Economics & Business
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- Geopolitical shocks are much more likely to trigger price bubbles in the British and European electricity markets than extreme weather events—and they are predictable, new academic research concludes.
- The party tourism industry model promotes and protects extreme predatory behavior, which can lead to sexual and gender-based violence (SGBV), in order to make money, new research says.
- In today's global economy, companies often do business with countries that have different standards, especially regarding what's acceptable, such as acts like bribery.
- Two summers ago, Alida, a retiree from Western Maryland, was buying groceries when her card was declined. On the phone, a bank official explained that $10,000 had suspiciously been deposited into her account under her name, and that it was being closed as a result, she recalled.
- Hearing loss is the most common form of sensory disability. Approximately 1.6 billion people around the world currently live with some degree of hearing loss, and the WHO has forecast that this number will rise to 2.5 billion by 2050.
- According to the World Bank, 1.4 billion people worldwide remain unbanked—with little or no access to credit—largely because they lack the formal credit histories required by traditional lenders.
- Recently, Delta Air Lines announced it would expand its use of artificial intelligence to provide individualized prices to customers. This move sparked concern among flyers and politicians. But Delta isn't the only business interested in using AI this way. Personalized pricing has already spread across a range of industries, from finance to online gaming.
- The willingness of those in power to act fairly depends on how easily others can collectively push back against unfair treatment, psychologists have found.
- A new study examines the heterogeneous labor market effects of family leave policies for single and partnered mothers.
- Too often, it's anti-immigration sentiment dominating headlines in Australia. But a quieter story is going untold. Migrants are not just fitting into Australian society, they're actively reshaping it through entrepreneurship.
- Researchers have demonstrated a new tool to improve the security of small-scale business transactions with the goal of helping ensure that businesses are paid and customers get what they pay for. The tool, which relies on blockchain-powered smart contracts, essentially serves the same function that letters of credit provide for large companies.
- For the past two years, Tesla has been embroiled in a bitter dispute with the Swedish labor union IF Metall. It is of a scale that the union hasn't witnessed since the 1930s.
- In an obvious departure from conventional wisdom regarding tourism, research in the International Journal of Business Innovation and Research shows that domestic travelers in Indonesia prioritize safety over traditional markers of quality, such as service excellence. The study, based on data from 300 tourists across Jakarta, Banten, and West Java, suggests that the post-pandemic traveler is guided less by indulgence and more by psychological comfort and trust in a destination.
- Have you ever started a diet, but failed to lose the desired weight within a specific timeframe? What about struggling to assemble a new piece of furniture you ordered online?
- African governments and development agencies have embraced science, technology and innovation as levers for development over the past two decades. Science, technology and innovation boost productivity, cut transaction costs, open new business opportunities and promote social inclusion. They also help societies tackle grand challenges such as climate change and persistent poverty.
- The rise of social media was quickly followed by the advent of the "influencer"—an online content creator who builds credibility within a specific niche, giving them the power to shape opinions and purchasing decisions.
- Despite progress toward gender equity, many women continue to take on the majority of unpaid labor within their households, including housework and child care.
- Do new laws requiring corporate due diligence in supply chains harm the economy, as some business associations claim? A recent study by researchers at the Universities of Zurich and Glasgow analyzed data from more than 11,000 French companies—and found no long-term economic disadvantages for firms subject to such regulations.
- Two new studies find that leaders are less likely to empower followers who raise concerns about workplace decisions, even though these "challenging voice" employees play a critical role in highlighting problems and identifying solutions. The studies also outline what drives these decisions.
- Fatal school shootings don't just devastate communities emotionally—they also harm their economies, new research shows. People eat out less, avoid public spaces and generally spend less money after a tragedy strikes a local school. This has real economic consequences for neighborhoods that are already reeling.
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