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Nov 5, 2014

Marketplace for Wednesday November 5, 2014

Now that the elections are over, the one thing most people can agree on is that not much will change. This is great for Wall Street because stasis means certainty. And Wall Street loves certainty. Plus, Denton, Texas is special. It sits on top of a huge shale oil reserve. The oil industry went all in to defeat the proposal and it passed with nearly 60 percent of the vote. Turns out maybe people don’t like living in an oil field. Finally, emojis are about to get more racially diverse. We take a broad-brush look at the emoji industry, and the money behind creating and spreading the little pictograms.

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Now that the elections are over, the one thing most people can agree on is that not much will change. This is great for Wall Street because stasis means certainty. And Wall Street loves certainty. Plus, Denton, Texas is special. It sits on top of a huge shale oil reserve. The oil industry went all in to defeat the proposal and it passed with nearly 60 percent of the vote. Turns out maybe people don’t like living in an oil field. Finally, emojis are about to get more racially diverse. We take a broad-brush look at the emoji industry, and the money behind creating and spreading the little pictograms.