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UK Pandemic Spending Reeks of Scandal

By Samantha Bader After recovering from COVID-19, Boris Johnson must have thought he was through the worst of this pandemic. Unfortunately for him, it appears otherwise. The British National Audit Office (NAO) has come out with their report about the British government’s spending response to the pandemic, and it does not paint a pretty picture. In a frantic attempt to procure personal protective equipment and … Continue reading UK Pandemic Spending Reeks of Scandal

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Doordash Delivers IPO

By Sandhya Anand Following the gig economy trend, Doordash is speeding to deliver an IPO. Will this recover the company’s huge losses and questionable payment practices?  As with every delivery app in the food and beverage industry, DoorDash increased its revenue for more than 200% in 2020 than for the same period of 2019. The company operates in the US, Canada and Australia and claims … Continue reading Doordash Delivers IPO

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Canada’s Inflation Rate: Food for Thought

By Momal Khan Canada’s inflation rate has been driven higher and higher over the past couple of months, with a jump of 0.7% in October- the fastest that the consumer price index has risen in a long time.  Statistics Canada’s report from October says that food inflation has gone through the roof, with fruits and vegetables leading the way for the increase. The price of … Continue reading Canada’s Inflation Rate: Food for Thought

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Wish[ing] on an IPO

By Jonathan Paglialunga Wish, a popular e-commerce marketplace, filed its Initial Public Offering (IPO) prospectus on Friday November 10th, alongside various other major companies including Airbnb, DoorDash, and Roblox, marking a significant week for the stock market and surrounding industries. ContextLogic, Wish’s parent company, plans to list its shares on the Nasdaq stock market index and utilize the title WISH. This filing allows the public … Continue reading Wish[ing] on an IPO

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COBOL: The Ancient Programming Language Working Behind the Scenes

By Nataly Kehyayan What is COBOL? COBOL is everywhere but is rarely talked about. Common Business Oriented Language is a 50-year-old programming language that still runs a considerable chunk of business, financial, and administrative systems as we know them today. Invented by a group of people led by Grace Hopper, who coined the term “bug” to be associated with computer failures, COBOL was one of … Continue reading COBOL: The Ancient Programming Language Working Behind the Scenes

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Pfizer’s Vaccine Cures the Market: But is there Foul Play?

By Dylan Howse On November 9th, the world got its first piece of good news relating to COVID-19 as Pfizer released that it had developed a vaccine with the potential to prevent 90% of infections. Quite like an actual needle, the news release acted like an injection of adrenaline into a pandemic- ridden economy, yet suspicious insider selling activities have caused concern in recent days. … Continue reading Pfizer’s Vaccine Cures the Market: But is there Foul Play?

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Amazon’s Antitrust Issues

By Daniel Tortis     Amazon is a globally renowned company that is currently the 4th largest company in the world based on market capitalization. It currently operates on three continents and is trying to enter new national markets and industries as we speak. However, Amazon’s European division was slapped with an antitrust lawsuit, where it could face a fine of up to 28 billion USD. This … Continue reading Amazon’s Antitrust Issues

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You (Bit)ter Believe it

By Isabella Diez The year 2020 has been quite a year for cryptocurrencies. Bitcoin surged, trading above $15,000 during the US election week, the highest in 3 years.  Created in 2009, Bitcoin is a virtual currency and is the most popular and largest cryptocurrency. The creator of Bitcoin is unknown but goes by the alias Satoshi Nakamoto. Each individual Bitcoin is mined. This is done … Continue reading You (Bit)ter Believe it

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Renewable Energy on the Horizon

By Rowland Goddard, Staff Writer It’s no secret that 2020 has been a tough year for everyone. The Coronavirus pandemic has swept across the globe forcing us to change how we go about our lives. Although the pandemic has been ruthless in many regards, it has brought about change and made many societies rethink issues relating to the environment. Renewable energy, such as solar, wind, … Continue reading Renewable Energy on the Horizon

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WireCard in Hot Water

By Nithusa Sinnadurai, Staff Writer How does a company go from being the “Investor’s darling” to being known as the “Enron of Germany”? The financial world was shocked to find Europe’s largest FinTech company under scrutiny for falsifying its financial reports. WireCard is a German company that provides online payment services and is known for its ability to safely and quickly transfer payments between consumers … Continue reading WireCard in Hot Water

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Indonesia Sinks into Recession

By Samantha Bader The largest economy in South East Asia is the latest to fall prey to the economic impacts of the COVID-19 pandemic. Indonesia has officially entered its first recession in twenty-two years. In the third quarter of 2020, the GDP contracted by 3.49%, compared to the third quarter of 2019. This comes after GDP declined 5.3% in the second quarter of the year.  … Continue reading Indonesia Sinks into Recession

