Tag: street

At The Next Street Use The Force
LIFESTYLE

At The Next Street Use The Force

Update Your GPS SAT NAV With a New Voice Your Garmin or TomTom sat nav will get you on your way with an efficient, business-like tone in the language of your choice. However, you needn't settle for the ordinary. Why not have a bit of fun and spruce up your sat nav with a more interesting voice? Perhaps, instead of the very proper voices that come standard with your device, you'd prefer a silly squirrel, or maybe you'd like Han Solo or Darth Vader navigating you about. It's easy to download a new personality for your Garmin or TomTom on their respective web sites. Imagine a Yeti giving directions, or perhaps the eerie Dr. Nightmare consorting his book of magic for the best route! Garmin offers several free voices such as these. For a nominal fee, you can also download Spongebob or Dora...
Unlike Companies Traded On Wall Street – Trump Organization Indictment Hints At Downsides Of Having No Independent Oversight
Journalism

Unlike Companies Traded On Wall Street – Trump Organization Indictment Hints At Downsides Of Having No Independent Oversight

Bert Spector, Northeastern University A Manhattan grand jury indicted the Trump Organization and one of its top executives, Chief Financial Officer Allen Weisselberg, reportedly over a failure to pay taxes, according to multiple reports. The indictment is expected to be unsealed on July 1, 2021. I’m a scholar in corporate leadership and governance. While I can’t comment on the specifics of the case, I do know that private companies like the Trump Organization lack the safeguards of public corporations – like outside ownership and independent oversight. Moreover, impulsive decision-making by an individual or small, isolated group of followers, without those safeguards, can and often will lead to disastrous results. That appears to be what the ongoing criminal investigations into the Tru...
The Rebuilding Of Black Wall Street
IN OTHER NEWS

The Rebuilding Of Black Wall Street

Most of the story about the 1921 Tulsa Race Massacre centers around the destruction of what was known as “Black Wall Street,” a bustling 35-square-block area with Greenwood Avenue running through the center. Those stories will tell you that a Black man named Dick Rowland tripped in an elevator, causing a White woman named Sarah Page to scream. Newspapers printed this interaction, framing it as an attempt at sexual assault, causing an angry mob to swell at the courthouse where Rowland was being held. Tension ignited after a group of armed Black men, mostly WWI veterans, arrived to defend Rowland, and the mob attacked. With a 26-to-1 advantage, the White mob burned, looted and killed their way through one of the wealthiest Black communities of the time, leaving an estimated 300 dead. Many ...
Unlikely To Work Anyway But Why Wall Street Investors’ Trading California Water Futures Is Nothing To Fear
LIFESTYLE

Unlikely To Work Anyway But Why Wall Street Investors’ Trading California Water Futures Is Nothing To Fear

Water is one of the world’s most vital resources. So is there reason to freak out now that profit-hungry hedge funds and other investors can trade it like a barrel of oil or shares of Apple? That’s exactly what CME Group recently did in California when it launched the world’s first futures market for water in December 2020. Put simply, a futures market lets people place bets on the future price of water. Some people worry Wall Street’s involvement in trading water will disenfranchise the water rights of rural communities and lead to more scarcity of an already dwindling resource, thus driving up the price everyone pays. As researchers who study commodity markets and the economics of water resources, we believe there are many benefits of a well-functioning water futures market, especial...
Essential To Keeping Capitalism From Crashing – Wall Street Isn’t Just A Casino Where Traders Can Bet On GameStop And Other Stocks
BUSINESS, IN OTHER NEWS

Essential To Keeping Capitalism From Crashing – Wall Street Isn’t Just A Casino Where Traders Can Bet On GameStop And Other Stocks

Shares of GameStop and other companies or assets that shot up in value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks’ return to Earth is actually a good thing – if you want to avoid financial meltdown to the long list of crises the U.S. is facing. The reason has to do with what financial markets are – and what they are not – as well as what happens when prices of stocks and other securities become untethered from the fundamental value of the assets they’re meant to represent. As a finance professor who does research on how markets respond to new information, I believe it is important to maintain a close link between security prices and fundamentals. When that stops happening, a market collapse may b...
LAW ENFORCEMENT

Wall Street Market Exit Scam: What We Know So Far

Speculation surfaced earlier last week that Wall Street Market has pulled off an exit scam, capitalizing on the influx of new users after its competitor, Dream, announced its closure last month. While WSM’s homepage displays a maintenance notice, users suspect the admins have swiped $30 million in escrow-held funds. This story is developing. Here’s what we know so far: The unpredictability in darknet markets continues to manifest itself—the latest incident is an alleged exit scam by Wall Street Market, running into $30 million or more. The event comes a month after the announcement that one of the dark web’s longest-serving marketplaces, Dream Market, will shut down on April 30, a move that also came as a surprise to the darknet community. From experience, darknet markets are well k...