Finance

Father of High-Frequency Trading Advocates Slow Down

/ Matthew Clemente / Leave a comment

Father of High-Frequency Trading Advocates Slow Down

NPR’s Planet Money recent re-aired the story of Thomas Peterffy, a financial innovator that helped chang how (fast) stock trading occurs.  Here is a description of the story:

Thomas Peterffy’s life story includes a typing robot, a proto-iPad, and a vast fortune he amassed as one of the first guys to use computers in financial markets.

On today’s show, Peterffy tells us his story — and he explains why he’s worried about the financial world he helped create.

Wage Inequality 50 Years After the Equal Pay Act

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Wage Inequality 50 Years After the Equal Pay Act

Yesterday, NPR’s Morning Edition commemorated the 50th anniversary of the Equal Pay Act and discussed woman in the workplace today.  

Here is an introduction the story: 

On this day 50 years ago, President John F. Kennedy signed the Equal Pay Act in an effort to abolish wage discrimination based on gender. Half a century later, the Obama administration is pushing Congress to pass the Paycheck Fairness Act, designed to make wage differences more transparent.

Some dispute the frequently cited figure that women are paid 77 cents for every dollar a man earns. But even those who argue the gap is narrower agree it’s most prominent when a woman enters her childbearing years.

 

The Ivory Tower Half Hour: PRISM, Federal Judges, and Economic Development

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The Ivory Tower Half Hour: PRISM, Federal Judges, and Economic Development

Hosted by Barbara Fought, Newhouse School of Public Communications at Syracuse University, this powerhouse panel of Lisa Dolak (Syracuse University College of Law), Tim Byrnes (Colgate University), Bob Greene (Cazenovia College), Tara Ross (Onondaga County Community College), and  Kristi Andersen (Syracuse University) discuss the recent revelation of the PRISM program, the selection of federal judges, and boosing economic development. 

Edith: Welfare Queen or Government Success Story

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Edith: Welfare Queen or Government Success Story

NPR’s Planet Money team recently explored the economic implications of government assistance. 

Here is a description of the story: 

On today’s Planet Money, we meet a single mother who makes $16,000 a year — and who managed to fund a vacation at a Caribbean resort with an interest-free loan from one of the world’s largest banks.

Edith Calzado gets credit cards with teaser zero-percent interest rates — then transfers her balance before the rate ticks up. She signs up for store cards to get discounts — then pays off her bill on time. She gets food stamps and lives in subsidized housing. Her son is doing well in school.

She may be the single most successful and productive beneficiary of government assistance you’ll ever meet.