Not all banking crises involve panics: study

A banking crisis is often seen as a self-fulfilling prophecy: The expectation of bank failure makes it happen. Picture people lining up to withdraw their money during the Great Depression or customers making a run on Britain's ...

To reopen cities during pandemic, focus on neighborhoods

With unemployment rising to its highest rate since the Great Depression and labor participation plummeting, many local government leaders in the United States have taken steps to reopen their cities—worrying not only about ...

U.S. layoffs surged to record high of 11.4 million in March

U.S. layoffs soared in March to a record 11.4 million after state and local governments closed restaurants, bars, movie theaters and other nonessential businesses in response to the intensifying viral outbreak.

Global database for water-use efficiency

By examining the carbon isotope composition of tree-rings, researchers from Swinburne and the University of California, Davis have compiled the first comprehensive global database for water-use efficiency.

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