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August 29th, 2014 | 3:21 AM

Volcanoes in Iceland and Papua New Guinea are erupting. Due to the lack of volcanic ash, Iceland’s authorities have reopened airspace over the volcano Bárðarbunga, which had been closed after a fissure eruption began just after midnight. Iceland’s last volcanic eruption cost the global economy $5 billion after tens of thousands of global flights a day were cancelled. However, airspace near Papua New Guinea has been disrupted as Mount Tavurvur erupted earlier this morning, spewing ash as high as 60,000 feet (18 kilometers) and causing Qantas Airways to divert three flights.

August 28th, 2014 | 11:29 PM

Abenomics takes a hit. Japan’s inflation rate held steady in July, household consumption dropped 5.9% for the month from the previous year, almost twice the expected loss, and the jobless rate unexpectedly spiked. The recovery in Japan’s job market may have run its course (paywall).

August 27th, 2014 | 8:14 AM
Chart of the Moment

Cities like Ferguson are wringing revenue from black people and the poor

August 28th, 2014 | 8:11 PM

Nearly 8% of Ebola deaths are amongst health workers. Since the start of the Ebola epidemic in West Africa, 240 health workers have contracted the virus and 120 have died from it. The victims include five of the authors of a genetics study of the virus that was published today in Science. According to the World Health Organization, 1,552 people have died of Ebola since July.

August 28th, 2014 | 6:37 PM

Get ready for a bumper harvest. After interviewing locals, measuring ears, and counting bean pods in the rural US midwest, “crop tourists”—it’s a thing (paywall)—have forecast record yields this year for corn and soybeans. The plentiful harvest should help ease grain prices and restock other agricultural markets that aren’t experiencing optimal weather.

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