Money

I lost $209,640 of my own money trying to start a business. Writing about failure sucks. But here's the real story:Context: Me and my wife started a marketplace for last-minute tours and activities. Think of it as Hotel Tonight x OpenTable x ClassPass. The idea was to bring live connectivity to an industry where 80%

The United Kingdom’s Financial Conduct Authority (FCA ) has disclosed that it is investigating three money transfer companies in the country for what might be a violation of the country’s Competition Act of 1998. The financial markets regulator disclosed on Wednesday that it has issued a statement of objections to the three businesses. A statement

The lesson here is that once you have spent enough time in the markets, which are ultimately a reflection of how the underlying economy is progressing, you own part of great businesses that can do well over market cycles and economic conditions or phases that…

Source: AdobeStock / maykalAnatoly Legkodymov, the Russian founder of Hong Kong-registered crypto exchange Bitzlato, has been arrested by US authorities for allegedly processing $700 million in illicit funds. In a January 18 filing, the U.S. Department of Justice said Legkodymov was arrested in Miami on Tuesday on charges that he run the exchange as an unregistered money-transmitting business

Young people have always perplexed their elders. Today’s youngsters are no different; indeed, they are baffling. They have thin wallets and expensive tastes. They prize convenience and a social conscience. They want their shopping to be at once seamless and personal. They crave authenticity while being constantly immersed in an ersatz digital world. As these