The last thing the current U.S. environment of high mortgage rates and inflation needs is a Category 4 storm like Hurricane Ian. Set to cost an estimated $65 billion in damages, 2022’s latest disaster signals how much worse things could get given the current trajectory of climate change.
$13 million. That is how much on average the Met Gala – a fundraising event for the Metropolitan Museum of Art – raises per year. But are the benefits to the Gala truly worth the cost and downsides?
Savings accounts are supposed to improve your financial situation, right? Learn about how health savings accounts may actually be doing the opposite.
The current climate-change crisis demands attention and the public is looking to policy makers to make a move. With a variety of advantages and disadvantages to consider, the debate for policy tools has run long.
Coachella is one of the world’s largest music concerts. After seeing cancellations in 2019 and 2020, the festival will finally be seeing a return in 2022. Check out this article to learn more about the financial and environmental impact Coachella has on the local community.
March Madness, the colloquial name for the NCAA men’s Basketball Tournament, is aptly named for a variety of reasons, whether it be for the nail-biting, heart-attack-inducing-finishes, or the decrease in worker productivity during the tournament season. The NCAA tournament truly induces Madness. However, perhaps the real reason March Madness is an apt name is because of the sports betting that occurs during the tournament season, with an estimated more than $3 billion wagered.
For decades, drug discovery has been known to be an immense investment with low odds of success. The costs of research and development (R&D) alone are notably high, averaging out to be $1.3 billion per drug in the United States. And yet, despite this funding, out of the tens of thousands of drug candidates that seek approval by the FDA each year, generally only 40 to 50 are successful. Life sciences company Schrödinger is attempting to expedite this process.