Economy

Women in the UK who use online banking tools are nearly five times as likely to manage their household finances and about twice as likely to have the final say in major financial decisions, compared with women who don't bank online, a new UCL-led study has found. Using nationally representative... Read more

Experiencing a natural disaster in childhood can shape how business leaders approach workplace safety decades later, according to a new Concordia-led study. The study found that CEOs who have lived through events like major earthquakes, floods or hurricanes early in life run firms that prioritize safer workplaces. According to mandatory... Read more

A recent study has shown that self-esteem plays an important part in determining whether someone wishes to pursue a leadership role. The findings have implications for both organizational success and career development, underscoring, as they do, how self-esteem affects personal motivation.... Read more

Everyone recognizes the trope of the stressed-out senior manager who's always close to breaking point. But, in fact, mid-career is one of the most vulnerable periods for burnout and stress in a worker's life. At this stage, many people have extra responsibilities outside work at the same time as their... Read more

When banks crowd a lending market, you can forget the traditional relationship of supply and demand, in which increased supply normally leads to lower prices. So finds new research from Cesare Fracassi, associate professor of finance at Texas McCombs. "Adverse Selection in Corporate Loan Markets" is published in The Journal... Read more

Changes in the development finance world—especially the sharp drop in foreign aid and fewer cheap loans for low-income countries—have pushed taxation back into the spotlight.... Read more

The global economy is bracing for major job disruption as artificial intelligence (AI) advances and spreads across industries. Experts have been warning about this shift for years, and fiercely debating whether the benefits of an AI revolution will outweigh the cost of mass displacement in the workforce.... Read more

Artificial intelligence is changing not only how entrepreneurs run their businesses, but how they think about risk, opportunity and adaptation, according to new research. Researchers found that exposure to digital tools and AI was associated with sharper strategic thinking and greater mental flexibility. Entrepreneurs who understand and actively use AI... Read more

A new study shows that sustainable finance relies on trust, but that trust challenges are increasingly focused on ESG rating providers, creating both a solution to greenwashing and a new regulatory risk. By comparing how the EU and the UK regulate ESG rating firms, the authors find that policymakers use... Read more

Input. Output. Targets met. Value created. Performance delivered. Strip work down to its essentials and for many people, this is what remains: a machine-like focus on producing, performing and optimizing.... Read more

When actors Rob McElhenney and Ryan Reynolds bought a low-level Welsh soccer club in 2021, their goal was not just to save a sports team. In the FX docuseries "Welcome to Wrexham," which chronicles the stars' efforts to revitalize Wrexham AFC, the pair has been explicit about their hopes to... Read more

Smart AI voice concierges are increasingly being deployed for routine tasks once held by hotel front desk staff. From requesting extra towels to asking for a late check-out, many of these common guest inquiries are now being handled by in-room voice AI devices, a kiosk or through the hotel's mobile... Read more

Australia is in a deep housing crisis.... Read more

On-demand delivery services facilitated through online platforms have grown significantly in the past decade, generating work opportunities for independent drivers who can self-schedule their work. In a new study, researchers examined how a new minimum pay requirement for app-based delivery workers in Seattle, Washington, affected workers' earnings and employment.... Read more

Why did the rotisserie chicken cross the aisle—and end up in your shopping cart? Maybe you grabbed the container that was closest to you, or maybe you examined all of the chickens, checking dates and timestamps to see when they were cooked. Markets follow various display strategies for prepared foods,... Read more