The latest incident of chaos on Wall Street reveals how computerized algorithms control the financial markets. What's their role in retail customer service -- and choosing the next pop music star? Also, the deadly attack American Sikhs have feared since September 11, and Curiosity makes history on Mars.
FROM THIS EPISODE
Police are searching for a "person of interest" in the killing of six people yesterday at the Sikh temple in Oak Creek, Wisconsin. The principal suspect was killed at the scene by police. Oak Creek Police Chief John Edwards identified Wade Michael Page as a 40 year-old with a general discharge form the Army, who was ineligible for re-enlistment. We hear more from Don Walter, who reports for the Milwaukee Journal Sentinel, and from Rajwant Singh, chairman of the Sikh Council on Religion and Education.
Knight Capital is a so-called "market maker," using high-speed computers to keep Wall Street fair and orderly. Last week it created chaos instead. It's the latest in a series of computer malfunctions that are giving some investors the jitters by trading stocks faster than the human brain can function. Have the benefits of fast trading reached their limits? What's the role of computer algorithms in other parts of our lives? You may be surprised.
NASA's rover Curiosity survived "seven minutes of terror" last night to begin one of the most ambitious missions to another planet in human history. After Curiosity landed last night, it took 14 minutes for the message to arrive in the control room at the JPL in Pasadena, where it was greeted with cheers and elation. Allen Chen is flight dynamics and operations lead for the Curiosity descent and landing team at Jet Propulsion Laboratory. Astrophysicist Ian O'Neill is space science producer for Discovery News.
More From To the Point
Imprisoning our mentally ill? American jails and prisons have become hospitals for the mentally ill. A murderer doing 20 years at New York’s Sing Sing prison works with schizophrenics serving 24 months for misdemeanors. He tells Warren that sick people should be treated outside. The Sheriff in Chicago says it’s not just inhumane but a waste of taxpayers’ money. How did we get here? What can be done?
Did Trump get conned by Kim? Six months after threatening nuclear warfare, “little rocket man” and the “dotard” were talking peace in Singapore. Beyond the hype, did President Trump and Kim Jong Un really mean it? A seasoned diplomat, a UN nuclear weapons inspector and veteran journalists provide contrasting assessments.
Post primary wrap, what’s the takeaway? California’s billed as the heart of “resistance” to President Trump. But in this month’s Golden State primary, young and Latino voters stayed home. That’s produced a clash of voices between Progressive Democrats and Clinton-era Centrists. What will that mean come November with control of the Congress at stake?
The politics of prison reform Prison reform is moving in Red States, Blue States and (maybe) on Capitol Hill. But America still incarcerates more people than any other country-- including China. Meantime, the Trump White House is divided. Jared Kushner is pushing sentence reform, while Attorney General Jeff Sessions wants to stay “tough on crime.” What are the prospects for much needed change?
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