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,…
Heresy Financial: Hedge Fund FAILS: Banks Lose Billions,…
In this video, we break down the real danger behind the recent failure of hedge fund Archegos Capital. Their failure to meet a margin call has resulted in billions of dollars of losses for at…
Postmaster General Announces 10-Year Plan, Including Longer Delivery…
Postmaster General, Louis DeJoy announced a 10-year plan for the U.S. Postal service which till ultimately result in cuts to Post Office hours and longer mails delivery times. DeJoy announced the plan while also including…
Pixabay
Exxon Mobil Sees Major Downfall Amid Covid Pandemic
Exxon Mobil's oil and gas reserves have dropped by over a third in the last year as the Coronavirus pandemic destroyed global oil prices. The company also reported that it would cut 15% of its…
Researchers Predict Working From Home to Last Long…
Many Americans have been forced to adjust to working from their homes due to the Coronavirus pandemic. While some have enjoyed it and even seen a rise in productivity levels many others have been left…
Pixabay
Why You Can Expect Lower Energy Prices This…
Americans can expect to pay lower rates on fuel and electric bills this winter according to energy expert Stephen Schork of The Schork Group. Schork predicts that in the coming months Americans won't be paying…
Jim.henderson, CC BY-SA 4.0 , via Wikimedia Commons
UPS Imposed Shipping Limits on Retailers Ahead of…
As the Coronavirus pandemic wages on into the holiday season retailers are doing everything in their power to drive online sales while instore traffic dwindles. Cyber Monday is the largest online shopping day of the…
Pixabay
Starbucks is Giving Raises to Every U.S. Employee
Starbucks has confirmed plans to give every in-store employee a raise before the end of the year. All baristas, cafe attendants, and supervisors can expect to receive at least a 10% increase, and those who…