Bill Clinton returned to the United States on August 5 an international hero. Not only had the former President's intervention in Pyongyang, North Korea, saved two hapless American journalists from a miserable fate — 12 years' hard labour in a North Korean prison camp — it had also, on the ...

A number of studies in peer-reviewed journals have looked at the impact of the media on stock markets. The most recent finds that a portfolio of stocks with no media coverage outperforms a portfolio of stocks with high media coverage by 3% annually (after adjusting for market, size, book-to-market, momentum, ...