BusinessEconomy

Climate Vulnerability Undervalued in Stock Markets, Research Reveals

Companies highly sensitive to temperature changes consistently underperform despite inflated stock prices, according to new financial research. A 52-year analysis reveals investors systematically underestimate climate-related financial risks, creating market inefficiencies.

Temperature Sensitivity Impacts Stock Performance

Firms with higher sensitivity to temperature fluctuations deliver significantly lower stock returns while remaining consistently overvalued, according to a comprehensive new study published in Management Science. The research analyzed over five decades of U.S. stock market data, revealing systematic mispricing of climate-related risks in financial markets.

EconomyPolicy

Trump Administration Reaches Agreement to Expedite Student Debt Relief Processing

The Trump administration has reached a significant agreement with the American Federation of Teachers to accelerate student loan forgiveness processing. This move comes as borrowers face a looming 2025 deadline that could trigger substantial tax bills on discharged debt.

Agreement Reached on Student Loan Forgiveness Processing

The Trump administration has reached an agreement with the American Federation of Teachers to process more student-loan forgiveness applications, according to reports. The Department of Education under President Donald Trump agreed to continue processing relief for borrowers who have reached payment thresholds on various income-driven repayment plans.