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Government Clamping Down to Protect Canadian Creatives

By Momal Khan Streaming platforms like Netflix and Amazon Prime have already chosen to invest in Canada; Ottawa has proposed changes to regulate what this exactly means for the Canadian creative community. In a press conference delivered last Tuesday, Minister of Canadian Heritage Steven Guilbeault discussed the Liberals’ proposed new policy changes to the Broadcasting Act. With the aim of protecting Canadian original content, the … Continue reading Government Clamping Down to Protect Canadian Creatives

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Pick Up Trucks to the Rescue: GM’s Unifor Deal

By Jonathan Paglialunga, Staff Writer December 20th, 2019 marked a significant endpoint for the automotive industry in Oshawa, Ontario as General Motors Corporation (GM) was set to close its doors after 100 years. This dramatic decision would have left nearly 3000 workers unemployed and sparked controversy around the ethics of employer-employee relations as CEO Mary Barra earned roughly $22 million in salary, stock awards, and … Continue reading Pick Up Trucks to the Rescue: GM’s Unifor Deal

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Big Tech Goes for Big Earnings

By Nataly Kehyayan, Staff Writer The highly anticipated big-tech earnings report released on Thursday, October 29 was a pleasant surprise for investors. A total of $220.28 billion in revenue was realized by Big Tech companies including,  Apple, Amazon, Facebook, and Google in the last quarter. The release took place a day after the CEOs of Facebook, Google, and Twitter testified before congress.  Perhaps Google deserves … Continue reading Big Tech Goes for Big Earnings

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Inspire Brands’ Dunkin’ Deal

By Sandhya Anand, Staff Writer Did you ever think that wings and donuts could make a great combination? While a concoction of barbeque sauce and chocolate glaze sounds horrific, owning both Buffalo Wild Wings and Dunkin donuts could be a sweet, sweet deal.   Dunkin’ has experienced various ups and downs in its lifetime. It first went public on July 27th, 2011 at an offering price … Continue reading Inspire Brands’ Dunkin’ Deal

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Holiday Shopping Bonanza

By Daniel Tortis The holiday season is quickly approaching. It is a critical part of the year for retailers, with many expanding their inventory size and making their largest profits of the year. Consumers benefit by finding great deals on gifts for their loved ones as well as themselves.  Holiday shopping usually starts on Black Friday- right after American Thanksgiving- and ends on Boxing Day. … Continue reading Holiday Shopping Bonanza

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Boards to Billions: Shopify’s Success

By Isabella Diez Initially beginning as an online snowboard equipment provider in 2006, Shopify has evolved over time into a worldwide e-commerce platform. The enterprise has grown to become a versatile space where customers are able to create their own e-commerce platform with the ability to manage inventory, fulfill and ship orders, and have access to analytics. Launched during the rise of Amazon, Shopify entered … Continue reading Boards to Billions: Shopify’s Success

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The Pandemic Gold Rush

By Dylan Howse Since March of 2020 when the virus truly began to take hold of the world, gold miners’ stock and gold futures have all risen dramatically. Why?  Fear and interest rates.  Gold acts in the market as a safety net against a declining economy and dollar. If the economy is performing poorly, the government and banks will start to reduce interest rates to … Continue reading The Pandemic Gold Rush

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Controversial Ballot Proposition Up for Vote

By Samantha Bader The American election is fast approaching, and while many people are by now well- aware of the presidential nominees, there has been less attention paid to other measures on state ballots. One such measure will be up for a vote in California this November. The proposition is called Proposition 22, and it is being hotly contested. Proposition 22 is widely supported by … Continue reading Controversial Ballot Proposition Up for Vote

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Getting Individual Stimulus Right

By Rowland Goddard The past 6 months have pushed many Canadian and American families to their breaking point. For some of these families, individual stimulus plans have been one of the big reasons they have been able to stay afloat. It is no secret that many people were out of work for either all or the majority of this summer. The Canadian unemployment rate got … Continue reading Getting Individual Stimulus Right

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A New Focus from Canadian Entrepreneurs

By Momal Khan Starting a new venture during these uncertain times may not be as rare as we think. Some Canadian entrepreneurs have taken advantage of the sudden shift in the business climate to emerge with their own ideas; where others saw pandemic- alarms and shutdowns, these individuals saw golden opportunities. While it may be assumed that opening a new business in the midst of … Continue reading A New Focus from Canadian Entrepreneurs

