With the World Cup kicking off in Brazil today, many commentators have questioned the state of Brazil’s economy, considering the costs associated with the soccer championship.
Click on the audio player above to hear a discussion about the economics underlying the competition with Adolfo Laurenti, Chief International Economist at Mesirow Financial, and Leon Krauze, host of “Open Source” on Fusion TV.
Al-Qaida-linked fighters have taken Mosul and Tikrit, while Kurdish fighters have seized Kirkuk. Meanwhile, a news report says the U.S. rejected Iraqi calls for an airstrike against the militants.
Britain's National Trust now has a Rembrandt on its hands. Well, it's had the painting -- a portrait of the artist -- for several years, but until a few weeks ago the work of art was held in storage, thought to be a fake.
After months of investigation, analysts and researchers are putting the price of the painting -- deemed authentic -- at $50 million, several times what it was worth before.
Click the audio player above to hear art critic Blake Gopnik discuss the business of art, branding, and the worth of the master's hand.
So how much is a "selfie" worth?
The Rembrandt has been referred to as one of the more expensive "selfies" ever created. Sure, the Ellen Oscar selfie has cache, but can it compare to the most pricey paintings and photographs artists have made of themselves throughout history?
While Britain's National Trust has no plans to sell their new Rembrandt, many "selfies" have been auctioned for millions of dollars.
Click through the slideshow above to see some of the most expensive "selfies" ever sold.
This month marks the first anniversary of the Edward Snowden leaks that changed our understanding of online privacy. Just like the subject matter of the leaks, the reporting over the last year has offered a deluge of information. So this week, we're posting a short series about all that data. Every day we'll bring you another number that reminds us how much we have learned in the last year about online surveillance and the reach of the NSA.$278,000,000
spent in 2013 by the NSA on "corporate-partner access project
"This is the amount spent by the NSA in fiscal year 2013 under what it calls its corporate-partner access project," Says Susan Crawford, visiting Professor at Harvard Law School. "What they're doing is reimbursing telecommunications companies for domestic surveillance of all internet traffic"
The National Security Agency says that it's pulling data on only non-US citizens. Telecom companies, as well as tech companies, need to comply with these surveillance orders made possible through the Foreign Intelligence Surveillance Act. But they're still not allowed to be fully transparent on what data they're being paid to give up.
Crawford says, "We do know that the fiber optics cables that NSA is getting access to carry everything - all of our phone calls, all of our emails - and our concern is that domestic surveillance can be carried out through these foreign intelligence programs.”