Mic Check: Researchers Accuse Kids Of Insider Trading


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Trending In Our News Feeds North Korea warns foreigners to evacuate. North Korea warned foreigners in the South to prepare to evacuate in the likely event of a war on the Korean Peninsula. South Korea claims there has been no unusual military activity to the North and security experts dismiss the warning as bluster. However, North Korea has shut down the industrial complex it shares with the South, the final symbol of peace between the two countries.

Kenya swears in new president amid controversy. Uhuru Kenyatta took the oath of office today on a Bible used by his father, the first president of Kenya. The controversial leader had a difficult path to office – his political opponent took the election results to court, and the ICC accuses him of inciting violence in Kenya’s 2008 elections. The U.S. hopes Kenyatta will prove an ally against militant Islamists in Africa.

Bloomberg to grade Congress on guns. New York City Mayor Michael Bloomberg’s “Mayors Against Illegal Guns” non-profit will release letter grades evaluating members of Congress on gun issues ahead of this week’s important gun control vote. The move was inspired by a similar tactic used by the NRA. The Washington Post profiles the senator who might be gun control’s unlikely savior.

Millennial advocates fight student debt. Student advocacy groups, including our friends at Young Invincibles, are releasing a brief today urging Washington to develop a long-term solution to the student loan crisis. The interest rate on student loans is set to double from 3.4% to 6.8% on July 1. NPR reports that student debt has outstripped car loans and credit cards as the largest source of consumer debt in the U.S.

New software lets professors track student reading. Nine American universities have begun testing software by tech company CourseSmart that allows professors to track students’ reading habits. The software may change how professors engage with students, but also raises privacy concerns. Dean of Texas A&M business school Tracy Hurley said, “It’s Big Brother, sort of, but with a good intent.”

10-Year-Olds Accused of insider trading. Researchers are set to release a report stating that the stock market accounts of children frequently commit insider trading. The researchers tracked 500,000 stock market accounts in Finland over a 15-year period and found that the accounts of children 10-and-under correctly predicted takeover announcements 22% more accurately than the general population. The theory is that insider traders figure they are less likely to be caught if they use their children’s accounts for illegal activity.

Louisville wins NCAA title. The Cardinals took down Michigan by a score of 82-76 to win the national basketball championship. Louisville gave the injured Kevin Ware the honor of cutting down the net after the victory. PolicyMic editor and Kentucky basketball fan Chris Miles said, “The Commonwealth of Kentucky proved yet again that it is the basketball capital of the world. Back-to-back championships for the state are absurdly amazing.” Find out what the win meant for Louisville fans.

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Must Reads From PolicyMic Why Facebook Needs To Lean In and Fix Its Woman Problem (Elizabeth Plank, @feministabulous– Facebook bans pictures of women breastfeeding while allowing content trivializing rape. It's time for the social media giant to take its own advice and lean in.

[25 Mics, 50 Comments, 3410 Shares]

7-Year-Old Runs 69 Yards For An Amazingly Touching Touchdown (Brad Seaman, @wspboston– With the clock winding down in the 4th quarter of the University of Nebraska's Annual Red/White Spring Game, something completely unexpected happened, restoring a little bit of faith in humanity.

[12 Mics, 5 Comments, 165 Shares]

Why Do Most Americans Think Climate Change Isn't a Threat In Their Lifetime (Hannah Kapp-Klote, @hannahkk) – A recent Gallup poll shows just 58% of Americans are worried about climate change. We need more than just awareness of climate change: We need a movement.

[9 Mics, 36 Comments, 4 Shares]

7 Quotes From Prominent Women On the Benefits Of Marrying Late Or Not At All (Jane Reynolds, @JaneBReynolds)–Even though times have changed, society and the media often encourage and celebrate women who marry at a young age. These prominent women, however, tell you why you should wait.

[8 Mics, 0 Comments, 14 Shares]

Business Interests Trump Human Rights Concerns In the Immigration Debate (Zach Anderson, @zanderson14) – Washington has reached an “agreement” on immigration reform, mostly because of renewed interest in guest worker policies. Now, will the legislation serve the greater good?

[6 Mics, 10 Comments, 7 Share]

What We’re SharingWhy you should pity the men on top (NY Times).

You’re not really following Obama on Twitter: The ethics of political tweeting (Atlantic Wire).

And on to polygamy… Analyzing the arguments against gay marriage (Economist).

Work sucks: How the drive for efficiency is creating a harsh American workplace (LA Times).

Why the Ivy League is “more about connecting than learning” (NY Times).

By the numbers: Why we hate airlines (The Week).

The most expensive cities in the world for a cheap date (Zero Hedge).

The architecture of density: Who knew apartment buildings could be so striking (Magical Urbanism).

Hat tip: Martin Mateev

What fuels New Yorkers: From snickers to champagne (NY Times).

Dessert – It’s hell getting old: Life in your early twenties vs. late twenties.

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