“One fine day, in a fit of euphoria, after he had picked up the telephone and taken an order for zero-coupon bonds that had brought him a $50,000 commission, just like that, this very phrase had bubbled up into his brain. On Wall Street he and a few others — how many? — three hundred, four hundred, five hundred? ...

  US President Barack Obama’s last presidential visit to the UK will be in the eye of storm as he plans to make a strong case against Brexit amid criticism from supporters of the ‘leave EU’ campaign. His visit comes ahead of the June 23 referendum when Britons will be asked if they want to remain in the 28-member EU. ...

  Mark Buchanan Humans have a terrible track record of predicting financial crises in time to fend them off. Some computer scientists think that algorithms might help. Given the right information, some crises can be foreseen. In “The Big Short,” Michael Lewis told the story of the scattered few who saw the imbalance growing in the mortgage market and profited ...