Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Editor's Pick

If Only FTX Could Use the Fed’s Accounting

What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike FTX, the Fed can create fictitious assets and pretend that nothing is happening.

You May Also Like

Tech News

Image: Cath Virginia / The Verge Chinese startup DeepSeek claims its AI models can match the performance of those made by OpenAI and Meta...

Tech News

Image: Sony Sony is upping the limited warranty on some InZone gaming monitors to three years and is tossing in OLED burn-in coverage for...

Tech News

Photo by Amelia Holowaty Krales / The Verge Apple updated its AirPods firmware support page today with a more detailed step-by-step guide on how...

Tech News

Illustration: The Verge Google said today that it plans to update Google Maps to reflect President Trump’s January 20th executive order to change the...