TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
With 60% of stocks now being traded by bots that fake each other out in order to create buying opportunities, stock exchanges have lost their connection to the reason markets are created in the first place. The exchanges no longer exist as places for people to buy and sell ownership in a corporation. They exist Read More…
In a nearly unanimous vote on Tuesday, the House passed a bill that imposes new sanctions on Moscow and forces Trump to seek congressional approval before easing any restrictions on Russia. The bill, part of a larger sanctions regimen that would also impose new restrictions and punitive measures on Iran and North Korea, was also passed by Read More…
After nervous customers panicked and drained their accounts, ultimately causing the collapse of Spanish bank, Banco Popular, equally jittery European Union officials are debating the merits of freezing access — preventing anyone from withdrawing any money — at the first sign of a bank run. Proponents claim measures to halt a rush of withdrawals would Read More…
Wells Fargo is now under fire for charging nearly 1 million customers with fake car insurance that sent many of them spiraling into fraudulent debt. (TFTP) One of the largest banks in the United States is no stranger to scandal, and the latest case of fraud surrounding Wells Fargo has affected nearly 1 million people, Read More…
If you’re hurt by a pharmaceutical, you can sue the company that made the drug, and be compensated for your losses, right? Most people assume that is the way the justice system works, but the reality is that it’s difficult, and in many cases impossible, for victims of pharmaceutical companies (and other big corporations/industries) to Read More…
Visa recently announced its new Cashless Challenge program, which offers $10,000 to restaurants willing to transition into accepting only digital payments. As the largest credit card processor in the U.S., it’s no surprise Visa is spearheading this campaign. Under the guise of increasing transparency and efficiency, they’ve partnered with governments around the world to help convert financial systems into cashless models, Read More…