Movies & TV
This HBO series about a dysfunctional media family, created by Jesse Armstrong, ended its run in 2023.
What is Succession?
This pop star's "Eras Tour" became the highest-grossing concert tour in history.
Who is Taylor Swift?
This French fashion house's creative director, Virgil Abloh, died in 2021 and was known for blending streetwear with luxury.
What is Louis Vuitton?
This interest rate, set by the Federal Reserve, represents the rate banks charge each other for overnight loans.
What is the Federal Funds Rate?
This financial statement reports a company's assets, liabilities, and equity at a single point in time.
What is the Balance Sheet?
This actor won his first Oscar for playing J. Robert Oppenheimer in Christopher Nolan's 2023 film.
Who is Cillian Murphy?
This K-pop group announced a hiatus in 2022 to allow members to focus on solo work and military service, before reconvening.
What is BTS?
This annual fundraising gala for the Costume Institute at the Metropolitan Museum of Art has been chaired by Anna Wintour since 1995 and is famous for its themed dress codes.
What is the Met Gala?
This valuation method estimates a company's worth by projecting future cash flows and discounting them to present value.
What is Discounted Cash Flow (DCF) analysis?
This accounting concept assumes a business will continue operating indefinitely, justifying the deferral of certain expenses and the use of historical cost.
What is the Going Concern assumption?
This streaming service's 2021 South Korean series about deadly children's games became its most-watched show ever at the time.
What is Netflix (Squid Game)?
This rapper and Yeezy designer lost his partnership with Adidas in 2022 following problematic remarks.
Who is Kanye West (Ye)?
This fast-fashion company, founded in China, became the world's most valuable private startup by leveraging ultra-low prices and viral TikTok marketing.
What is Shein?
This 2008 investment bank's collapse, following the subprime mortgage crisis, remains the largest bankruptcy filing in U.S. history.
What is Lehman Brothers?
This independent board, created by SOX, oversees audits of public companies to protect investors.
What is the PCAOB (Public Company Accounting Oversight Board)?
This HBO prequel to "Game of Thrones," based on House Targaryen, premiered in 2022.
What is House of the Dragon?
This music streaming platform paid out over $9 billion in royalties in 2023 alone, and uses a "per-stream" payout model long criticized by artists.
What is Spotify?
This luxury conglomerate, led by Bernard Arnault, owns Louis Vuitton, Dior, Tiffany & Co., and dozens of other brands.
What is LVMH?
This banking regulation, part of Basel III, requires banks to hold a minimum ratio of high-quality liquid assets to cover 30 days of net cash outflow under stress conditions.
What is the Liquidity Coverage Ratio (LCR)?
This method of accounting for long-term contracts recognizes revenue and expenses based on the proportion of work completed.
What is the Percentage-of-Completion method?
This actress and director's 2023 film about a plastic doll became the highest-grossing film ever directed solely by a woman.
Who is Greta Gerwig (Barbie)?
This British rock band's 2022 Las Vegas residency, "Sphere," debuted with a custom-built venue featuring the world's largest LED screen.
What is U2?
This French couturier's 1947 "New Look" collection, defined by cinched waists and full skirts, was a deliberate reaction against wartime fabric rationing.
Who is Christian Dior?
This monetary policy tool, used extensively after 2008 and again in 2020, involves a central bank purchasing long-term securities to inject liquidity directly into the economy when interest rates are already near zero.
What is quantitative easing (QE)?
Under ASC 842, this type of lease requires lessees to record both a right-of-use asset and a corresponding liability on the balance sheet, a major shift from prior GAAP.
What is an operating lease (post-2019 lease accounting standard)?