[651] What hackers do to get your personal data, Wray on US data
The top story: Tourism associated with the Olympic Games in Rio de Janeiro, Brazil is running into hurdles as ticket sales lag past events. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports how hackers stole bitcoins worth millions in an attack on a bitcoin exchange in Hong Kong. Then, RT Correspondent Simone del Rosario reports live from the Black Hat conference in Las Vegas on the security and privacy issues that hackers are talking about.
After the break, Ameera talks to STA Wealth Advisors’ Worth Wray about what recent data say about the health of the US economy. And in the Big Deal, Ameera and Edward discuss the collapse in economic data series coming from the UK.
Brexit is far from over as both Tony Blair and the Queen chime in; Hilary Fordwich adds to the discussion today as well! Alex Mihailovich takes inside the world of Canadian oil! Are you cutting the cord or keeping cable? Holland Cooke has some surprising insight! And what stocks should you pay attention too? What does the current market look like? We’re speaking to Danielle Shay and John Grace to find out! [1243]
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New revelations from WikiLeaks reveal that military contractor Boeing and Milan based 'Hacking Team' held discussions to create drones capable of hacking computers from the sky. Alexey Yaroshevsky has the latest information.
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U.S. unemployment numbers have fallen *below* 4 percent! Fmr. VW CEO charged with fraud, Arizona teachers go back to class, and Amazon puts Seattle on notice. Bart’s colleague from CFTC days Jenny Lee discusses whether or not CFPB now stand for Corporate Financial Protection Bureau. Steve Malzberg and Jeffery Small react to the latest stats on the U.S. economy in the age of Trump. All this and more on Boom Bust! [1074]
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From Ford recalls to part prices, what's going on in the auto industry? The Car Coach Lauren Fix joins Bart Chilton as they buckle in a for a great interview!
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The Olympics are a huge event and that means large piles of cash; Dr. Brad Humphreys discusses the economics of the Olympic Games with host Bart Chilton. A new tipping rule from the Department of Labor could have major ramifications surround a work force being paid less than $2.13 an hour; Diana Ramirez explains. Peter Oliver discusses an economic redline for Eurozone reform.
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Inflation continues to grip not only the United States, but also the world. We'll discuss the impact it's having on markets and how some investors are looking to hedge a volatile week in trading. And could the dominance of the dollar be on the line? We talk about China's move to develop it's own digital payment system.
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Well, we are just 15 days away from the end of the US government’s fiscal year and that means Congress has just two weeks left in September to reach a budget agreement. Ameera David weighs in. Then, Erin Ade sits down with Anthony Randazzo – director of economic research at Reason – to talk about the 2016 election.
After the break, Bianca Facchinei takes a look at how much money has flowed into the 2016 campaign so far. Afterwards, Ameera and Erin talk about the Bitcoin blockchain disrupting the banking industry. And in The Big Deal, Ameera and Edward Harrison discuss global underperformance.
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$58 million – that’s the amount Puerto Rico officially defaulted on. The commonwealth did not pay that million dollar sum of principal and interest it owes on Public Finance Corporation bonds. On Friday, the administration for Governor Alejandro Garcia Padilla said that the government simply does not have the money. And Greek stocks plummeted dramatically on Monday. Ameera David weighs in.
Then, Erin Ade sits down with Paul Brodsky – founder of Macro Allocation Inc. Paul gives us his take on what impact a move in the euro/dollar rate could have on private portfolio references and tells us how he would be trading other euro assets right now.
After the break, Bianca Facchinei takes a look at the arrest of Mark Karpeles – former head of the now-defunct Mt. Gox. Authorities in Tokyo arrested him for allegedly falsifying financial records in the payment service’s computer system by $1 million in 2013.
Afterwards, Ameera and Erin discuss how ex-trader Tom Hayes was sentenced to 14 years in jail after being found guilty of conspiring to rig Libor benchmark interest rates.
And in The Big Deal, Ameera and RT correspondent Manuel Rapalo talk about drones.
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Sayah Tavangar takes a look at pipelines in the US and if they're up to par or a disaster waiting to happen.
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