Institutions mattered. The post-1945 order gave middle powers three assets: a voice through institutions where even small ...

Think back to middle school algebra, like 2 a + b. Those letters are parameters: Assign them values and you get a result. In math or coding, parameters are used to set limits or determine output. The ...

A former adult film star who beheaded and killed her ex-husband will serve at least 28 years in prison, a Las Vegas judge ...

Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.