Summer Jiang is a journalist living in Washington, DC, and an intern at the Washington Monthly.
An online banking application in China has collected more than $66 billion from 81 million customers in less than nine months. The app, Yu’E Bao, which launched last June, gives customers a seven-day annualized return with a high yield of 6 percent, compared to the just 3 percent offered for a one-year deposit at state-controlled […]
In a time of enrollment crunch, universities have a moral and existential obligation to serve the one student population that’s growing. We tracked how good a job they’re doing.
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