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.
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Kavanaugh Supreme Court Nomination Meets #MeToo Senate confirmation looked like a done deal, but gender politics are disrupting the process. Judge Brett Kavanaugh’s unblemished record is up against a woman’s lifetime of trauma--depending on who you believe. What are the options for Senate Republicans less than two months before this year’s elections?
White House ‘Norms:’ Past and Present President Trump has famously violated traditional rules of presidential behavior. Now Barack Obama has broken the studied silence maintained by former presidents. He’s even attacked Trump by name. Warren explores the historical context and future implications with Tim Naftali, who once ran the Richard Nixon Library and Museum.
Climate Change and Big Money for New Technology California leads the nation in reducing greenhouse emissions, but Governor Jerry Brown concedes that’s just the beginning. Will his global conference on climate change make any difference? Not without trillions of dollars, which will have to come from private investors. We’ll hear about some exotic technologies attracting that kind of money.
The Supreme Court and the End of Judicial Restraint Senate confirmation for SCOTUS nominees has become a political circus. That’s because unelected judges have seized legislative powers--when Congress fails to take action. Ruth Bader Ginsburg says Roe v. Wade is bad constitutional law, even though she agrees with the outcome. Should abortion have been left to the voters? Will Brett Kavanaugh make a difference?
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