The Wall Street analyst saw the potential for computers to transform stock markets to slash trading costs and cut out brokers and other middlemen. He was right about the cost savings but wrong about the brokers.
Wall Street Journal
Mr. Baker’s hustle and skills lifted him to the powerful post of secretary to the Democratic members of the Senate. His undoing came in 1963 with news that he had used his position to enrich himself.
The Mexican economy contracted in the third quarter from the preceding period as a series of natural disasters affected services and oil production.
Rather than throw money at things just because they’re on sale this holiday season, you should buy gifts that will retain value over time. Here are the gadgets we’ve lived with and loved this year: items for the music lover, the cook, the workaholic and child (or child at heart).
A fresh wave of advertisers suspended commercials on YouTube after their ads showed up next to videos that appeared to attract pedophile viewers and comments.
Navillus Contracting is seeking court approval for $135 million in bankruptcy financing to help it complete two prominent construction projects in Manhattan.
Emmerson Mnangagwa, who was sworn in as president of Zimbabwe Friday, used his inaugural address to reach out to political opponents and pleaded with foreign investors to return to the crisis-hit country.
Prosecutors and police in Chicago and other cities say social media mirrors and contributes to gang-related behavior on their streets.
Uber and McDonald’s are among a growing group of employers giving workers near-instant access to their wages through apps. Daily payments can help some workers smooth out the financial volatility of fluctuating schedules, but could impair saving.
Dish Network Corp. said it reached a carriage agreement with CBS Corp. and was restoring the programmer’s stations to more than 2 million subscribers impacted by a three-day blackout that lasted through CBS’s Thanksgiving Day NFL game.
At least 235 people were killed and 109 injured when gunmen armed with explosives attacked a Sufi-linked mosque in Egypt’s restive Sinai Peninsula, in the deadliest assault in the country’s modern history.
Oil prices edged higher in muted trade due to the Thanksgiving holiday, as falls in inventory and disrupted supply to the U.S. supported prices.
J. Christopher Giancarlo moved to the top job at the Commodity Futures Trading Commission this year from a minority commissioner’s role, giving him a chance to push for changes on Obama-era derivatives regulations that he has criticized.
Thanksgiving weekend is built around college teams squaring off against their bitter enemies. But Alabama versus Auburn has become the sport’s biggest annual game
Germany’s Social Democrats said they would hold talks with other parties to discuss ways out of the political crisis, reducing the likelihood of imminent snap elections after Chancellor Angela Merkel’s efforts to form a government collapsed.
Ireland, the European Union member with the greatest economic stake in the U.K.’s exit from the bloc—is preparing for Brexit, as the government offers aid and businesses diversify.
Attention Black Friday shoppers: Prices may not be as low this time around. Nevertheless, even as this year has proved one of the most challenging for retailers, analysts are predicting robust holiday sales.
Military exercises involving thousands of troops and hundreds of U.S. and South Korean aircraft will take place on the Korean Peninsula next month, in the latest show of force aimed at deterring North Korea.
Saudi Arabia is at the nexus of Lebanese Prime Minister Saad Hariri’s two big problems: his precarious political future and the looming collapse of his construction empire, a business built on decades of support from the Saudi royal family.