In one of the biggest money thefts ever seen in Los Angeles, thieves stole around $30 million during a burglary on Easter Sunday at a money storage place in the San Fernando Valley, according to a top official from the Los Angeles Police Department (LAPD). The burglary happened late on Sunday at a place in…
FedEx announced it plans to merge FedEx Ground and FedEx Express by June 2024. To understand the broad implications of this move it is necessary to understand how FedEx currently handles packages. Fed Ex has four primary divisions in its workforce of which only one is unionized. FedEx Pilots are unionized. FedEx Freight (Semi truck…
Home insurance rates in the United States are set to reach unprecedented levels in 2024, largely due to the impacts of climate change. According to Insurify, a leading insurance comparison platform, the average annual premium is expected to climb to $2,522 by the end of this year, marking a 6 percent increase from the previous…
Most intelligent financial advisors will tell you that vehicles are a very poor investment. The featured image is of a 3rd generation Toyota 4 runner. Clean examples have been auctioning off recently for more than the original MSRP sticker price of $30,000. Why? The answer is a lot simpler than you might think. All collectable…
When it comes to shopping, timing can be everything. Buying items in the off-season, when demand is lower, can save you a significant amount of money. This holds true for both new and second hand items such as purchases from classified ads or Craigslist. Here are ten items, starting from the most expensive to the…
With Reddit set to go public this month it’s time to take a closer look at their business model and future prospects. It has been a long while since a top tier internet company has gone public and this one in particular has an interesting backstory. It was the sub reddit Wallstreetbets on reddit that…
So after a block buster start to trading, Dutch Bros has underperformed. Is this a company built on smoke and mirrors or are Dutch Bro locations reverse ATMs? The bottom line is do these locations generate significant profit or are investors just throwing good money after bad? Dutch Bros first location was in Grants Pass…
The U.S. economy has been doing pretty well, but the housing market is struggling. Why? Well, mortgage rates (the interest you pay on your home loan) are around 8%, and house prices have gone up a lot during the pandemic. This makes houses less affordable and slows down the housing market. If mortgage rates stay…
A recent survey discovered that many Americans are concerned about the increasing cost of living. Even though the average family’s wealth has grown by 37% from 2019 to 2022, only 14% of people feel they’re financially better off since the last presidential election. Researcher Edward Wolff explored how inflation, the rise in prices, impacts wealth….
When California legalized recreational marijuana in 2016 (through Proposition 64), the goal was to bring illegal growers into a safe and regulated market. This was also supposed to help protect our lands and water from the damage caused by the illegal marijuana industry. However, instead of small growers becoming legal, the market is now mostly…
