Scientists Develop World’s First Scalable Quantum Computer
A team of scientists at the Massachusetts Institute of Technology (MIT) and the University of Innsbruck in Austria announced Friday that they had built the world’s first scalable quantum computer, paving the path for the creation of a device with…
Are We Coming to the End of ‘American Exceptionalism’?
This article first appeared on the London School of Economics site. According to the Republican presidential frontrunner Donald Trump, “We’re not a strong country anymore.” It is a little unclear what Trump means by this, but it seems to be…
China adopts new strategy to refuel growth
Chinese Premier Li Keqiang delivers a government work report during the opening meeting of the fourth session of the 12th National People’s Congress at the Great Hall of the People in Beijing, capital of China, March 5, 2016. [Photo/Xinhua] BEIJING…
Whether Big Banks Can Go Bye-Bye With Blockchain
Karen Shaw Petrou’s memorandum to Federal Financial Analytics clients on whether big banks can go bye-bye with blockchain. TO: Federal Financial Analytics Clients FROM: Karen Shaw Petrou DATE: March 4, 2016 Whether Big Banks Can Go Bye-Bye With Blockchain In…
The best state pension plan is only 42% funded
The best state pension plan is only 42% funded On My Radar: Stick With the Drill – Stay Wary, Alert and Very, Very Nimble by Chairman & CEO CMG Capital Management Group, Inc. March 4, 2016 was in Florida this…
Banks’ exorbitant earnings
The financial sector of Pakistan is having the time of its life at the moment. According to the latest SBP Quarterly Performance Review (QPR) released on 25th February, 2016, the banking sector of the country posted an after-tax profit of…
Politics of disillusionment and the rise of Trump
Last autumn, when I was in the United States, I asked a number of senior Republican Party figures about the possibility of Donald Trump winning the presidential nomination. All laughed out loud. It simply won’t happen, they told me. The…
Tim Cook’s Deal With Apple – CEO Pay Cap Even Less Effective Than We Knew
Tim Cook’s Deal With Apple – CEO Pay Cap Even Less Effective Than We Knew by Allan Sloan, ProPublica, March 4, 2016, 12 p.m. Tim Cook got almost $400 million of restricted stock when he was named Apple chief executive…
Jack Bogle And The Extraordinary History Of The Index Mutual Funds
Jack Bogle And The Extraordinary History Of The Index Mutual Funds by WealthTrack It’s currently the winter fund raising season on public television so WEALTHTRACK may be preempted on your local station this week. As a result, we are revisiting…
Your right to encryption: iPhone legal challenge update (with Harry Potter reference)
Last year, the United Nations called personal encryption a necessary condition for civic life in the digital age. That was last year. This year, Apple is fighting the U.S. Department of Justice over this very issue: personal encryption. Quite a…