Monthly Archives: August 2022

‘Big Short’ investor Michael Burry sold all but one of his stocks last quarter – after warning an epic market crash is coming

Michael Burry. Kevin Mazur/WireImage Michael Burry of “The Big Short” sold virtually all of his US stocks last quarter. Burry’s Scion Asset Management only held a $3.3 million stake in Geo Group, a new filing shows. Scion owned $165 million of stocks at the end of March, excluding its Apple put options. Michael Burry, the…

I make millions selling domain names to big brands like CNN. Here’s how I got into it and find new ones.

Rick Schwartz. Rick Schwartz. Rick Schwartz, who calls himself “The Domain King,” started registering domain names in the 1990s. His sales include porno.com, for $8.9 million, and ireport.com, which CNN bought for $750,000. Here’s how he got into it and how he still finds unregistered domains, as told to Ryan S. Gladwin. This as-told-to essay…

MAGA Republicans boo candidate opposed to abolishing the FBI for searching Mar-a-Lago during Trumpy Senate midterms debate in New Hampshire

FBI Director Christopher Wray testifies during the Senate Judiciary Committee hearing titled Oversight of the Federal Bureau of Investigation, in Hart Building on Thursday, August, 4, 2022. Tom Williams/CQ-Roll Call, Inc via Getty Images New Hampshire Republicans spent the weekend defending Trump during a Senate debate. One who called for a review of law enforcement…

Plaid and Wise team up to offer access to thousands of financial services apps

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Germany must cut its gas consumption by 20% to avoid an energy shortage this winter, its top regulator says

A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. Andrew Cullen/Reuters Germany must cut its gas usage by 20% to avoid a shortage this winter.   “There is a serious risk that we will not have enough gas,” it’s top regulator told the…

The dollar jumps against the yuan by the most in 3 months after data shows China’s economy is sputtering

China’s yuan slid on Monday. Future Publishing/Getty Images The dollar was on track for its biggest one-day rise against China’s yuan for three months on Monday. The offshore yuan tumbled after data showed China’s economy sputtered in July and the central bank cut interest rates. Chinese growth is slowing as the economy grapples with a…

Microsoft finally admitted that Sony’s PS4 sold over twice as many units as the Xbox One

Shutterstock Microsoft admitted for the first time that Sony’s PS4 outsold its Xbox One by twice as much. Sony seems to be winning the sales race against Microsoft with the new generation of consoles, too. But the gaming industry is facing a slowdown after a pandemic boom. Microsoft finally acknowledged for the first time what…