horse racing

In his latest book, Flash Boys, Michael Lewis contends the stock market is "rigged" in favor of institutional investors who buy and sell securities rapidly with computer programs, booking loads of tiny profits. This is at the expense of the individual investor, Lewis claims. Actually, it is the...

Earlier this week, on Election Day, New Yorkers voted in favor of expanding gaming venues in their state – by allowing the construction of up to seven commercially-operated casinos. Gov. Andrew Cuomo supported the amendment as a way to revive New York's faltering economy, and said it will “...