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Biden pitches spending plan, declares ‘climate crisis is…

President Biden on Thursday, in laying out his administration’s response efforts to Hurricane Ida and wildfires in California, declared that the "climate crisis is here," while pushing Congress to take action in his government spending plan. During remarks…

Ildar Sagdejev Via (https://creativecommons.org/licenses/by-sa/4.0/) Wikipedia Commons

Wells Fargo Scandal Restitution in Hot Water

Five years into scandals that have already cost Wells Fargo & Co. more than $5 billion in fines and legal settlements, regulators are privately signaling they’re still not satisfied with the bank’s progress in compensating victims and…

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Infamous Fraud of Elizabeth Holmes Begins Trial

Holmes, now 37 years old, faces a total of 12 charges—two counts of conspiracy to commit wire fraud and 10 counts of wire fraud—for allegedly engaging in a multi-million dollar fraud scheme alongside Theranos’ former…

Heresy Financial: The Strange Accounting Of Bitcoin On…

In this episode, we talk about the ridiculously complicated way that bitcoin is reported and accounted for on corporate balance sheets according to Generally Accepted Accounting Principles. Because bitcoin doesn't fit cleanly into other categories,…

Hackers Make New Target as Consumers Shift to…

Cybercriminals are homing in on the financial services industry as more consumers shifted to digital transactions during the pandemic. The percent of suspected digital fraud attempts across U.S. industries rose 25% during the first four months of…

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