Turkey should be a country with a strongly developing economy. However, the recent Turkish lira crisis indicates the opposite. This article will explore some of the contributing factors behind the lira’s sudden depreciation and the possible effects of the crisis on Erdoğan’s Turkey.
The sudden rise of popularity of online game Wordle has caught the attention of big media companies, such as The New York Times, who recently acquired the word guessing game. Community columnist Jacqueline Yipp explores the positives and negatives of the acquisition, along with the general public’s feedback on the subject.
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.
From Trader Joe’s to Cargill, many of America’s most popular and lucrative companies are not available for retail investors to purchase. What does it say about the stock market that the vast majority of companies in America are privately held? In this short article, Senior Investing Columnist Abby Copeland will explain why many top businesses are privately held and the advantages and disadvantages that non-public companies hold.
Are we going to have fully autonomous shopping experiences in the future? Will we never have to stand in line again? Are we going to lose jobs because of this advancement in technology? Check out this article to learn more about the implications of Amazon’s automatic checkout technology has on other industries as well as the labor market.