money-matters

Hamilton Nolan · 01/15/16 12:38PM

It’s not even 1 p.m. yet, and the U.S. stock market has fallen more than 500 points today, capping a full week of sharp declines and general fear. Financial apocalypse TK??? We hope so—for the excitement! Assuming we don’t get laid off.

You Thought You Would Get Rich Investing in Etsy—Nope

Hamilton Nolan · 01/11/16 01:36PM

Far be it from Gawker.com to claim to be the finest financial blog “in the markets,” but we can tell you this: your special “high flying” “IPO” stocks are getting clobbered!!!

We Have So Much Freakin Oil! 

Hamilton Nolan · 12/30/15 11:12AM

As recently as last year, oil cost close to $110 a barrel. Today, oil costs less than $37 a barrel. Why? There’s so much god damn oil!

A Dirty Corner of Warren Buffett's Empire

Hamilton Nolan · 12/28/15 10:49AM

Despite controlling Scrooge McDuck-levels of wealth, Warren Buffett enjoys a reputation as a caring, down-home fella who is better than most other Scrooge McDucks. A new report may put at least a slight ding in that reputation.

Don't Settle For Speeches: Fix the Racial Wealth Gap 

Hamilton Nolan · 12/18/15 10:37AM

Political arguments over the impact of racism in America can often devolve into a stalemate of feelings. Here is one very concrete way to measure what racism has done—and is doing—to our country.

Hamilton Nolan · 12/16/15 02:16PM

The Fed just raised interest rates by a quarter-point, the first raise since the big recession. They have to raise them so they can lower them again next time the economy collapses. Get over it. Move on with your life. You have a beautiful family.

America, the Cesspool of the Developed World

Hamilton Nolan · 12/11/15 10:00AM

America! The greatest country in the world—where our robust free market system ensures that our economic growth is the envy of all lesser nations! Right?

Gutting the IRS Is a Remarkably Bad Idea

Hamilton Nolan · 12/03/15 10:48AM

The IRS—the department that collects all the money that funds everything the U.S. government wants to do—is being slowly gutted. What could go wrong?