PHOTO: ALAMY
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The Wall Street Journal analyzed the finances of 50 major U.S. public universities. What trend did they find over the past two decades?
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Under a recently negotiated agreement, which country is set to gain eventual access to $6 billion of oil revenue and the release of jailed nationals, in exchange for the release of five Americans?
The deal involves releasing five detained Americans from Iran in exchange for Iranians held in the U.S. and granting access to around $6 billion of Iranian oil revenue. These funds are earmarked for humanitarian purposes like food and medicine, but concerns remain about potential misuse for military or extremist activities in the Middle East.
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Following the easing of Covid-19 restrictions, which unusual economic condition has China experienced, in striking contrast with most countries worldwide grappling with inflationary pressures?
China's consumer prices fell into deflationary territory in July for the first time in two years. This deflation is a result of a range of factors including a drop in exports, record high youth unemployment, and a downturn in the housing market. This is in stark contrast to most of the world, where easing of Covid-19 restrictions has led to inflation. The deflation could potentially exacerbate debt burdens and decrease spending and investment.
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The Earth BioGenome Project's (E.B.P.) is an ongoing scientific mission described as a "moonshot for biology," and is projected to cost billions of dollars. What is its goal?
The data gathered from the Earth BioGenome Project (E.B.P.) could help us understand the origins of life, develop new foods and medicines, and even save species from extinction. In a decade, the hope is to have sequenced 1.9 million species that have been documented (some estimates say over 80% are undiscovered). E.B.P doesn’t have direct funding and relies on volunteers.
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The Supreme Court has agreed to review the bankruptcy of Purdue Pharma, delaying the settlement and compensation for victims of the opioid crisis. What is the Justice Department’s main issue with the settlement?
The Justice Department opposes the settlement as it shields the Sackler family, Purdue Pharma's owners, from future opioid lawsuits. Such protections are usually for financially struggling debtors, not wealthy individuals or corporations. This raises worries about a potential precedent of exploiting bankruptcy to avoid liability.
