MAY 10, 2016

Full News Archive

• Headline: Facebook Faces Conservative Bias Allegations. Impact: This accusation triggered a social media war that led to the birth of countless conspiracy theories, ultimately resulting in a generation of teenagers who believe that hashtags can change the world. Spoiler: they can't.. Fact: Did you know that if you type 'political bias' into a Facebook search bar, you will be bombarded with ads for both cat videos and conspiracy theories? Guess they're not biased toward anything but clicks!.
• Headline: Mnuchin's Controversial Role in Trump's Campaign. Impact: Mnuchin's appointment marked the dawn of a new era where financial shenanigans became a spectator sport, paving the way for future fundraisers who would prioritize their wallets over ethics. Thanks, Steven!. Fact: Did you know that Steven Mnuchin once said he would ‘never’ become Secretary of the Treasury? Clearly, his definition of ‘never’ is as elastic as his fundraising tactics..
• Headline: Lending Club's Challenges Ignite Industry Doubts. Impact: Lending Club's struggles opened the floodgates for thousands of new fintech startups, each more questionable than the last. Soon, everyone was lending money to their friends, only to leave them with nothing but broken trust and awkward dinner conversations.. Fact: Did you know that peer-to-peer lending is the only place where your friends are more likely to owe you money than to actually pay you back? Welcome to adulthood!.
• Headline: Donald Trump, in Switch, Turns to Republican Party for Fund-Raising Help. Impact: Trump's pivot to the GOP for fundraising revealed a treasure trove of hidden connections, leading to a new reality where political parties became more like fundraising clubs than actual representation. Who knew democracy could be so profitable?. Fact: Did you know that the only thing more elastic than Trump's political affiliations is his ability to throw a fundraiser? It's almost like he's running a business rather than a campaign!.
• Headline: Hedge Funds Faced Choppy Waters in 2015, but Chiefs Cashed In. Impact: The hedge fund chiefs’ financial dominance in 2015 led to an avalanche of wealth concentration that has shaped economic policies ever since. Who would've thought that the rich getting richer would have consequences? Oh right, everyone.. Fact: Did you know that hedge fund managers are the only people who can lose billions in a day and still be invited to the best parties? Talk about a cash flow that never stops!.