Adam Smith

InterGalactic Financial News

IBM Builds Fort Knox National Crypto Wallet

Submerged in a nanoKelvin helium bath, buried deep under Fort Knox, America’s newest vault is a Universal quantum computer the size of a basketball. Bubbling with over 18,196 qubits, IBM’s Schrödinger Core Processor has already defeated over 155 billion direct hacks and malware attacks.

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  • Newsonomics: This is how the 5 biggest newspaper chains could become 2 — and it all comes down to one day, June 30, 2020
    Is an end in sight? The first half of 2020 “will be the final dance of the newspaper industry,” one of my savviest financial sources told me Thursday — someone who’s been right on the money for years. “Everything will get resolved in the first half of 2020.” By “everything,” he means the consolidation of ownership...
    Ken Doctor
  • In 2020, podcasts will be able to win Pulitzers (oh, and radio too)
    Podcasters rejoice: There will be a Pulitzer Prize for Audio Reporting in 2020, the Pulitzer board announced Thursday. The prize will be “for a distinguished example of audio journalism that serves the public interest, characterized by revelatory reporting and illuminating storytelling,” and “U.S. newspapers, magazines, wire services and online news sites that publish regularly,” as...
    Laura Hazard Owen
  • News outlets are getting (somewhat) better at handling Trump’s false statements, a study shows
    “Twitter feeds of major news outlets are increasingly disputing Trump’s misinformation.” That’s the finding of a new study from progressive nonprofit Media Matters, which had found earlier this year that major news outlets’ Twitter accounts were amplifying Trump’s false claims about an average of 19 times a day — quoting them without context, for instance....
    Laura Hazard Owen

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  • #956: The Carriage Tax
    People have been arguing over the constitutionality of wealth taxes since 1794, when Washington put a tax on carriages.| Subscribe to our weekly newsletter here.
    NPR
  • #773: Slot Flaw Scofflaws
    Where there are casinos, there are people trying to cheat. And now, they're using iPhones. | Subscribe to our weekly newsletter here.
    NPR
  • #955: Pirate Videos
    Blackbeard, a filmmaker, and a fight between two powerful forces in American law. | Subscribe to our weekly newsletter here.
    NPR
  • #674: We Cooked A Peacock
    In the 1600s, a good spice rub was the ultimate display of wealth. People would risk their lives for a sack of cloves. | Subscribe to our weekly newsletter here.
    NPR
  • #954: What Is Foreign Interference, Anyway?
    We've heard a lot about illegal foreign meddling in the United States elections. But what about legal foreign participation? | Subscribe to our weekly newsletter here.
    NPR
  • #953: Three Sides Of A Car Loan
    7 million Americans are at least 3 months behind on car payments. It's a record but is it a crisis? | Subscribe to our weekly newsletter here.
    NPR

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  • Musk wins defamation trial over 'pedo guy' tweet
    A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter. Freddie Joyner has more.
  • Week ahead: The Fed, the UK votes, and tariff watching
    Despite a surprisingly strong November payrolls report, the Federal Reserve is expected to hold rates steady next week following three rate cuts this year. Conway G. Gittens has the week ahead.
  • Breakingviews TV: Ping An flop
    China’s largest insurer is listing its OneConnect unit with a $5 bln price tag, a third below its last valuation. It’s the latest in a string of float flubs for Ping An. Clara Ferreira Marques and Alec Macfarlane discuss what this means for its tech credentials.
  • Strongest U.S. hiring in 10 months
    U.S. job growth increased by 266,000 in November, the biggest jump in 10 months, despite a slump in the manufacturing sector and overall uncertainty due to numerous trade spats between the U.S. and trading partners. Conway G. Gittens looks at the hiring surge.

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San Diego, California, Nov 16th 2015: The bit coin was invented by Satoshi Nakamoto in 2008 as a digital form of money but no one truly knows who  Satoshi Nakamoto is. Transactions are done through peer to peer networks without the need of a bank making it the first decentralized digital currency. This is a close up photo of several gold plated bitcoins together symbolizing the bit coin market, modern technology, finance, internet, trading, etc.

`Merica Coin Replaces U$ Dollar

Mired by a stagnant economy, rife unemployment, and riddled with low consumer confidence, the Presidentor of the United States of North America has signed into law an order to drop the USNA Dollar as standard currency in favor of the newly adopted ‘Merica Coin cryptocurrency. 

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Marines land on Alcatraz ~ CryptoMiners Riot

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