A 30 percent chance of rain—or climate change disaster, or sports win—means different things to people if it’s down from 35 percent or up from 25.
Value Blog
How Changing Predictions Affect Our Decision-Making
Brexit: UK becomes king of the jungle for America’s conservatives
Fear, Loathing and a Brutal Murder: How the Brexit Vote Unfolded
The experts were wrong again. Even on the day of the referendum, traders and oddsmakers, pollsters and professors were forecasting a vote to remain in the European Union.
In the wake of a stunning decision to leave the 28-nation bloc, the nation is left divided in a way not seen since the 1980s. What was a very British question over a lukewarm relationship with Europe turned into accusations of lying, evocations of Hitler and rather un-British slurs. The government -- whatever its complexion -- will now have to nurse those wounds.
Higher Education’s Accreditation Problem
The Department of Education just recommended that the country’s largest nationally recognized accreditation agency lose its status.
On Wednesday, the United States Department of Education (DOE) officially recommended that the Accrediting Council for Independent Colleges and Schools, the largest nationally recognized accreditation agency in the country, lose its status as a DOE-recognized institution.
Who’s Afraid of Frankenfish?
The Food and Drug Administration has approved genetically modified salmon — but the public is still hopelessly confused about the purported risks of GMOs.
Microsoft to buy LinkedIn for $26.2 billion
Microsoft announced a $26.2 billion deal on Monday to acquire professional social platform LinkedIn for $196 per share.
Shares of LinkedIn surged 47 percent after the announcement to near $193, while Microsoft's stock was down 3.2 percent. Trading in Microsoft had been halted briefly for news pending before the announcement of the all-cash deal.