Why are NFL Teams Worth So Much Money?
According to the most recent (2018) Forbes.com valuation of NFL franchises, the Dallas Cowboys currently command a valuation of $5 billion, making them one of the most valuable franchises in the world...
What is the Difference Between "On-Budget" and "Off-Budget" When It Comes to the US Deficit?
When it comes to reporting the surplus or deficit that is posted by the United States every year, the White House and the media like to use a combination of the "on-budget" and "off-budget" numbers. ...
The Time When Raghib "The Rocket" Ismail Shocked The World
Imagine if Baker Mayfield said to the Cleveland Browns - thanks but no thanks, I'm playing for the Calgary Stampeders. Imagine if Andrew Luck phoned up the Indianapolis Colts in 2012 and told them...
Largest Ever Monthly Deficit Posted in February in United States
The United States posted its largest single monthly deficit in history in February, as the country spent $234 billion more than what it brought in during the month. This brings the total deficit f...
US Debt Clock Ticks Over $22 Trillion and Hardly Anybody Cares
Remember when the size of the deficit and national debt was a really big deal in the United States. These days it seems as though nobody cares anymore. Earlier this week, the United States deb...
Algorithmic Traders Gone Wild: Auris Medical Surges After Similarly Named Company is Acquired
Algorithmic traders have caused havoc in the markets over the past decade or so and have been widely blamed for a couple of "flash crashes" that have taken place. These algo traders come in all sh...
Is Tesla Inc. The Most Polarizing Company in the History of the Stock Market?
Later this week, Tesla Inc. is set to report their Q4 earnings. Last quarter, Tesla Inc. moved up their earnings report and reported stronger than expected earnings, thanks to very high demand for...
"Well-Timed" Options Trade in PG&E Raises Eyebrows
During the 35-day partial shutdown of the US federal government, the SEC was operating with a greatly reduced staff. When members of the SEC staff return to work on Monday, some of them will very ...
A History of Partial Government Shutdowns of the US Federal Government
At the time that this article was written (January 25th, 2019), the partial shutdown of the US federal government had entered its 35th day. This is the longest partial shutdown of the US governmen...
Elizabeth Warren Set To Propose Wealth Tax
According to the Washington Post, Senator Elizabeth Warren is set to propose a wealth tax that could potentially raise nearly $3 trillion over a 10-year period. Warren, along with UC Berkeley econ...
SEC Levels Charges in Edgar Hacking Scheme
In 2016, a hacker was alleged to have accessed EDGAR, which is the SEC's Electronic Data Gathering, Analysis and Retrieval system. This is the system that companies use to file their annual and quarte...
Warren Buffett Adds to Financial Holdings, Pares Airline Stakes
Berkshire Hathaway disclosed its equity holdings as of the end of the third quarter in a filing with the SEC that was released after the market closed. The general theme? Warren Buffett increased ...
Judgment Day: Voters Head To The Polls for Midterm Elections
Some are referring to today's midterm elections as the most important vote of our generation. Later today, the polls will open and voters will cast their ballots for a number of different seats an...
How Will The Younger Generation of Investors Handle a Bear Market?
If you started investing in 2009 or later, you have likely never faced a major downswing in the markets. If you started investing in 2009 or later and have invested in North American markets, you ...
For Canadian Marijuana Companies, Now It's Time To Produce Results
Earlier this week, the use of recreational marijuana in Canada became completely legal. Over the past couple of years, investors and speculators have been salivating over the potential of the mari...