Word: accounting
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...owners of these supercomputers, investment firms such as Goldman Sachs and Citadel Investment in Chicago, employ special proprietary algorithms to interpret the data and execute transactions - all in less time than it takes a human to conjure a thought. Already, various forms of high-frequency trading, taken together, account for more than half of all trading now taking place in the U.S. Critics say the practice can raise the cost of trading for typical investors and contributes to market volatility. (See pictures of 10 scared stock traders...
...already underwater on your mortgage, there's a decent chance you will be. According to a new report from Deutsche Bank, up to 25 million American homeowners could eventually owe more than their house is worth. That would account for 48% of all mortgage holders...
...afford a house, were largely peddled at the height of the boom and therefore often correspond to home prices that had nowhere to go but down. However, according to Deutsche Bank's projections, a second wave of upside borrowers is about to hit, and this time prime borrowers will account for the bulk. As of the end of March, the bank estimated that 16% of prime borrowers with conforming loans were underwater. By the end of March 2011, some 41% are projected to be. And about half of those are expected to owe at least 25% more than their house...
...cooler water with warm, and disperse salts, nutrients and pollutants across the various layers of the ocean, which is critical to the strength of ocean currents and the health of the marine ecosystems. Although ocean-mixing is largely attributed to winds and ocean tides, scientists say those factors cannot account for all the energy required to power, for example, the complete circulation of cold and warm water between the earth's poles and equator. The authors of the Nature paper write that marine activity of the kind they describe may be a "significant contributor to ocean-mixing and nutrient transport...
...plug-in electrics growing faster than many expect, despite perceptions that they don't travel far enough or fast enough on a single charge. Nissan says the range of the Leaf is sufficient to meet the daily driving needs of 80% of drivers. Ghosn says that EVs could account for 1 in 10 cars sold...