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The Equifax Hack is Actually Worse than We Originally Thought

Let’s flashback to September 2017 when Equifax, one of the “big three” credit reporting bureaus, announced that it had been the victim of a massive data hack. As you may recall, it’s estimated that about 145 million Americans potentially had confidential information, such as social security numbers, birth dates and more, compromised. In a nutshell, the hack leaves the affected consumers with the threat of identity theft for the rest of their lives. News of the hack inspired many to freeze their credit, others to more closely monitor their credit reporting and it even led to discussions on Capitol Hill ...Continue reading

Booming American Oil Could Unseat OPEC As World Leader

In an effort to drive up prices and control the world’s supply, the OPEC oil cartel and Russian government bandied together to reduce excess fossil fuel resources for more than a year. However, the co-conspirators recently received news that will be keeping them up at night. According to a report by the International Energy Agency, the United States has positioned itself for what is being dubbed a “colossal” boom that could derail their efforts. Recent U.S. policy changes have urged America oil outfits to press forward toward energy independence followed by “energy dominance” in the words of Pres. Donald J. ...Continue reading

The Challenge of China’s 18 million Unemployed

Reuters recently reported that China has announced that it will respond to the pressure of having many million unemployed citizens with an “employment first” strategy. The idea will be to put these unemployed people to work, and that job of finding employment will be made more difficult because there will be millions of new college graduates needing work this spring. Right now in China, there are 9.7 million people who have registered as unemployed. That number, coupled with an expected 8.2 million new college graduates, and prospects seem intimidating. This happens at a time when China is moving toward cutting ...Continue reading

Amazon is Now Worth More than Microsoft

In July 2017, Jeff Bezos overtook Bill Gates to become the richest person in the world, with a net worth of more than $90 billion. Then, in February 2018, their companies also switched position. With the market value of Amazon leapfrogging over Microsoft for the very first time. Amazon is now the third largest company in the U.S., surpassed only by Google and Apple. From Book Seller to Industry Game Changer Bezos started Amazon in 1995 in his garage. The company's servers competed with the hair dryers in his house for electricity. Running both at the same time would blow ...Continue reading

A Serious Look at Baozun – is it Worth Your Investment?

Baozun (NASDAQ: BZUN) rocketed nearly 25 percent in January. The Chinese e-commerce solutions company is often referred to as the country's version of Shopify -- Baozun provides IT infrastructure services, merchandising, online store setup and design, marketing campaigns, order fulfillment, warehousing and more. In fact, Baozun even sells an array of branded products through its Maikefeng mobile app. With the company's stock on the rise, it's time to take a serious look into whether or not it can sustain this level of growth. First, let's explore the value of the company itself. Baozun's Core Business Baozun's primary work is behind-the-scenes ...Continue reading