Feature Channels: Economics

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The Haas School of Business at the University of California, Berkeley, today announced the launch of the Berkeley Haas Sustainable Business Research Prize. The prize encourages serious research with timely, real-world business-practice applications among business school faculty around the world related to responsible business, sustainability, and ESG (environmental, social, and governance) issues.

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When firms make their environmental policies public, they can get favorable media coverage only if their narrative carefully articulates signals of conformity (actions aimed at complying with existing norms) and distinctiveness (the adoption of a recognizably uncommon behavior).

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President Biden and House Speaker Kevin McCarthy continue negotiations on raising the United States debt ceiling. More contenders enter the Republican presidential nominee run. Get your expert commentary on Politics here.

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A new report co-authored by George Peridas of the Lawrence Livermore National Laboratory (LLNL) and Benjamin Grove of the Clean Air Task Force examines the economic viability of carbon capture and storage (CCS) projects in California and finds that several classes of projects are viable today.

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Meta, the parent company of Facebook and Instagram, was fined a record 1.2 billion euros ($1.3 billion) and ordered to stop transferring data collected from Facebook users in Europe to the United States. Find the latest research and expert commentary on privacy issues and controversial business practices in the Business Ethics channel.

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University of Notre Dame Finance researcher Zhi Da analyzed how presidential politics affects the performance of individual stocks, especially those that could benefit or be hurt by a president’s policies.

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More than 13,000 students are eligible to cross Cal State Fullerton’s commencement stages May 22-25, including 11,268 undergraduate and 1,827 graduate students. Twelve in-person ceremonies will be held on campus, with nearly 100,000 guests expected to attend over the four days.

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A team of conservationists led by the Wildlife Conservation Society say that providing a “Conservation Basic Income” (CBI) – of $5.50 per day to all residents of protected areas in low- and middle-income countries would cost less than annual subsidies given to fossil fuels.

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Stuart Henderson, director of the U.S. Department of Energy's Thomas Jefferson National Accelerator Facility, has again been named to the Hampton Roads Power List by Inside Business. According to Inside Business, the 2023 list salutes the people who are moving the needle for the Hampton Roads economy.

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New research from Christopher Bechler, assistant professor of marketing in the University of Notre Dame’s Mendoza College of Business, takes a first-time look into how consumers choose between using cash or credit cards, and shows they pay strategically to help them forget about guilty purchases. 

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Prior to Putin’s invasion of Ukraine, Europe sourced a great deal of natural gas from Russia. But as a result of EU sanctions on Russia, this supply is no longer there.

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The SUNY College of Environmental Science and Forestry (ESF) is pleased to announce Upstate 2.0, a partnership between ESF and Cornell University that aims to bolster economic development in upstate New York, has received a $1 million development award from the National Science Foundation’s Regional Innovation Engines.

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Experts from Indiana University are available to comment on trending news topics for the week of May 15, including the national debt ceiling, the end of Title 42, Disney's feud with Florida governor Ron DeSantis, and layoffs in the medical industry.

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While President Joe Biden says that he is confident he can reach a deal with Republicans over the debt ceiling, Treasury Secretary Janet Yellen is warning of “economic chaos” should that not come to fruition. Virginia Tech economist Jadrian Wooten says if a deal is not reached by June 1, the impact on the U.S. and globally would be significant.

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A new study investigates whether COVID-19 lockdowns and vaccines complement or substitute each other, offering insights to policymakers about optimizing public health and economic outcomes.

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Title 42, the United States pandemic rule that had been used to immediately deport hundreds of thousands of migrants who crossed the border illegally over the last three years, has expired. Those migrants will have the opportunity to apply for asylum. President Biden's new rules to replace Title 42 are facing legal challenges. Border crossings have already risen sharply, as many migrants attempt to cross before the measure expires on Thursday night. Some have said they worry about tighter controls and uncertainty ahead. Immigration is once again a major focus of the media as we examine the humanitarian, political, and public health issues migrants must go through.

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The University of Kentucky, as lead organization, together with partners across Kentucky and Tennessee, has been awarded $1 million from the U.S. National Science Foundation’s Regional Innovation Engines, or NSF Engines, program. This team’s proposal, “Advancing carbon centric circular economy technologies for advanced manufacturing solutions (KY, TN),” is led by a coalition named Generate Advanced Manufacturing Excellence for Change (GAME Change).

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A regional collaboration led by Case Western Reserve University has won a $1 million grant from the National Science Foundation (NSF) --the only award in Ohio--to plan economic, environmental and manufacturing growth across the 18-county Northeast Ohio region.

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May is Mental Health Awareness Month. Get your mental health news here.

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As the cost of living continues to spiral, a new report shows more than half of gig economy workers in the UK are paid below the minimum wage.

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Workers of the near future have less to fear from AI than they think if they are open to learning how to use AI as a tool that extends their capabilities. Becoming a proficient user of AI "magic" will be a key skill, according to Digital Science CEO Dr Daniel Hook.

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We all remember 2020. At the grocery store, toilet paper shelves were empty. Cleaning supplies and disinfectants were treasured finds. Rattled consumers, concerned that they would run out of essential items, swiftly stockpiled products until they disappeared from shelves. In the media, it was referred to as “panic buying.”

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The abrupt closing of First Republic Bank stirred fresh anxieties about the security of the banking system, unfolding less than two months after the back-to-back, historically huge failures of Silicon Valley Bank and Signature Bank. This month all 84 branches of the former First Republic Bank opened with a new name after an emergency sale orchestrated by the Federal Deposit Insurance Corporation (FDIC).

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Gentrification doesn’t erase drug crime and gun violence. Instead, research from West Virginia University economist Zachary Porreca shows that when one urban block becomes upwardly mobile, organized criminal activity surges outward to surrounding blocks, escalating the violence in the process.

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Sunshine levels have a significant impact on the bidding behaviour of stock market investors, according to new research from the University of Portsmouth in England, and several Chinese universities.

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Michael Keane, PhD, was recently named the Wm. Polk Carey Distinguished Professor in Business at Johns Hopkins Carey Business School

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A group of University of Arkansas at Little Rock students won a national Real Estate Challenge in Chicago, winning a $5,000 scholarship that will be used to support finance/real estate students at UA Little Rock. UA Little Rock was the Undergraduate Division Winner of the Harold E. Eisenberg Foundation’s Annual Real Estate Challenge, which matches teams from selected universities in a competition focusing on a high-profile development/redevelopment project in the Chicago Metropolitan area.

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Finance professor Albert “Pete” Kyle describes how the SVB-fueled banking crisis has created the conditions for a severe recession rather than the mild recession that Federal Reserve economists have predicted.

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We are forming a panel to discuss misinformation and how it affects media relations. For the last two years, we have been looking at how Newswise can tackle issues around spreading and consuming fake news.

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A financial tool used in the bailout of global banking giant Credit Suisse Group, hybrid securities known as “CoCo” bonds, would not protect taxpayers. Their use should continue to be left to the private sector, instead of being treated as regulatory capital after bank failures in the United States, said a finance professor at the Indiana University Kelley School of Business.