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CAPITOL TIMES
BUSINESS
Guilty Plea Rocks High-Profile CEO Murder Case — Federal Court Moves as State Trial Looms
A major development shook one of America’s most closely watched criminal cases Friday, as Luigi Mangione, 28, entered a guilty plea in federal court tied to the 2024 assassination-style killing of UnitedHealthcare executive Brian Thompson. According to reporting from Associated Press and other U.S. outlets, Mangione admitted in a Manhattan courtroom that he stalked and tracked Thompson before fatally shooting him outside a New York City investor conference in December 2024. I
The Transformation of the Concept of Credit: From Trust Without Verification to Trust After Verification
By Scott Shields – Contributing Writer – Capitol Times Media – From Conversations and Material of Zhu Weisha. Learn more about Zhu Weisha here at Capitol Times Media’s July Magazine Issue. “From Double-Entry Accounting To Verifiable Finance” Introduction The previous essay, “In a World of Information Explosion, Verification Is More Important Than Trust,” discussed a methodology for the age: when information expands without limit and AI can rapidly generate judgments, explanat
AI Must Possess Multi-Role Cognitive VerificationCapabilities
By Scott Shields – Contributing Writer – Capitol Times Media – From Conversations and Material of Zhu Weisha. Learn more about Zhu Weisha here at Capitol Times Media’s July Magazine Issue. “From Double-Entry Accounting To Verifiable Finance” A User’s Functional Requirement for AI I. The Problem The AI era does not lack answers. Today’s large language models can write, translate, code, summarize, reason, retrieve information, and generate plans. They can also enter finance, he
IMF: U.S. Economy Continues to Outperform as Global Growth Slows
WASHINGTON, D.C. — The American economy is once again proving its strength while much of the developed world struggles with sluggish growth, according to the International Monetary Fund's latest World Economic Outlook update released Wednesday. The IMF projects the U.S. economy will grow 2.3% in 2026 and 2.2% in 2027, maintaining one of the strongest performances among advanced economies even as global growth weakens. For supporters of President Donald Trump's economic agenda
The Two Americas of AI: One Is Cutting Jobs, the Other Can Finally Compete
Compiled by Scott Shields, Contributing Writer for Capitol Times Media, from conversations and material presented by Greg Writer, Founder and CEO of Launch Commerce Inc. This week Oracle told Washington something it did not want to say out loud. In its annual filing, the company founded by Larry Ellison disclosed that it had cut roughly 21,000 jobs over the past year, close to 13 percent of its workforce, and it named the cause plainly: the deployment of AI across its operati
Understanding Verifiable Finance Through America’s Voting Problem
Compiled By Scott Shields & Stephanie Li – Contributing Writers for Capitol Times Media - From Conversations and Material Presented By California Crypto Commission’s Senior Advisor For a systematic discussion of verifiable finance, see the book From Double-Entry Accounting to Verifiable Finance and the related serialized articles in this magazine. When many people first hear the term “verifiable finance,” they easily understand it as a matter of cryptocurrency, stablecoins, b
ELON MUSK BECOMES WORLD’S FIRST TRILLIONAIRE
In a historic milestone that many economists once considered impossible, entrepreneur and innovator Elon Musk has officially become the world's first trillionaire following the blockbuster public debut of SpaceX. The company's record-breaking stock market launch pushed its valuation above $2 trillion and elevated Musk's personal net worth beyond the trillion-dollar mark. The achievement represents far more than a personal financial victory. It is a powerful demonstration of w
Prelude To Entire Book Published By Capitol Times Media – Available July 2026
From Interviews With The Senior Advisor Of The California Crypto Commission From January 2025 to May 2026 By Scott Shields and Stephanie Li – Contributing Writers For Capitol Times Media 06/11/2026 Introduction: The Missing Fourth Element of the AI Revolution Over the past few years, people have become accustomed to explaining the AI revolution through three core elements: computing power, algorithms, and data. Computing power determines the scale at which AI can operate. Alg
FROM THE WEALTH OF NATIONS TO VERIFIABLE FINANCE: WHEN HISTORY REACHES A NEW TURNING POINT
Prelude To Entire Book Published By Capitol Times Media – Available July 2026 From Interviews With The Senior Advisor Of The California Crypto Commission From January 2025 to May 2026 By Scott Shields and Stephanie Li – Contributing Writers For Capitol Times Media 06/08/2026 WHO IS LIABLE WHEN AI MAKES A MISTAKE? What We Need Is Not AI “Personhood,” but a Verifiable Chain of Accountability INTRODUCTION: A REPEATEDLY MISFRAMED QUESTION As artificial intelligence becomes deeply
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