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Canada Braces for Impact

By Momal Khan The second wave is here – and it may hit more like a tsunami this time around. With cases nearing the thousands each passing day and businesses facing Stage 2-like restrictions, Canadians are bracing for impact as we head into October.  In an announcement alongside Health Minister Christine Elliot in Toronto last Thursday, Ontario Premier Doug Ford announced that health officials have … Continue reading Canada Braces for Impact

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IMF Sounds the Alarm

By Dylan Howse Just as Argentina, Lebanon, and Ecuador thought nothing could get worse, the IMF is now warning of a debt crisis for emerging and developing economies. A harsh reality that’s facing many of the world’s pandemic-hit nations.   From the start of COVID-19 back in March, to date, the IMF has provided emergency loans and financial lending tools to about 80 countries. Stating back … Continue reading IMF Sounds the Alarm

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Movie Theatres: Going Extinct?

By Daniel Tortis COVID-19 has changed the landscape of society as we know it. Not only have the lives of many been permanently altered as a result of the virus, but many industries are on the brink of financial collapse. Movie theatres have been especially hit hard with companies such as AMC in the U.S and Cineplex in Canada having revenue drops greater than 95 … Continue reading Movie Theatres: Going Extinct?

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Millennials Flee Toronto

By Isabella Diez The move from the city to the suburbs has been happening for years but the pressure from the current COVID-19 pandemic has accelerated this trend. This drift has shown to be true mainly for millennials. Individuals in this age group are starting families and seeking more affordable ways of living. Toronto is known for tight living spaces and high prices, and so … Continue reading Millennials Flee Toronto

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Retail Investors Rise Up

By Samantha Bader Perhaps the largest surprise to come out of the economic response to the COVID-19 pandemic is the resurgence of retail investors entering the market. Retail investing, which is when consumers manage their own stocks in financial markets, has majorly expanded since March. Nearly 800,000 new accounts were opened at the three biggest brokerages alone during March and April in the United States. … Continue reading Retail Investors Rise Up

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The Market Impact of Trump vs. Biden

By Daniel Tortis Every four years there comes a time the attention of the entire world turns to the United States in order to see who will become the next president. The election impacts not only America, but has many ramifications that are felt worldwide. Given that America is Canada’s biggest trade partner and that we share so many economic ties with our ally south … Continue reading The Market Impact of Trump vs. Biden

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NASDAQ Whale Makes a Splash on Big Tech

By Dylan Howse The Japanese conglomerate SoftBank has been revealed as the perpetrator behind the tech industry’s recent rise and fall.   Nearing the end of August, the market was rallying as investors became more confident after recovering from the downfall of the pandemic. Yet, it was the tech industry that caught everyone off guard as their stock rose astronomically in a span of a few … Continue reading NASDAQ Whale Makes a Splash on Big Tech

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Oil on a Slippery Downward Slope

By Momal Khan The future of the global oil industry is looking bleak. Over the years, the oil world has seen many shocks but none have paralleled the impacts being witnessed today. The industry’s 2021 outlook has taken a huge hit from the COVID-19 pandemic’s repercussions, as fuel consumption was slashed earlier this year. The impacts of this have had a trickle-down effect in all … Continue reading Oil on a Slippery Downward Slope

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The Pandemic Job Market: What’s in Store

By Isabella Diez The COVID-19 pandemic has shocked 2020 and brought unprecedented challenges to billions around the globe. The implementation of government sanctioned lockdowns has drastically changed the job market. In Canada, hundreds of businesses have shut down, leaving millions of individuals without employment. This current reality has countless people facing the stress and uncertainty that comes with unforeseen job loss. How can Canadians approach … Continue reading The Pandemic Job Market: What’s in Store

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Samsung Secures the 5G Market

By Samantha Bader Samsung has made a major play in their quest to become a main supplier of 5G technology in America. The company, based in South Korea, signed a contract with Verizon worth USD 6.65 billion that runs through 2025 on September 8th. The deal is based around Samsung supplying Verizon with 5G chips and infrastructure.  “With this latest long-term strategic contract, we will … Continue reading Samsung Secures the 5G Market

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We Are Hiring Staff Writers!

The Financial Marauder is hiring Staff Writers to expand our newsletter coverage. We are looking for individuals from any program and level interested in finance or business who would enjoy writing for the club. Position Description:As a Staff Writer, you will help shape the content of our newsletter and help further the club’s development. You will also receive ongoing mentorship from the leadership team on … Continue reading We Are Hiring Staff Writers!

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Get Involved

Every member is encouraged to contribute articles for the Financial Marauder. However, there’s no obligation to do so. We are generally looking for 500-600 word articles on a range of business-related topics from undergraduates in any program and level. The link below has more information on the process: If you are ever stuck or just want some more information, please do not hesitate to contact … Continue reading Get Involved