Category Archives: Money

Feds seize stolen bitcoin worth more than $1 billion

by Khristopher J. Brooks, a reporter and video editor for CBS MoneyWatch – Federal officials have seized more than $1 billion worth of stolen bitcoin linked to shuttered black market website Silk Road. According to the U.S. Department of Justice, … Continue reading

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Making Billions: The Richest People in the World

Dorothy Neufeld in Visual Capitalist – In the last year, the wealth controlled by the world’s top 10 billionaires has jumped by over $76B. Even in the teeth of jittery markets, many of the world’s richest people have seen their wealth … Continue reading

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U.S. stocks nosedive as tech saps rally, slashing more than 800 points off Dow

Hamza Shaban, Hannah Denham of the Washington Post – U.S. stocks nosedived, dragged down by tech, in a wild day of trading Thursday, slamming the brakes on a record-shattering run that had lifted Wall Street to new heights. The Dow … Continue reading

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Dead people got $1 billion in COVID-19 stimulus checks, watchdog says

Sarah D. Wire of the Los Angeles Times – The federal government’s internal watchdog says that the IRS sent stimulus checks to more than 1 million dead people — worth more than $1 billion — under the coronavirus relief package … Continue reading

Posted in Coronavirus, Federal budget, Money | Tagged | Leave a comment

Banking At Your Fingertips: The Rise And Rise Of Mobile Payments Technology

Khalid Elgibali of Mastercard in Entrepreneur – The rise of mobile technology and digital infrastructure has altered our traditional ways of doing commerce, with payments and banking being at the forefront of this digital disruption. Continue…

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