Severe thunderstorms, floods and wildfires are the main drivers behind this year’s loss estimate, the reinsurer said in a report on Tuesday. The figure is based on a long-term growth trend of 5% to 7% ...

U.S. job openings fell last month to the lowest since September, indicating weaker labor demand amid increased economic uncertainty.

The best way to understand Harvard’s puzzling choices, and similar choices before Yale University and other schools with smaller endowments is to think of the situation as a variant of the oil curse.