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...dealing with price swings the best they can. Blocks of shares bought and sold have grown smaller, as traders shy from committing too much of a position at one time, lest they pass up a better price later. As margin calls and redemptions from mutual and hedge funds drive trading particularly wild in the opening and closing minutes of most sessions, algorithm-based traders are rewriting programs to squeeze their moves into increasingly narrow bands of time. "It may be good, it may be bad, but I don't thank any of us can stop it," said Robert Almgren...
Coping with $4 a gallon gasoline has drastically altered driving patterns, perhaps permanently. "We are seeing changes in habits," says Julian Lee, senior energy analyst with the Center for Global Energy Studies in London. "The sales of big gas-guzzling vehicles have collapsed. If we see that kind of change it becomes a much longer term issue with long-term demand destruction." In the short term, there's simple math. The average driver goes about 12,000 miles a year at 20 miles per gallon, says Ken Medlock, an Energy Fellow at the Baker Institute at Rice University in Houston...
Then, of course, there are the warhorses themselves. In the poem that lends the book its title, Komunyakaa speaks of them as mythic beings, created to be ridden into battle. Throughout the book, Komunyakaa suggests that there is some basic human force that drives man to war; the horses are just as old and just as essential to the task of killing. As such, horses are often referred to throughout the poems as a symbol of man’s own warlike drive: “Horses carried men to reed boats. / Horses carried the Lion-hearted / ...Horses carried...
...With costs so cheap, even private citizens are getting involved. One DIY "robo-caller" from Austin, Texas funded his own phone drive during the South Carolina primary that targeted Hillary Clinton. The recorded message included claims that Clinton had paid someone to kill an opponent's cat: "Hillary thinks cats are expendable. Can you trust her?" In May, the Minnesota Family Council recorded messages that used the words "anal and oral sex" in an effort to defeat a bill for sex education in school; ironically, the organization received complaints from parents whose children had answered such calls. In March...
...Robocall Privacy Act, banning political robo-calls to the same household more than twice a day and mandating that such calls be made during the hours of 8 a.m. and 9 p.m. It didn't take long for the American Association of Political Consultants to launch a fundraising drive to challenge the bill. Congress has yet to vote...