Ever wondered how the price of an option can be predicted using waves? Meet the Ivancevic Option Pricing Model, a different take from the classic Black-Scholes model. This model uses complex equations, called adaptive nonlinear Schrödinger equations, to describe waves influenced by stock prices over
Kohl's shares took a big hit, dropping over 20%, after the company's sales plummeted and its CEO suddenly left. The department store, based in Wisconsin, reported that sales in existing stores fell by nearly 10% for the third quarter in a row. This is a tough blow, especially coming just before the
In a heated courtroom exchange, former New York Mayor Rudy Giuliani, now 80, vented his frustrations, admitting he couldn't pay his bills. This dramatic moment happened during a federal court hearing in Manhattan, where Giuliani was dealing with a massive $150 million judgment for defamation. Two Ge
Imagine being a nurse in a place like Türkiye, where earthquakes are common. You're often the first one there when disaster strikes. A recent study found something fascinating: nurses who are really good at recovering from hard times – we call this resilience – handle stress way better and do their
Lyle and Erik Menendez appeared in a recent hearing via audio, as their elderly aunts urged a judge to consider resentencing them for the 1989 murders of their parents. Judge Michael Jesic delayed the decision until January 30, noting he needed more time to review the case files and give the new dis
Kohl’s has a new leader on the way! The company recently announced that Ashley Buchanan, currently the CEO of Michaels Companies, will take over as their CEO in January. Tom Kingsbury, the current CEO, will step down on January 15 but will stay on as an advisor until May. Buchanan has been leading M
This week on NCIS, Jessica Knight made an unexpected friend while solving a case that dug up a long-lost past. Let's break down what happened. The episode started with a robbery at the penthouse of Freddy and Melinda Radmore. At first, it seemed like Freddy was the target because of his government
Lawmakers in the US are raising concerns about Hong Kong becoming a hub for financial crimes like money laundering. They think this change started happening after Beijing introduced a new law in 2020. Now, Hong Kong might be helping countries like Russia, Iran, and North Korea avoid international ru
In the world of college football, records are meant to be broken. On this date in 2011, the University of Illinois set a rather peculiar one. They ended their season with a 27-7 loss to Minnesota, marking their sixth straight defeat. What makes this notable is that they had started the season with s
Lately, certain U. S. politicians are concerned about Hong Kong's changing role in the world of money. They're urging the government to take a closer look at its banking ties with Hong Kong. Ever since the Chinese government tightened their grip with a security law in 2020, Hong Kong has been linked
