Celebrating an infamous anniversary
That’s how long it’s been since the infamous “Flash Crash” in the U.S. stock market. Regulators wanted to set up a monitoring system to prevent drastic market swings. Consolidated Audit Trail, or CAT, was conceived as a way to mitigate any crisis situation. However, organizations responsible for establishing CAT, including Nasdaq, have been slow to make real progress in building and funding the project, according to the Wall Street Journal.
Some high-powered lawyer, bankers, and consultants claim to clock this many hours each week, but it turns out that schedule doesn’t mean the same thing to everyone. The Upshot reported on a study that found about 30 percent of men at one consulting firm set themselves up with a far less stressful schedule while letting others believe they were totally slammed. Turns out the “fakers” had about as much success as people who were actually putting in 80 or 90 hours a week. Women were more likely to ask for an easier schedule up front, the study found, and their performance reviews suffered.
This is how many followers British Prime Minister David Cameron has on Twitter. Thursday is the British election, and according to the Guardian, this is the tightest race the country has experienced in years. The leader of the Conservative party faces off his Independent and Labour opponents in a final day of campaigning today. And all candidates have employed social media to reach out to their constituencies.
This is how much the Marvel film “The Avengers: Age of Ultron” took in over the weekend in North America. Riding the success of its superhero franchise, Walt Disney studio has been trying to boost its cut by taking a bigger share of the box office and restricting matinee hours. This move is only adding tension to the tug of war between studios and movie theaters.
The portion of Microsoft developers and engineers who are women, according to CEO Satya Nadella. Marketplace Tech’s interview with Nadella, split up over two days, touched on the pay and representation gap facing women in tech, as well as Microsoft’s cloud computing business and plans for expansion in Nadella’s native India.
At least that many businesses were damaged or completely destroyed during riots in Baltimore last week. A few of them were CVS stores, which are now slated to reopen after, in some cases, being torched and looted. CVS and other drug stores fill an important role in low-income communities like West Baltimore, offering fresh produce and other healthy food in place of larger grocery stores, which have moved to the suburbs.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.