Cyber Crime is here to stay and as business owners we need to keep building systems that are more and more imprenetable. According to a report released by the FBI yesterday, losses to cyber crime increased significantly in 2021. The losses – which are located mainly in the U.S. but… Read More »Cyber Crime Costs
Explaining why oil production doesn’t increase instantaneously as prices increase, it will take significant investment to generate more oil. Axios goes a good job of explaining why it is not an instantiations coloration. U.S. oil prices rose 70% over the last year. Meanwhile, U.S. oil production rose by about 5%,… Read More »Production and Price Of Oil
As gas prices hit the roof, the interest in EVs is increasing. You’re not the only one who’s having second thoughts about driving a gasoline-powered car, Nathan writes. What’s happening: Interest in electric cars is soaring, with views of new and used EVs skyrocketing on car-shopping sites like CarGurus and… Read More »Interest in EVs
Tesla keeps plowing a lot of money into R&D, not only for automation but also in the bettering of their vehicles. As their build volumes increase this amount should decrease. Tesla has become one of the most valuable companies in the world, with car deliveries almost amounting to one million last… Read More »Innovation Vs. Advertising
As inflation keeps roaring mortgage rates are are moving up as the fed is increasing interest rates. Another pre-pandemic metric has returned and looks like it’s here to stay: mortgage rates, Hope writes. For the first time since May 2019, the 30-year fixed-rate mortgage exceeded 4% this week, Freddie Mac… Read More »Fixed Mortgages Are On The Rise
Investors are shorting oil sales, Indicating they are expecting $100 oil to be short lived. As oil prices soared over the last few months, short sellers pounced on energy companies, Axios’ Kate Marino writes. What’s happening: Changes in the percentage of short interest in energy companies largely tracked with shorts… Read More »Investors Expect $100 Oil To Be Short Lived
Looks like the rest of the country is planning to follow Arizona and eliminating daylight savings switch. The switch over to daylight savings time that the U.S. went through on Sunday might have been one of the last ones if a bill passed in the Senate is to be adopted.… Read More »The State Of Daylight Savings
The Chinese are propping up their market. The Chinese government has swooped in to prop up the country’s flailing markets, Axios’ Kate Marino writes. Driving the news: A top economic official said today the government would take action to boost the economy, and that it would introduce policies that are… Read More »Chinese Bonds Yield Increases
Where as there is no disputing the inflation is raging, we could very much prolong it if we continue to expect more of it. Both regular people and Wall Street sophisticates are ratcheting up expectations for inflation, in what wonks worry could be the start of a self-fulfilling prophecy, Matt… Read More »Inflation Expectations
China dominates the smart phone market with almost 3x as many phones as the US. Having been one of the first major tech events to be cancelled due to the coronavirus outbreak in early 2020, Mobile World Congress 2021 was one of the first events to bring back in-person attendees… Read More »Still Alot of Dumb Phones