TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
The U.K.’s Financial Conduct Agency recently fined Merrill Lynch $45 million, once again sparking concerns over the massive derivatives market. The wealth management division of Bank of America failed to report more than 68 million derivatives transactions dating all the way back to 2014. It had already been forced to pay $20 million in 2015 for an earlier offense. Despite Read More…
For those who believe in the virtue of central bank economic stimulus, the moment of truth has finally arrived. Federal Reserve chairman Janet Yellen announced late last month that the Fed plans to start shrinking its balance sheet for the first time since it expanded from less than $900 billion in 2008 to an unprecedented $4.5 trillion Read More…
Visa recently announced its new Cashless Challenge program, which offers $10,000 to restaurants willing to transition into accepting only digital payments. As the largest credit card processor in the U.S., it’s no surprise Visa is spearheading this campaign. Under the guise of increasing transparency and efficiency, they’ve partnered with governments around the world to help convert financial systems into cashless models, Read More…
As emotions intensify over Trump’s recent immigration ban, the State Department and IRS have quietly used it as a smokescreen to roll out a new policy that targets U.S. citizens for unpaid taxes. The passports of these individuals can now be revoked and their citizenship status undermined at the behest of one of the government’s Read More…
On Thursday, December 1, a vital Supreme Court order is set to go into effect that dramatically expands the surveillance power of federal agents. The impending alteration to Rule 41 of the Federal Rules of Criminal Procedure softens the legal requirements for obtaining search and seizure warrants that grant the government remote access to individual’s Read More…