The Pandemic is Affecting Global Supply Lines and the Costs of Shipping
Money

The Pandemic is Affecting Global Supply Lines and the Costs of Shipping

Since last year, the cost of shipping from China has increased by 80% due to pandemic-related lockdowns. At a time when consumers are much more likely to spend, supplies are not meeting demands.

$3.7 Billion Worth of Bitcoin Options Will Expire Today
Money

$3.7 Billion Worth of Bitcoin Options Will Expire Today

Even among highs and lows, the demand for Bitcoin has been getting more attention. $3.7 billion worth of Bitcoin options will expire today, an all time record for the cryptocurrency. Here's what that means for the market.

DoorDash Wants to Get a $27 Billion IPO Valuation
Money

DoorDash Wants to Get a $27 Billion IPO Valuation

With a sharp increase in valuations and profits due to the pandemic, the food delivery startup will debut as of one of the highest profile IPOs this year, expecting to sell 33 million shares.

Biggest US Retailers Make Their Black Friday Plans Public
Money

Biggest US Retailers Make Their Black Friday Plans Public

With in-store sales expected to drop 35% as a result of the pandemic, major retailers are prolonging the sale to last a few more days and investing heavily in online offers.

Bitcoin Won’t Be Used for Another 5 Years at Least According to Mike Novogratz
Money

Bitcoin Won’t Be Used for Another 5 Years at Least According to Mike Novogratz

The billionaire investor believes that Bitcoin won’t be used as your typical currency in the coming five years, terming the digital currency as “digital gold” as more banks and other players in financials are still developing capacities needed to support the currency.

Trump’s Tax Returns Is The 'IRS Scandal Of This Generation'
Money

Trump’s Tax Returns Is The 'IRS Scandal Of This Generation'

Sources claim the President paid only $750 in federal taxes between 2016 and 2017, and received a $75 million tax refund from the IRS back in 2010 even though he paid zero dollars in taxes for years.

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