New research from the McCombs School of Business at The University of Texas at Austin offers a more broad-based approach to assessing how large financial institutions would weather crises. The new models, devised by Rui Gao, associate professor, and Stathis Tompaidis, professor — both in the Department of Information, Risk, and Operations Management — rely less on big events and more on multifaceted data. In experimental runs, their test scenarios outperformed a regulator’s existing ones at identifying worst-case losses. “It’s not necessarily the large market moves, the headline days, that are the best days to use,” Tompaidis says. “It’s days where the stresses are complemented with each other.”

The discovery that remote Mediterranean islands were colonised before the invention of agriculture has upended long-standing views about the maritime capabilities of Europe’s last hunter-gatherers.

New evidence from Malta published today (28 July 2026) in PNAS Nexus now shows that these hunter-gatherers were engaging in repeated long-distance sea journeys of at least 100km, likely between Sicily and Malta for at least a millennium.

Supporters of losing parties express more distrust of their fellow citizens after elections than do supporters of winning parties, a new study has found, with voters who more strongly disliked rival parties showing even greater distrust.