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“My Eyes Popped Out Of My Head”: Ohio Woman Receives $284 Billion Electric Bill

The ‘Nightmare Before Christmas’ has nothing on this. Due to a processing error made by her local power company, one Ohio woman discovered earlier this month – to her abject horror – that she owed Penelec, her power provider, $284 billion, a figure that’s larger than the combined national debts of Hungary and South Africa. […]

Social Media Platforms Need To Be Regulated! NYU Prof Sees “Dangerous Issues For Society”

Authored by Vasant Dhar, NYU Sterm Professor, op-ed via CNBC, Unregulated social media platforms pose significant societal risks. That's what we found out after the 2016 election, when it became clear that social media had been used for political mass manipulation in the world's oldest democracy. We should not be surprised. Despite a large scale […]

“Ho, Ho, Hodl – A Visit From Crypto-Claus”: A Blockchain Holiday Poem

From Cameron Crise, a former hedge fund trader and current macro commentator and strategist who writes for Bloomberg. The holidays are a festive time of fun and fantastical fairy tales told to young people, which explain the windfall of riches bestowed upon them. As it’s become something of a tradition for me to close out […]

Remember The 2016 “Russian Attack” On The Internet? (Spoiler Alert: It Wasn’t Them)

Authored by Constantin Gurdgiev via True Economics blog, In 2016, a bot, named Mirai, wrecked havoc over the global internet with massive waves of DoS attacks on anything, from French telecoms, to U.S. web services, to Russian banks, to African airports and beyond. Per Wired, "As the 2016 US presidential election drew near, fears began […]

Cyberattacks: The Biggest Threat To OPEC

Authored by Irina Slav via OilPrice.com, Oil and cybersecurity in one sentence certainly makes for a thrilling read, and there will be an increasing amount of information on the topic as the Internet of Things expands and the global oil industry adopts automation and digital technology. OPEC is no exception in this digitalization drive, but […]

Moment Of Port Authority Explosion Caught On Tape

A clip of the moment an alleged pipe bomb exploded at Port Authority around 6:30am on Monday morning has been released. BREAKING VIDEO: MOMENT OF EXPLOSION AT TIMES SQUARE SUBWAY STATION pic.twitter.com/bb6nEPwfqD — Breaking911 (@Breaking911) December 11, 2017 Meanwhile, according to Sarah Sanders, President Trump has already been briefed on the incident at the Port […]

German Government Drafts “Orwellian Nightmare” Plan To Spy On All Digital Devices

Germany's Interior Ministry is challenging the NSA for the title of world's most Orwellian intelligence agency. According to Russia Today, Thomas de Maizière, Germany’s interior minister, wants to create secret backdoor access to computers, phones and even Volkswagens – a plan that critics are slamming as an "Orwellian nightmare". Maiziere plans to argue in favor […]

Gartman: “We Are Going To See Tax Legislation Pass Either Tonight Or Tomorrow”

In a dramatic showdown on the Senate floor on Thursday afternoon, the Senate tax bill came this close to being killed by deficit hawks, and in the resulting chaotic aftermath, votes and debates which were scheduled for Thursday evening have now been pushed back to Friday morning. Who could have possibly foreseen it? Well, anyone […]

Weekend Humor: A Millennial Job Interview

Presented with little comment… “For stuff like that, I’ll just ask Siri… who gets up at 8?” A Millennial job interview from @TheDanielBrea on Vimeo. http://WarMachines.com

Dan Hannan Destroys The Growing Support For ‘Socialism’ In 100 Seconds

How is it that 100 years after The Bolshevik Revolution there are still people saying the idea of socialism wasn’t so bad? British MEP Daniel Hannan exposes the ignorance of this line of thinking… in 100 seconds. How is it that 100 years after #BolshevikRevolution there are still people saying the idea of #socialism wasn’t […]

“FALLCHILL”: DHS, FBI Release Details On North Korean Hacking Tools

As tensions between the U.S. and North Korea mount, the DHS and FBI have just issued a pair of technical alerts about cyber attacks which they say are sponsored by the North Korean government and that have been targeting the aerospace, telecommunications and financial industries since 2016.  According to the alert, North Korean hackers have […]

The Crimes Americans Worry About Most

Even though 2017 is already the worst year for mass shootings in modern U.S. history, Americans are more worried about cybercrime than violent crime. That's according to a new Gallup poll which found that 67 percent of U.S. adults frequently or occasionally fret about having personal, credit card or financial information stolen by hackers. 66 percent also worry […]

WikiLeaks Publishes CIA Hacking Tool Designed To “Impersonate” Russia’s Kaspersky Lab

On September 18th, the US Senate voted to ban the use of products from the Moscow-based cyber security firm Kaspersky Lab by the federal government, citing national security risk. The vote was included as an amendment to an annual defense policy spending bill approved by the Senate on the same day and was written to […]

Michael Lewis Reveals His New “Big Short”

When the award-winning author of “The Big Short,” “The Blind Side” and “Moneyball,” stopped by Yahoo Finance yesterday to discuss his latest book, “The Undoing Project,” he was predictably asked for his next “Big Short” idea.  And, after downplaying the value of his opinion, and those of everyone else for that matter, Lewis offered up […]

Rev. Jesse Jackson Accused Of Sexual Harassment

Noted civil rights activist and political hack Rev. Jesse Jackson has been accused of sexual harassment by a journalist who says the Chicago community organizer once grabbed her thigh and made a crude comment. In a post for “The Root,” writer Danielle Young accused Jackson of making “unwanted” advances and comments during a photo-op following […]