How Trump’s second term might affect the market and your finances
Ever since Donald Trump returned to the White House in January, stock market expectations have been volatile – driven in part by a healthy dose of motivated reasoning.
Women’s annual salaries are narrowing the gap. But men still out-earn women by an average $547 a week
Hyejin Kang/ShutterstockWomen’s annual earnings are closing in on men’s, with the gender pay gap in Australia’s private sector shrinking from 14.5% to 13.6% in the past year.
It’s a steady improvement, down from a 15.4% gap two years ago.
Microsoft cuts data centre plans and hikes prices in push to make users carry AI costs
After a year of shoehorning generative AI into its flagship products, Microsoft is trying to recoup the costs by raising prices, putting ads in products, and cancelling data centre leases.
Trump and Wealth-Price Inflation: Still Running in the Background All the Time
Consumer demand by America’s most affluent citizens is driving consumer spending, and consumer spending, in turn, is the main force keeping inflation so high
Here we are again.
FEDS Paper: CardSim: A Bayesian Simulator for Payment Card Fraud Detection Research
Jeffrey S. AllenPayment fraud has been high in recent years, and as criminals gain access to capability-enhancing generative AI tools, there is a growing need for innovative fraud detection research. However, the pace, diversity, and reproducibility of such research are inhibited by the dearth of publicly available payment transaction data. A few payment simulation methodologies have been developed to help narrow the payment transaction data gap without compromising important data privacy and security expectations.
IFDP Paper: How do Firms in Different Sectors Organize their Supply Chains? Evidence from Transaction-Level Import Data
Sebastian Heise, Justin R. Pierce, Georg Schaur, and Peter K. SchottHeise et al. (2021) develop a model-based empirical measure—sellers per shipment (SPS)—to characterize how firms organize supply chains in response to a quality control problem. High SPS indicates spot-market purchasing with costly inspections, while low SPS suggests long-term relationships where buyers pay an incentive premium to prevent cheating.
More Americans of all political stripes support government benefits for low-income people − and Black Lives Matter could be a big reason why
A protester leads a Black Lives Matter rally in San Francisco on June 3, 2020. Josh Edelson/AFP via Getty ImagesFor all the apparent division over Black Lives Matter, the movement may have had a widespread and positive impact on Americans’ support for policies that help the poor.
Identifying brands as Black-owned can pay off for businesses
Labeling businesses as Black-owned can significantly boost their sales, we found in a recent study.
Identifying brands as Black-owned can pay off for businesses
Labeling businesses as Black-owned can significantly boost their sales, we found in a recent study.
Managers can help their Gen Z employees unlock the power of meaningful work − here’s how
Finding fulfilling and motivating work is a challenge for many people, but it can be especially difficult for those just starting their careers. And as Generation Z professionals – those born between 1997 and 2012 – increasingly seek personalized career paths, managers are tasked with helping employees find meaning in their roles while also meeting organizational goals.
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