At least for now, there is no reason for the traditional meat industry to have much of a beef with producers of plant-based burgers and other meat alternatives, new research suggests. The study showed that while sales and market share of new-generation plant-based meat alternatives have grown in recent years, those gains haven’t translated into...
Although the U.S. Equal Credit Opportunity Act prohibits discrimination in mortgage lending, biases still impact many borrowers. One 2021 Journal of Financial Economics study found that borrowers from minority groups were charged interest rates that were nearly 8 percent higher and were rejected for loans 14 percent more often than those from privileged groups. When these biases bleed...
A new paper in Oxford Open Economics, shows that the US dollar can be considered as a major global factor that investors look at when making their portfolio allocation decisions in stock markets in emerging economies. The global integration of banking and capital markets means that the growing heft of global investors, such as banks, mutual...
Financial markets are more efficient than some speculators may want to believe. When it comes to predicting the performance of markets, everyone wants an edge—an advantage that sets them apart from the competition. Getting such an edge is achievable, but it’s never going to be easy and it will be impossible to maintain over time,...
The movement of high-growth firms that directly contribute to the regional economy may be more complex than previously thought, new research suggests. A case study in Franklin County, Ohio – home to Columbus – found that when growing firms moved within the county, almost equal numbers of them moved downtown or to the suburbs. Most...
New research from NYU Abu Dhabi may offer an explanation to the reasons behind the underrepresentation of women in fields that are perceived to prize raw intellectual talent or “brilliance.” A team of researchers led by NYU Abu Dhabi Assistant Professor of Psychology Andrea Vial, along with colleagues including NYU Professor of Psychology Andrei Cimpian, NYU...
Inflation reminders are everywhere these days. In conversations with friends, on social media, while driving to or past a gas station. And yes, at the grocery store. Nobody likes to pay more for food, that’s clear. But unfortunately, the world has not escaped all of the pandemic-related challenges just yet. And now there’s a war...
Exactly 20 years ago this month, Arthur Andersen — the accounting firm Enron had hired to audit the company’s financial statements — was investigated by the Department of Justice. Arthur Andersen quickly collapsed, and even though most of the firm’s 85,000 partners and staff weren’t directly responsible for what happened, they lost their jobs, their...
There is a scene in Hulu’s new series, “The Dropout,” where Theranos founder Elizabeth Holmes, wearing a white blouse, stands in front of a mirror and practices saying, “This is an inspiring step forward.” With each iteration, her voice deepens. As the world has learned about Theranos’ web of deception – whether through John Carreyrou’s...
The U.S. tech sector is growing 10 times faster and has wages twice as high as the rest of the economy. This industry also wins the race for high profits and stock returns. At the same time, the tech sector’s professional, managerial and executive labor forces are overwhelmingly white and male. It is not surprising,...
