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.Continue Reading
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.Continue Reading
Duffl’s business model of fast and cheap delivery is aligned seamlessly with the preferences of today’s market and is positioned comfortably in an expanding market segment that is expected to multiply in size in the next few years.Continue Reading
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.Continue Reading
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.Continue Reading
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.Continue Reading
In August 2021, the IMF released $650 billion worth of SDRs to all nations to mitigate the impact of COVID on government balance-sheets. Yet a lack of oversight means free currency was spent indiscriminately.Continue Reading
Is Amazon Mechanical Turk as reliable and trustworthy as it seems? Does it compensate workers fairly? Do requesters get the data they want? Check out this article to learn more about the inner workings of MTurk!Continue Reading
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.Continue Reading
Aimed at enforcing objectifying and streamlining risk assessment processes, AI-based lending systems bring new benefits for both lenders and consumers within the lending market, along with risks and imperfections. This article sets out to explore the mechanism of AI-based underwriting, as well as its future implications.Continue Reading