Independent thinking for complex markets and current events
$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth, …
Congressional Perks: Congress spends on pricey airfare, lodging and private jets. Members of Congress regularly commute between Washington, D.C., and their home districts with taxpayers paying the tab, but some choose to spend more than others – a few even charter private jets, an investigation by The Center Square found. When it came to charter …
ANTISOCIAL MEDIA: Bombshell report exposes how Meta relied on scam ad profits to fund AI. Documents showed that internally, Meta was hesitant to abruptly remove accounts, even those considered some of the “scammiest scammers,” out of concern that a drop in revenue could diminish resources needed for artificial intelligence growth. Instead of promptly removing bad actors, …