Happy Sunday. Welcome to the best of The Conversation.

First, here are some of our just-published stories:

Banks failing. Interest rates rising. Investors scrambling as the U.S. nears a potential default. Finance news, one of my beats, has been dominating the headlines lately, with big stakes for not just the U.S. economy but the rest of the world too.

Why does the U.S. regularly encounter banking turmoil as it saw with the sale of troubled First Republic Bank? As economists Alexandra Digby, Robson Hiroshi Hatsukami Morgan and Dollie Davis write, the bank crisis is a story of risk – or more specifically incentives in the financial system that reward excessive risk-taking. Meanwhile, the Fed raised interest rates again last week, which continues to send ripples throughout the economy and even sustainability-focused investing.

Later this week, we’ll bring you stories about the debt ceiling, clothes moths and the voice inside your head when you’re reading.

Bryan Keogh

Deputy Managing Editor and Senior Editor of Economy and Business

Thousands of cannabis-derived products are now on the market. skodonnell/E+ via Getty Images

Cannabis-derived products like delta-8 THC and delta-10 THC have flooded the US market – two immunologists explain the medicinal benefits and potential risks

Prakash Nagarkatti, University of South Carolina; Mitzi Nagarkatti, University of South Carolina

Researchers are working to determine how and which cannabis products can help those suffering from chronic pain or serious illness. But science is having a hard time keeping up with the booming market.

Editors' picks

Another U.S. bank bit the dust. AaronP/Bauer-Griffin/GC Images via Getty Images

Recent banking crises are rooted in a system that rewards excessive risk-taking – as First Republic’s failure shows

Alexandra Digby, University of Rochester; Dollie Davis, Minerva University; Robson Hiroshi Hatsukami Morgan, Minerva University

The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.

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