US and British spy agencies successfully hacked the world’s largest SIM card manufacturer. The hack allowed the spy agencies to potentially monitor the calls, texts, and emails of billions of mobile users around the world. They essentially stole the encryption keys used to protect the privacy of mobile communication, which essentially allowed the spy agencies to sidestep the need to for a warrant or a wiretap. Erin weighs in.
Then, Edward sits down with Jim Rickards – chief global strategist at West Shore Funds and author of “The Death of Money.” Jim tells us why the US dollar is so strong and gives us his take on Fed Chair Janet Yellen’s comments on the Fed’s policy decisions being data dependent.
After the break, Boom Bust producer Bianca Facchinei takes a look at a new report on lifetime earnings by the New York Federal Reserve and what it means for millennials – most of which are already saddled with student loan debt. Afterwards, Boom Bust producer Melissa Kolpak reports on the app economy and gives us her take on the most helpful apps.
And in The Big Deal, Erin and Edward are talking about the latest in tech including Apple Pay and a possible Apple car. Take a look!
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