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Bitcoin down 50% since November
It's been a rough year for holders of Bitcoin, with the cryptocurrency losing 50% of its value since its November high. This leaves it roughly where it was at the beginning of the pandemic...
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AMC Theaters stock sinks as it begins selling "$APE" shares
AMC Theaters is selling a new class of shares today named $APE "in a nod" to the hapless financial lemmings to which it will be sold. AMC Theaters's stock is plunging today, down 38% at the time of...
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SEC awards $279m to whistleblower, doubling the record
Whistleblowers sometimes lose everything. Sometimes they win $279,000,000. The SEC issued the largest award in its history, reports NBC News. The whistleblower's identity is not disclosed, as per the...
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Consumer debt is "basically optional," but debt collectors rely on you not...
Tech/finance wonk Patrick McKenzie, an advisor with such payment institutions as Stripe, runs a blog called Bits About Money, where he shares his far-ranging knowledge and perspectives on the machinery...
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Vivek Ramaswamy enriched himself while costing small investors their life...
This new TikTok video investigates how Vivek Ramaswamy acquired the rights to a failed Alzheimer's drug very cheaply, reworked the failed trials to show improvement with help from his mother, and hyped...
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Twitter values self less than half what Musk paid for it
If there weren't enough signs that maybe Elon Musk isn't quite the Tony Stark-esque businessman he thinks he is, this one might be the final nail in the coffin. According to Fortune (and corroborated...
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Uncovering the secret to a 20% return? A trading bot that tracks politicians'...
The stock market has been relatively flat lately, but here's someone who's built a trading bot that tracks the stocks being bought and sold by politicians. The creator, called Quiver Quantitative,...
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Fidelity massively writes down their investment in "X"
Since Elon "Pedo Guy" Musk purchased Twitter for the $44 billion joke price he made up, Fidelity has written down 71.5% of their investment in the company. Changing the name to "X" did not fool anyone....
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Site tracks interest rate on savings accounts
High Interest is a simple site that tracks the interest rate earned on savings accounts at U.S. banks. Customers Bank and Western Alliance Bank are seen to offer the best rates, by a hair. [via] After...
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Bloomberg drops Trump from its billionaire index
Financially scrambling real estate fraud and adjudicated rapist Donald J. Trump has been dropped from the Bloomberg Billionaire Index. As Trump Media's share price plummets, so does Donald Trump's...
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