Commerce

Remote jobs can help workers craft more satisfying lives, with higher psychological well-being and work engagement, but only if that work occurs during regularly contracted hours, according to new Cornell University ILR School research. The negative impacts of working at home during off hours were particularly high for women, the researchers found. The COVID-19 pandemic...

Researchers from Temple University, Columbia University, and Baylor University published a new Journal of Marketing article that examines the effectiveness of adopting different choices to guide digital consumer behavior and clarifies the underlying psychological mechanisms. The study, forthcoming in the Journal of Marketing, is titled “Nudging App Adoption: Choice Architecture Facilitates Consumer Uptake of Mobile Apps” and is authored by Crystal Reeck,...

Tufts University researchers have found that dollar stores are now the fastest-growing food retailers in the contiguous United States—and have doubled their share in rural areas. Households with more purchases at dollar stores also tend to be lower-income and headed by people of color. The findings were published January 19 in the American Journal of Public Health. The...

A new digital wage atlas launched by Cornell University researchers shows that more than half of New Yorkers earn below a living wage. The Cornell ILR Wage Atlas is designed to help New York state policymakers, economic development officials, nonprofits, academics and other stakeholders more easily analyze and visualize who earns living wages and where, and which occupations...

In the United States, publicly traded companies are required to report their recent financial performance, whether good or bad, to the public. The accuracy of these reports is critical for investors, analysts and regulators. A new study, conducted at the University of Missouri and Indiana University, suggests that when businesses submit misleading financial statements, it...

New research finds that corporate executives are more likely to increase their profits from insider trading when individual state income taxes go up, presumably because the executives are attempting to offset the increased taxes they will be paying. By the same token, executives are more likely to engage in less profitable insider trading when their...

An IRS audit can be a terminal event for a small business, especially if it’s found to have underpaid its tax liability. Beyond the direct costs of paying owed taxes, audits impose operational costs that may threaten a company’s ability to stay in business, according to a new Texas McCombs study. But the study also...

The U.S. government charged Samuel Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he intentionally deceived customers and investors to enrich himself and others, while playing a central role in the company’s multibillion-dollar collapse. Federal prosecutors said Bankman-Fried devised “a scheme and artifice to defraud” FTX’s...

Sam Bankman-Fried, the former CEO of cryptocurrency platform FTX, orchestrated a years-long fraud by diverting investors’ funds to his private hedge fund and using them to make venture investments, lavish real estate purchases and large political donations, the U.S. Securities and Exchange Commission alleged Tuesday in a complaint. Bankman-Fried was arrested Monday in the Bahamas, where...