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Healthcare is one-sixth of the U.S. economy. It is a $3 trillion industry. And it is hopelessly broken. On Monday, The Wall Street Journal reported that Walmart (WMT) was in early talks to...
The “all-is-well” crowd is out in full force. They say that the big rout we’ve seen in tech stocks is still just a garden-variety correction. They insist nothing has changed “fundamentally.” ...
I could think of lots to spend $664,000 on if someone handed it to me today. A parking place is not one of them. But apparently, Kwan Wai-ming is cut from a different cloth. The executive...
The data breach of 50 million Facebook users is not just a social media problem. Nor is it strictly an excuse for investors to dump their tech stocks, sending them into a nosedive like we saw...
Facebook’s breach of trust, impacting over 50 million users, has most of the world up in arms. Users are deleting their Facebook accounts. Investors are dumping Facebook shares. And widely-read...
Bitcoin is likely to become the online equivalent to gold, according to a billionaire investor. Peter Thiel was at the Economic Club of New York last week, talking about cryptocurrencies. As the...
Sure, 2017 was a good year for the stock market, but it was a really amazing year for Bitcoin and other cryptocurrencies. The S&P 500 rose 21.4%. Bitcoin soared 1,403%. Yup, 64 times better than...
Just over a decade ago, one of the first major dominoes in the mortgage crisis toppled. The venerable Wall Street brokerage firm Bear Stearns collapsed, forcing the government and Federal Reserve...
Just over a decade ago, one of the first major dominoes in the mortgage crisis toppled. The venerable Wall Street brokerage firm Bear Stearns collapsed, forcing the government and Federal Reserve...
It’s been a while since our children were young enough to enjoy the playground. But as parents, we remember how much joy they got hanging from the monkey bars, swinging on the swings, and slipping...