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Rising corn prices are already affecting everything from the cost of tortillas in Mexico City to the cost of producing eggs in the United States.
A series of upsets could spell trouble for Second Life’s virtual economy.
Some experts doubt that startup Square can succeed.
Economist Robert C. Merton talks about the current crisis, risk, and financial engineering.
A new payment system lets consumers pay for goods by talking on the phone.
Despite a global recession, mobile-payment services are surging in the developing world.
Linden Lab’s CFO explains how the economy works in the virtual community.
Farecast claims to offer cheap tickets based on science, not marketing.
IBM’s combination of hardware and software crunches financial data at an unprecedented rate.
MIT’s Andrew Lo describes how one rogue trader can impact global markets.