Oil falls more than $1 on greater flows despite US-Iran war

We study how residential-commercial zoning affects the allocation of urban space. Using property-level data from Taipei and 34 U.S. metropolitan areas, we infer neighborhood-level zoning wedges from the allocation of residents, workers, and floor space. We find substantially greater dispersion in these wedges in U.S. cities than in Taipei, where mixed-use development is pervasive. The…

Teen Venezuela quake survivor mourns her ’young forever’ friends

The Dow Jones Industrial Average trades near 52,200, up around 250 points, after a session that handed it the month’s cleanest bullish catalyst and then took most of it back. The peace bid carried the index to just short of 52,600 before a semiconductor sell-off with Chinese fingerprints dragged it back to the 52,000 handle,…

Norway currently levies the highest carbon tax rate at €146.23 ($169.71) per ton of carbon emissions, followed by Sweden (€133.17, $154.55) and Switzerland and Liechtenstein (both €129.09, $149.81). The lowest carbon tax rates can be found in Poland (€0.09, $0.11) and Ukraine (€0.59, $0.68). The average carbon tax rate among the 24 European countries was…

Facebook’s CEO Mark Zuckerberg (L) speaks with Microsoft’s CEO Satya Nadella after posing for a family picture with guests who attend the “Tech for Good” Summit at the Elysee Palace in Paris, on May 23, 2018. Charles Platiau | AFP | Getty Images Alphabet had long been Wall Street’s favorite hyperscaler due to its expertise…

Human Development Jul 20, 2026 Kelly Stonelake As the European Union considers how to protect and empower young people in a digital world, it must resist the urge only to enact a ban on social media for young people. A more effective strategy…