Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom

IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer. The announcement comes two weeks after the US government signed letters of intent with nine quantum computing companies, including IBM. That agreement will see IBM receive $1bn from the Department of...

Cracks Appear In Climate Consensus As Germany's Energy Minister Admits Renewables Are Ruining The Country Authored by Tilak Doshi, When Simon Wakter, Political Adviser to Sweden’s Minister for Energy, posted on X last Wednesday with a simple “Wow, incredible article” and a clapping emoji, he captured the shock rippling through Europe’s energy commentariat. The target of his applause was not some fringe sceptic but Germany’s own Economy and Energy Minister, Katherina Reiche. In a guest column for the Frankfurter Allgemeine Zeitung, Reiche delivered a verdict that would have been career-ending heresy only a year ago: “One fact...

Will This Atlantic Hit Piece Be The Final Straw? Authored by Matt Margolis via PJMedia.com, The Atlantic has a well-documented history of publishing fake hit pieces about President Donald Trump and his administration, and one wonders how many more hoaxes they can run before they get in real trouble. Its latest effort targeting FBI Director Kash Patel may be its most reckless yet — and this time, the bureau is fighting back with lawyers. The piece, written by reporters Sarah Fitzpatrick and Jonathan Lemire, claims that on Friday, April 10, Patel struggled to...