speech-to-text app Whisper, and several major companies announced they were using the service. Bain & Company: The management consulting giant ...
Is Elon Musk spending so much time on Twitter that he can’t manage Tesla well? Judging by the 6% drop in Tesla stock and an underwhelming Investor Day in Austin, he needs to do a ...
Visa, Mastercard Pause Crypto Push in Wake of Industry Meltdown U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses ...
Whiskey cask investment has grown in popularity as an alternative investment in recent years, with the value of premium whiskey consistently appreciating. As we move into 2023, industry experts are making predictions on what we ...