Stock Market http://www.kunc.org en Traders Defend High-Speed Systems Against Charges Of Rigging http://www.kunc.org/post/traders-defend-high-speed-systems-against-charges-rigging The FBI and the Securities and Exchange Commission revealed this week that they're both investigating the world of high-frequency stock trading. They did so at a time when a new book on the subject, <em>Flash Boys</em> by Michael Lewis, is causing an uproar on Wall Street.<p>To read Lewis' book is to be reminded of how drastically the stock market has changed in a decade — and how opaque it remains. Lewis says this opacity serves to cover up some disturbing developments.<p>"The stock market is rigged. Wed, 02 Apr 2014 21:53:00 +0000 Jim Zarroli 55130 at http://www.kunc.org Traders Defend High-Speed Systems Against Charges Of Rigging Playing The Markets, Learning To Manage Risk http://www.kunc.org/post/playing-markets-learning-manage-risk <p>On a frigid winter day, Chad Hart tries to warm his economics students at Iowa State University to the idea of managing some of the risk of farming using the commodity markets. Because, as he told them on the first day of class, farmers don’t make money planting or harvesting crops; they make money selling them. And Hart knows that marketing—managing those sales for the best profit—can be intimidating.</p><p> Tue, 25 Feb 2014 12:00:00 +0000 Amy Mayer & Harvest Public Media 54272 at http://www.kunc.org Playing The Markets, Learning To Manage Risk What It Was Like To Be A Wall Street Recruit After The Bailouts http://www.kunc.org/post/what-it-was-be-wall-street-recruit-after-bailouts Back in 2012, reporter Kevin Roose went undercover at a very exclusive party.<p>It was a dinner for a secret society, held once a year, at the St. Regis hotel in New York City. The secret society is called Kappa Beta Phi, and it's made up of current and former Wall Street executives — people like Michael Bloomberg, former heads of Lehman Brothers, Bear Stearns, Goldman Sachs. And every year the group holds a dinner to induct new people into the group — they're called neophytes.<p>No reporter has ever made it in. Roose wore a tuxedo, and got a seat at a table. Thu, 20 Feb 2014 12:38:00 +0000 Zoe Chace 54180 at http://www.kunc.org What It Was Like To Be A Wall Street Recruit After The Bailouts Tesla's Stock Gets Burned After Car Fire And Downgrading http://www.kunc.org/post/teslas-stock-gets-burned-after-car-fire-and-downgrading High-flying billionaire Elon Musk's Tesla Motors has seen its shares skid the past couple days because they've been downgraded by analysts and <a href="http://youtu.be/q0kjI08n4fg" target="_blank">because of a YouTube clip</a> showing one of the all-electric luxury cars engulfed in flames earlier this week.<p>Just before noon ET, a share of Tesla was trading around $169.50 — down about 6.5 percent for the day and $25 (13 percent) below its 52-week high of $194.50.<p>The downgrade by analysts from Baird Research, who shifted Tesla shares from a rating of likely to "outperform" to one of "neutra Thu, 03 Oct 2013 16:27:00 +0000 Mark Memmott 50355 at http://www.kunc.org Tesla's Stock Gets Burned After Car Fire And Downgrading Fed Says It Will Continue Stimulus; Markets Reach New Highs http://www.kunc.org/post/fed-says-it-will-continue-stimulus-markets-reach-new-highs The Federal Reserve said today that it is not slowing down its monthly purchase of $85 billion in bonds.<p>The program is intended to stimulate a sluggish economy and the Fed was widely expected to announce that in light of a recovering economy, it was tapering the bond-buying program. Wed, 18 Sep 2013 18:28:00 +0000 49763 at http://www.kunc.org Fed Says It Will Continue Stimulus; Markets Reach New Highs