Wikipedia could have been used as early warning signs of stock market movements, according to a new study published today in Scientific Reports.
Researchers led by Dr Suzy Moat, Senior Research Fellow at Warwick Business School, found that changes in how often financially related pages were viewed on Wikipedia could have been linked to subsequent movements of the Dow Jones Industrial Average.
Their historic analysis detected increases in views of financially related Wikipedia pages before stock market falls.
Can Microsoft really make a ‘U-turn’ on Windows 8?
Several media outlets reported on Tuesday morning that Microsoft was planning large-scale changes to its new Windows 8 operating system, but the software giant will face some notable limitations on what exactly it can do with the software that has so far failed to reverse the slump of slowing PC sales.
WASHINGTON (MarketWatch) — Congress took a step toward ending tax-free shopping on the Internet on Monday, as the Senate passed a bill empowering states to collect sales tax for purchases made online.
But online shoppers won’t have to pay sales tax just yet. The measure — which got 69 yes votes and 27 no votes in the Senate — next goes to the House of Representatives, where anti-tax sentiment among many Republicans may make it more difficult to pass.
“Some have said: ‘Well, it’s a new tax.’ Of course it’s not,” said Tennessee Republican Sen. Lamar Alexander. “This is a tax that everybody owes but only some people pay.”
Opponents claim it amounts to a national Internet sales tax and imposes burdensome compliance costs on small businesses.
“I fear that what we’re going to do is crush a lot of these start-ups,” said Sen. Ron Wyden, an Oregon Democrat.
Returning home may be a route to financial independence
More adult Americans are living with their parents. In fact, there’s even a new TV show about it on ABC, “How to Live With Your Parents.”
There are more adult Americans age 34 or younger sleeping in their childhood bedrooms now than at any other time in the past 30 years, studies show. Nearly one-quarter of those ages 20 to 34 were living at home between 2007 and 2009, up from 17% in 1980, according to a study released last August by Zhenchao Qian of Ohio State University. The rate is closer to one-third for 25- to 34-year-olds, says Kim Parker, the lead researcher on another recent survey, “The Boomerang Generation.”
Some parents are straining under the pressure. Financial advisers say it’s costly to host an adult-child, between $8,000 and $18,000 a year, according to a report in the Wall Street Journal. But it’s a burden more parents are bearing: Some 22.6 million adults aged 18-34 lived at home in 2012, a number that’s jumped 18% in the last decade, the U.S. Census found. The ABC sitcom was based on writer and actress Claudia Lonow’s own experiences of living at home after getting divorced. The TV version features a young woman (played by Sarah Chalke) who moves home with her daughter because of the financial crisis and a recent divorce.