Jul 1, 2017

These are the world's most emotional countries

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Australian stock market hits record high despite deadly wildfires

Photo: Lisa Maree Williams/Getty Images

Facing unprecedented wildfires that have claimed at least 27 lives, destroyed more than 2,000 homes, and scorched much of the country's southeast, Australia's stock market has somehow been one of the world's top performers, and touched a record high today.

By the numbers: The benchmark S&P/ASX 200 index rallied nearly 1% to close at 6929, surpassing the previous intraday record high.

Go deeperArrowJan 10, 2020

Why it was so hard for investors to lose money in 2019

Illustration: Aïda Amer/Axios

2019 was the rare year when the simple investing strategy of targeting almost anything would have worked, the New York Times notes.

What happened: A series of interest rate cuts this year from the Federal Reserve — the first since the Great Recession — juiced the markets, making it a great time for investors.

Go deeperArrowDec 31, 2019

Study: Climate change effects apparent in daily global weather data

Concrete blocks are placed along the shoreline to try and prevent further coastal erosion, on December 2019 in Mahibadhoo, Maldives.

The imprint of climate change is now apparent in global weather data at a daily level, according to a new paper in the peer-reviewed journal Nature Climate Change.

Why it matters: "If verified by subsequent work, the findings ... would upend the long-established narrative that daily weather is distinct from long-term climate change," the Washington Post reports.

Go deeperArrowJan 3, 2020