Content
IRS Launches Crackdown To Ensure Crypto Investors Pay Their Taxes
Article By:
Tyler Durden
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Sunday, May 16, 2021 12:44 PM EDT
Yesterday's news that the DoJ and IRS are digging into Binance was just the latest indication from the government that it is taking enforcement of securities taxes tied to crypto wealth very seriously.
Elon Musk Considers Idea Of Creating New Crypto If Dogecoin Can't Scale
Colonial Pipeline Hackers Got Paid
Video By:
Shelly Palmer
Watch
Sunday, May 16, 2021 9:00 AM EDT
You'll read a lot about the $5 million in cryptocurrency that Colonial Pipeline paid to its ransomware hackers. Pay close attention, and do your best to separate out the facts from the fear-mongering.
DarkSide Hackers Reportedly Closing Down After Retaliation Routs Their Infrastructure
Article By:
Tyler Durden
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Saturday, May 15, 2021 7:44 PM EDT
The hacker group responsible for the ransomware attack on Colonial Pipeline that caused fuel shortages in the Southeast US appears to be shutting down after all its recent success, according to WSJ.
In this article: FEYE
LBMA March Silver Supply: Revised Numbers Show Huge Mistake In Previous Report
Article By:
Bullion Exchanges
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Thursday, May 13, 2021 11:50 AM EDT
The LBMA March silver supply previously claimed a record amount of silver in its inventory, increasing about 3,863 tonnes. However, they waited a full month to revise this to only 561 tonnes, and critics speculate about the timing of this error.
E Things You Can't See From There
Article By:
Joseph Cox
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Thursday, May 13, 2021 3:59 AM EDT
In addition to the current bout of war between Israel and Hamas, there is widespread ethnic rioting within Israel itself. There are lessons here for the US.
Two Trades To Watch: WTI Crude Oil, FTSE - Monday, May 10
Article By:
Fiona Cincotta
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Monday, May 10, 2021 4:42 AM EDT
WTI crude oil rises as investors monitor the restoration of key pipeline after cyberattack. FTSE rises after record highs on Wall Street.
In this article: OIL
"It's A Hustle": Dogecoin Demolished After Musk SNL Snafu
Article By:
Tyler Durden
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Sunday, May 9, 2021 11:40 AM EDT
The world's second richest man was the main reason why an entire generation of young Dogecoin "traders" turned on SNL for the first time in their lives.... only to see their favorite cryptocurrency demolished after weeks of breathless buildups
The Jobs Report No One Saw Coming
Article By:
Scott Sumner
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Sunday, May 9, 2021 9:06 AM EDT
Because millions of unemployed workers in low pay service sector jobs earn more on unemployment than they did on their previous jobs, employment will likely remain quite depressed all summer, before bouncing back in the fall.
Visualizing The Recent Explosion In Lumber Prices
Article By:
Jeff Desjardins
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Saturday, May 8, 2021 7:43 PM EDT
Lumber is an important commodity used in construction, and refers to wood that has been processed into beams or planks. Fluctuations in its price, which is typically quoted in USD/1,000 board feet, can significantly affect the housing industry.
In this article: WY
Cyberattack Forces Shutdown Of Largest Gasoline Pipeline In United States
Article By:
Tyler Durden
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Saturday, May 8, 2021 6:49 PM EDT
The largest gasoline pipeline on the East Coast, and the US in general, was shut down on Friday after its operator struggled to contain a cyberattack which threatened its systems.
In this article: USO
Breaking: Bank Of England Tapers QE, GBP/USD Jumps
Article By:
DailyFX
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Thursday, May 6, 2021 7:48 AM EDT
The BoE maintained current monetary policy in a 9-0 vote with the interest rate left at 0.1%, however, there had been an 8-1 vote split for leaving APF at GBP 895bln, with Haldane calling for the APF increase of GBP 150bln to be cut to GBP 100bln.
In this article: FXB
War Of Words Erupts Between Buffett & Robinhood
Article By:
Tyler Durden
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Monday, May 3, 2021 7:44 PM EDT
Speaking at Berkshire's virtual shareholder meeting on Saturday, Buffett said that Robinhood has become "a very significant part of the casino group that has joined into the stock market in the last year or year and a half."
In this article: BRK-A
Verizon Strikes Deal To Dump Remnants Of AOL & Yahoo To Apollo For $5 Billion
Article By:
Tyler Durden
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Monday, May 3, 2021 10:07 AM EDT
The private equity purchase is reported to be paying $5 billion; neither Verizon nor Apollo will confirm.
