The Securities and Exchange Commission (SEC) has a plan to allow people to trade stocks on the blockchain, buying and selling them as cryptocurrencies. Investor Michael Burry, “Big Short,” is not happy about that, to say the least. Must read “We may be headed straight toward a Snow Crash cyberpunk future,” Burry said this week…
Marie from Ohio called the ramsey Show (1) recently with a heartbreaking and sobering story: her boyfriend had secretly spent almost $17,000 on two of her credit cards. He only discovered this after closely examining his finances. Marie mentioned that she had given her credit card to a pest control company for a recurring monthly…
Workers are paid to train artificial intelligence systems (1) to think more like humans, and in some cases, they are teaching machines how to do the very jobs they once feared AI would replace. That’s what happened to Hollywood writer and showrunner Ruth Fowler. In 2023, entertainment workers (2) went on strike in part over…
When Chester County resident Mark Edens deposited $980 at an ATM at Navy Federal Credit Union in Paoli, Pennsylvania, in February, he expected the money to appear in his account immediately. Instead, he says the machine spit out an error receipt, rebooted and displayed strange codes, and the money never showed up. Must read “I…
For Patrick, everything looks great on paper. At 45, he earns a stable salary of $120,000 in a specialized field as a developer, bolstered by a healthy annual bonus. He has no debt, no children, has a paid off car and has an emergency fund saved for an entire year. Better yet, he and his…
Thomas Koeppen thought he was ready to relax in his new home in Palmyra, Wisconsin. But when it came time to claim the $70,000 he needed to finalize the purchase, he hit a roadblock. Although this money came from years of saving Social Security benefits, Koeppen’s prepaid debit card was not cooperating. As he told…
UnitedHealthcare (UHC) is the largest health insurer in the United States, covering more than 29 million people, according to the American Medical Association (1). Unfortunately, as CNBC reported last year, it has also become the “face of America’s health insurance frustrations” (2). The shooting death of the company’s CEO, Brian Thompson, in December 2024, brought…
Some people say that artificial intelligence has gone too far. For example, AI can now create realistic images and audio known as “deepfakes” that mislead audiences, chatbots can store information from “conversations” with users (1), and 80% of Gen Zers surveyed reported they would marry an AI (2). Must read But Larry Fink, billionaire CEO…
With the average cost of a new vehicle approaching $50,000, car buyers have been looking for ways to keep their monthly payments low. Unfortunately, one of the most popular tricks—extending auto loan terms to six years or more to shave a few dollars off monthly payments—could end up costing drivers thousands of dollars in the…
Although real estate may not be as foolproof or lucrative an investment as it once was, financial mentors like Dave Ramsey still swear by this asset class as a first step to increasing wealth. In a recently resurfaced interview (1) with comedian Theo Von, Ramsey discussed his extensive forays into both commercial and residential real…
