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Money News

Quizzical Education, Vol. 20: Test Your Money News IQ

September 20, 2018

1 min read

Test your knowledge of some of the most important news stories involving money. This week, see if you know the name of Apple’s latest flagship gadget, which storm is wrecking havoc on the Carolinas and the percentage of women in leadership positions at investment banks.

Find out in the 7 questions below:


Virginia and the Carolinas are responsible for more than $1 trillion in economic activity every year. What weather event is disrupting that activity?

Earthquake Clarence
Hurricane Florence
Typhoon Mangkhut
Winter Storm Gandolf

Hurricane Florence is, as of the week of September 17, wreaking havoc on the Carolinas. While the storm weakened before making landfall, it’s caused catastrophic flooding and numerous deaths.

Read more: Hurricane Florence: How Storms Can Affect the Economy


Apple held its annual fall event devoted to hardware innovations last week. The new flagship iPhone is called the ___.

iPhone Xi
iPhone Xs
iPhone 12r
iPhone Vista

The new flagship iPhone is the Xs, which will also be available in a larger version, the Xs Max. Apple also announced the release of the Xr, which will be more of a “budget” option with a lower price and fewer features.

Read more: Apple Debuts New iPhones, Plus More Watches and Gadgets


What is the term used to describe a method of storing, accessing, and syncing data through the internet, rather than on a local hard drive?

Cloud computing

The answer is cloud computing, in which software and data are accessed via “the cloud”—or, on networks accessed through the internet, rather than on a local server.

Read more: Cloud Computing Runs the World


The U.S. recently marked the tenth anniversary of the financial crisis of 2008, which began with the collapse of what Wall Street investment bank?

Washington Mutual
Bear Stearns
Lehman Brothers
Wells Fargo

Lehman Brothers was the first domino to fall during the 2008 financial crisis, but not the last. As a result, the global economy plunged into the Great Recession.

Read more: The Recession Was 10 Years Ago: What Happened?


Women account for _% of leadership positions at investment banks.


Leadership positions at investment banks are dominated by men. Only 9% in such positions are female.

Read more: Are Women Better Investors? Stash Data Flips Gender Stereotypes


What is the name of a stock-picking algorithm that is powered by IBM’s Watson, that selects the stocks for Stash’s AI’s Top U.S. Picks ETF?

Deep Blue

The algorithm is called EquBot, and runs on IBM’s artificial intelligence platform Watson. Watson, you may remember, famously beat out human competitors on the trivia game show Jeopardy!, and won a prize of $1 million.

Read more: AI’s Top U.S. Picks: An AI-Driven Investment on Stash


This large soda company is exploring a partnership with a Canadian cannabis company to bring marijuana-infused drinks to market.

Keurig Dr Pepper
Royal Crown Cola

Coca-Cola is in talks with Vancouver B.C.-based Aurora Cannabis to bring CBD-infused drinks to consumers.


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By Sam Becker

*The results of this quiz does not imply any level of skill or training on the part of any customer. The content of this quiz is for educational purpose only.

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