Here’s a headline from last Thursday’s Metro: “Toronto’s 1 per cent are about 100,000 times wealthier than us: study…” Now if we do some back-of-the-napkin research, the population of Toronto is about 2.6 million people. The median income in 2014… Read More ›
money
Nevada Casinos Lose Money Six Years In A Row
CNN reports that due to declines in gambling, Nevada casinos collectively have lost money six years in a row. Since we’re all about helping big casinos, here are: 3 Slogans We Propose For Las Vegas “What happens in Vegas stays… Read More ›
China Stock Market Crashes
China’s mainland stock market crashed last night, taking world stock markets down with it today. Three Things You Should Have Invested In Instead Of Chinese Stocks 1. Action figures from the latest Star Wars movie. If the investment doesn’t pay… Read More ›
3 Worse Investments Than Stocks, Bonds, and Money In The Bank In 2015
Bloomberg reports that investments, including putting money in the bank, generally resulted in no gains in 2015. Those who invested in an index fund may be up just over 2% this year. 3 Worse Investments You Could Have Made in… Read More ›
3 Reasons To Be Happy Canadian Dollar Has Fallen To 11-Year Low
Bloomberg reports that due to declining oil prices, the Canadian dollar has fallen to an eleven year low, with one “Loonie” valued at 74.08 U.S. cents. Canadian band Nickelback will be forced to rename itself 3.702-Pennies-Back. Canada doesn’t even use… Read More ›
Zara Founder Briefly World’s Wealthiest Man
CBC reports that the founder of Zara, Amancia Ortega, was briefly the world’s wealthiest man, overtaking Bill Gates on Friday. But when Microsoft stock soared after releasing earnings, that title returned to Bill Gates, just hours after he lost it…. Read More ›
Report: Jeff Bezos Now Third Richest Person In America
Yahoo Finance reports that Amazon CEO Jeff Bezos is now the third richest person in America. From the article: “Amazon, a company known for growing its business at a loss, has now had two consecutive quarters with a profit.” Since… Read More ›
Ford has figured out how to make coin-holder out of $400 in shredded U.S. currency
Yahoo Finance reports in this video that Ford is creating non-oil based plastics out of interesting materials: dandelions; stuff left over from manufacturing Ketchup; and shredded U.S. currency. Specifically, $400 worth of old currency, that would have been destined for… Read More ›
Of Course Amazon Is Worth More Than Wal-Mart…
Fortune reports that following reporting earnings, in after-hour trading, Amazon is now worth more than Wal-Mart. That’s reportedly about $250 billion to $230 billion. How did this happen? Amazon made a surprise quarterly profit of about $92 MILLION. So, of… Read More ›
Three 50 Cent Lyrics That Contradict His Sworn Testimony That He Rents Bling.
CNBC reports that rapper 50 Cent said under oath that a 65-karat ring he posted on Instagram was leased. He further swore that his fancy cars and jewelry are leased, not owned. Here are 3 Real 50 Cent lyrics we… Read More ›