The Consumer Price Index Is Not Economic Reality

  “While figures will not lie, liars will figure.” (Bloomberg Opinion) — At 8:30 a.m. Eastern Time on Tuesday, the Bureau of Labor Statistics delivered its latest measure of inflation – the Consumer Price Index – with an aura of objectivity akin to the National...

Bloomberg Analyst ‘Optimistic’ on US Bitcoin ETF This Year

Eric Balchunas thinks regulatory apprpoval in the U.S. will follow on the heels of successful launches in Canada. A bitcoin (BTC, +1.65%) exchange-traded fund (ETF) in the U.S. could be in the cards this year. That’s according to Eric Balchunas, an ETF analyst at...

Tom Brady rumors popped up over the weekend

But it had nothing to do with his on-field performance. The 7x Super Bowl champ was reportedly negotiating his salary to be paid in bitcoin. Tom Brady, the seven time Super Bowl champion, adds “laser eyes” to his twitter profile picture, a trendy indication of one’s...

Sorry, we guess?

  The group that hacked into the 5.5k mile Colonial Pipeline issued an apology saying that its goal is to “make money and not [create] problems for society.” Parts of the pipeline are slowly coming back online. Colonial Pipeline hackers apologize, promise to ransom...
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