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Don’t expect the scarcity of fossil fuels to drive us toward alternative energy sources anytime soon: we’re getting smarter about finding and extracting oil.
Today’s stock market has become a world of automated transactions executed at lightning speed. This high-frequency trading could make the financial system more efficient, but it could also turn small mistakes into catastrophes.
This summer, as a meltdown in the subprime credit market spilled over into other markets, all eyes were on the mathematically trained financial engineers known as “quants.” Who are these guys?
Web 2.0–the dream of the user-built, user-centered, user-run Internet–has delivered on just about every promise except profit. Will its most prominent example, social networking, ever make any money?
Technology has taken oil exploration to new depths–and found a huge reserve.
Registered-traveler programs have privacy implications.
The cheap oil will end one day. What about civilization?
Manjo Narang, CEO of Tradeworx, talks about his company’s high-speed trading technology and what such systems mean in today’s stock market.
The Arctic refuge may soon be in the hands of Big Oil. Will it drill clean?