Lawsuits and Cities

Los Angeles is looking to take out a massive loan to pay for the increasing number of lawsuits against it. Cases have been filed for dozens of reasons – from police-involved shootings, to disability rights cases and more. But the city is struggling to keep up – and may have to borrow up to $70 million. CGTN’s Phil Lavelle reports.

The Economics of Netflix

Netflix is a staple in millions of homes across the United States – and it has big ambitions.

The Economics Behind Weddings

Many would describe it as the happiest day of their lives, but it seems fewer Americans are happy to get married these days. Researchers say that the number of weddings in the U.S. is down and those who do get married want fewer people there.

An Economic Views of the Dark Web

The dark web is know as the go-to place online for anybody wanting to buy illicit goods. This hidden corner of the internet has an infamous reputation for hosting marketplaces that sell everything from guns and drugs to fake currency and forged ID documents.

Financial and Economic Impact of Earthquakes

Californians are no strangers to earthquakes – the west coast is one of the most seismic regions in the United States. Many don’t even notice the smaller ones. But they will notice the ‘big one’ when it happens. It’s coming – and is likely to cause billions of dollars worth of damage and leave many dead or injured.

Oil and Gas Industry Building on Blockchain

Blockchain is the word of the moment. Complex, sure, but it’s transforming real estate markets, shipping, banking, healthcare.

Next stop: oil and gas.

Petroteq is one of North America’s largest oil producers It’s putting large chunks of money into blockchain.

There are three reasons blockchain is being touted as the future: Firstly, it’s a technology that’s ideal for those situations where permanent, checkable records are needed.

Secondly, it’s open source. It’s not as if this is something owned by one company trying to convince others to buy into it. Anybody can access blockchain.

And third, there’s nothing investors love more than the words ‘next big thing’. And there’s certainly a lot of buzz around blockchain right now.