Uber Introduces Tipping Via Company App
As part of their "180 Days of Change", Uber revealed earlier today that they are rolling out the ability for riders to tip drivers via the Uber app. This technology is now available in Seattle, Mi...
Amazon's Purchase of Whole Foods Removes $40 Billion Worth of Market Capitalization From Supermarket Industry
Earlier today, Amazon.com shocked the world when they announced that they would be purchasing Whole Foods for $13 billion. The news of the purchase sent the markets reeling, as Walmart, one of the...
Forbes: Billionaires Are Stockpiling Land in the United States
According to a recently released Forbes.com article, the mega-rich in the United States are stockpiling millions of acres of land, mainly in states such as Montana, Texas and Wyoming. John Malone,...
Bitcoin Clears $3,000 USD For The First Time, Then Drops $500
After taking out the $3,000 USD/coin level for the very first time earlier today, Bitcoin proceeded to drop by $500 a coin over the course of just eight hours. Bitcoin, which is the world's larges...
Friday's Selloff In FANG Stocks Puts Chill Into Markets
Was it algorithmic traders all selling at the same time, creating a mini "Flash crash"? Profit-takers? People late to the party getting out? On Friday afternoon, the NASDAQ sold off inexplicably. T...
ABC Enjoying Strong Ratings From NBA Finals, Though Can It Continue?
The highly anticipated third straight battle between the Golden State Warriors and Cleveland Cavaliers in the NBA Finals is drawing very strong ratings for ABC, though can the Cavaliers make the serie...
U.S. Unemployment Sinks to 16 Year Low in May
The US unemployment rate dropped to 4.3% in May, according to the most recently released jobs report from the Bureau of Labor Statistics. The 4.3% unemployment rate essentially means that the Unit...
Elon Musk, Bob Iger Step Down From President Trump's Business Advisory Council Following Paris Climate Deal Withdrawal
Earlier today, President Donald Trump followed through on a campaign promise after he announced that the United States would be withdrawing from the Paris climate deal. This means that just three coun...
Jeff Bezos Closing In On Bill Gates
Over the past 20 years, Microsoft founder Bill Gates has enjoyed a relatively uninterrupted stay at the top of the list of the world's richest people. Gates, who is no longer involved in the day-t...
The Winklevoss Twins Win Again
The story of the Winklevoss twins was immortalized in the movie "The Social Network". The "Winklevii", as they are also known, allegedly went to Mark Zuckerberg with the idea for a social network....
Fed: Household Debt Hit All-Time High in Q1 2017
After a slow and steady upwards climb over the past four years, household debt in the United States hit an all-time high in Q1 of 2017. In the third quarter of 2008, US household debt hit a high o...
Bitcoin Nears $2,000 USD a Coin
Bitcoin, which is the world's leading cryptocurrency, continues to soar in value and is nearly trading at $2,000 USD per coin. The volatile cryptocurrency, which has roughly doubled in value in 20...
Is The Bull Run In Jeopardy Thanks To Events in Washington?
With each passing day, another "bombshell" is released that seems to increase the chaos that is currently taking place in Washington. I won't recap everything that has happened in Washington over ...
Two of Warren Buffett's Biggest Mistakes
One of the reasons why Warren Buffett is so beloved is because he is not afraid to poke fun at himself. This humility humanizes Buffett and makes him seem like a normal person, despite the fact that h...
Oddsmakers: President Trump Has 60% Chance of Leaving Office Before End of First Term
Earlier this week, President Trump stunned many (including some within the Republican party) when he announced the firing of FBI Director James Comey. The abrupt firing of Comey is just another tw...