Many banks and brokerage houses were using their own company’s money to invest in derivatives, such as mortgage-backed securities and other complex financial instruments. The eventual collapse of the subprime mortgage market (loans to borrowers with poor credit histories) created a ripple effect that led to the collapse of Bear …

Thousands of bathers in England braved the coronaviruses’ social estrangement on Thursday as they flocked to the coast to enjoy the hottest day of the year in the UK thus far. Police have urged people to stay away from the southern coastal city of Bournemouth, where council leaders have declared …

Florida’s Palm Beach County made face masks mandatory this week amid a surge in coronavirus cases, prompting a furious response from residents, including one who rebuked county commissioners for “practicing the law of the Devil”. The board approved the order, which is in effect indefinitely, with a unanimous vote on …

As coronavirus cases and hospitalizations increase in Texas, one family unexpectedly learned that the COVID-19 crisis can happen to anyone. It all started on May 30 when only an unknowingly infected relative, thinking that a mild cough was the byproduct of working in construction, interacted with seven family members at …

A set of super-Earths has been found orbiting one of our closest stars, scientists say. Planets may be among the best opportunities to find life outside our solar system, say the researchers who discovered them. The system orbits the star Gliese 887, the brightest red dwarf in the sky. That …