The Warren Buffett Investment That Went To Zero
Earlier this week, Warren Buffett of Berkshire Hathaway announced that he will be stepping down as CEO of the company at the end of the year. Since 1965, shares of Berkshire Hathaway have returned...
How Tens of Millions of Canadians Own Shares in Tesla
Canadians aren't the biggest fans of Elon Musk and Tesla right now. Elon Musk was a key backer of President Donald Trump's successful re-election campaign, donating hundreds of millions of dollars...
Stella Liebeck, The Boiling Hot Coffee and the "Frivolous" Lawsuit Against McDonald's
Did you hear about the lady that spilled hot coffee on herself while driving and sued McDonald's for millions? Can you believe that she would sue McDonald's for her clumsiness? Of course coffee is goi...
Has a US Presidential Election Ever Been Postponed Due to a National Emergency?
Does the President have the power to issue an executive order that postpones the date of a Presidential election due to a national emergency? Through the history of the United States, the President...
1932: The Year When Democrats Called For a 25% Reduction in Federal Government Costs
In 1932, while the Great Depression was raging across the globe, Franklin D. Roosevelt and the Democratic Party called for a number of changes, including a 25% reduction in federal government costs. ...
Eugene V. Debs: The Man Who Received 3.4% of the Popular Vote in the 1920 US Presidential Election - While in Jail
The 1920 US Presidential election saw President Warren G. Harding easily defeat James Cox. The 1920 election also produced an interesting piece of Presidential election trivia, as Eugene V. Debs r...
"Breakage": How Companies Like Starbucks and Amazon Make Hundreds of Millions of Dollars From Unredeemed Gift Card Balances
Companies like Starbucks, Amazon and Nordstrom push their gift cards so hard for a reason: They make hundreds of millions of dollars per year collectively from something called "breakage". Star...
Which US President Experienced The Worst Stock Market Decline in Their First Year in Office?
It can be argued that some Presidents step into very favorable situations when they first enter the White House, while others step into some massive headaches. President Ronald Reagan, for instanc...
President Reagan vs Walter Mondale: The Story of The 1984 US Presidential Massacre
The US Presidential election in 1984 remains one of the most lopsided victories in history. President Reagan ended up taking 525 electoral votes while his opponent, former Vice President Walter Mo...
Who Was The Youngest US Senator Ever?
It's hard to imagine a 28 year-old US senator given the fact that the average age of the Senate is currently 64 years old. In fact, there are currently four 80+ year-old US senators - Charles Gras...
How Much Money Has The United States Spent on Ukraine?
There seems to be a great deal of confusion as to exactly how much money the United States has sent to Ukraine to help fund "OAR" (Operation Atlantic Resolve), aka Ukraine's defense against Russia. ...
The Story of The Great Canadian Maple Syrup Heist
The United States has the Strategic Petroleum Reserve, which can store up to 714 million barrels of oil at a time. Canada? Canada has the Strategic Reserve of Maple Syrup (known formally as the In...
The Clinton Cuts: When President Bill Clinton Took an Axe To The Federal Work Force
One of the biggest reasons that President Bill Clinton won the 1992 election was because of his promise to balance the federal budget. Economic growth had stalled in the United States and deficits...
The Story of the 1974 "Show Audit" of the Gold in Fort Knox
As of this moment, the United States government (according to them) controls roughly 300 million ounces of gold, which is currently valued at around $900 billion. Of this amount, 147.3 million oun...
Who Was The Longest Serving United States Cabinet Member?
There have been a number of people who have served for more than a decade in a single Cabinet post. Names that include the likes of Albert Gallatin (Treasury), Frances Perkins (Labor) and Harold I...