U.S. Sen. Charles Schumer is strongly warning that cuts to the federal Social Security system will harm more than 4 million New Yorkers, including about 50,000 North Country residents who receive ...

Listen to this article Nearly 200,000 seniors and families in the Rochester area face potential complications with monthly ...

In an interview with podcaster Joe Rogan, billionaire businessman and White House adviser Elon Musk resurrected a term that ...

Bitcoin is not exactly a Ponzi scheme, but it's a risky investment without the support of a government or a real business behind it.

Our age is awash in speculative nonsense. From the rise and fall of NFTs to the pervasive promises of cryptocurrencies, our ...

Unlike Ponzi schemes, Social Security relies on a real asset, the taxing authority of the government, which in turn relies on ...

Robert Kiyosaki is a well-known personal finance guru, famous for being the author of “Rich Dad Poor Dad.” In a recent blog ...

Charles Barkley defended Allen Iverson during ... Charlie Munger were once asked if Social Security is a 'government-sponsored Ponzi scheme'. Here's how they responded — plus how to ensure ...

It’s clear from his statement that Musk, despite being a billionaire, doesn’t understand the concept of a promise or a Ponzi scheme. Nor does he seem to value the sacred social contract that ...