Dollars & Sense: Inside the gold boom; IBM's Jeopardy computer
Companies that mine for gold are grabbing big profits.
January 13th, 2011
05:04 PM ET

Dollars & Sense: Inside the gold boom; IBM's Jeopardy computer

A roundup of today's CNNMoney news:

Digging for gold – 2 miles down (video): With gold selling near record highs of $1,400 an ounce, demand has never been higher - and that means big profits for the companies who drill and blast it out of the ground. An exclusive look inside one of the biggest gold mines in the country in rural Nevada.

My 3-year-old got a credit card offer: When a CNNMoney writer's 3-year-old daughter received a credit card offer in the mail, she laughed at first. Then she pondered the financial implications.

5 states where jobs are getting worse: States like Nevada and Colorado have seen their unemployment rates skyrocket. Here's why, and what they're doing about it.

Verizon scraps ‘new every two’ credit: Verizon Wireless customers will generally no longer be able to get credits of $30 to $100 off the already-discounted price of a new phone, starting January 16. Current Verizon customers who are eligible for the credit still will be able to use them toward Verizon iPhones when they go on sale next month.

IBM’s Jeopardy computer: Watson, which takes its name from the surname of IBM founder Thomas J., is a computing system that aims to "understand" language as humans naturally speak it. And that's no easy feat! But in a 15-question round, Watson fielded about half the questions - and got none wrong.

Post by:
Filed under: Business • Economy • Technology
soundoff (9 Responses)
  1. waldo

    And then

    January 13, 2011 at 7:30 pm | Report abuse |
    • Supremo_Lagarto

      Am I the only person this scares the $#!t out of ?

      January 15, 2011 at 12:58 pm | Report abuse |
  2. waldo

    Where is sheperd he is my new computer buddy

    January 13, 2011 at 8:18 pm | Report abuse |
  3. 49er

    shucks I wanna dig me some goldnuggets,got my pan & vittles where do I find 2 miles down?

    January 13, 2011 at 9:07 pm | Report abuse |
  4. 49er

    can I bring my burro?

    January 13, 2011 at 9:13 pm | Report abuse |
  5. Cesar

    Yes, you may bring your burro, but only if it's potty trained.

    January 13, 2011 at 9:35 pm | Report abuse |
  6. 49er

    amen cousin.... when my burro gets projectile diarrhea its a mess,but at the same time it breaks down mud thus easy access to them gold veins! dang I love that burro

    January 13, 2011 at 10:00 pm | Report abuse |
  7. banasy

    This has nothing to di with a ca ca challenged burro, but...

    I used to get credit card offers for my dog, Cheech, all the time. I even used to get them for my son, who's deceased...and they didn't start coming in the mail until AFTER he passed away! What 'tard these CC companies are...

    Actually, talking about the poopin pack-animal is more interesting!!!

    January 13, 2011 at 10:36 pm | Report abuse |
  8. Lisababy

    I am truly enjoying your posts. @49er how much DO you love that burro hehehe! thanks for the chuckles its been a rough week.

    January 14, 2011 at 3:23 pm | Report abuse |