Category: Finance

Neighborhood investments meant to improve housing and opportunity often spark fears of gentrification and displacement. That worry is playing out in Pittsburgh’s Hazelwood neighborhood, where a stalled Second Avenue housing project sits blocks from the 178-acre Hazelwood Green riverfront development. Hazelwood is a natural experiment that answers the question: Can development happen without displacement? Residents […]

Americans are crazy about sports. But whether that passion requires taxpayers to subsidize new facilities every time leagues and franchises ask for them needs rigorous scrutiny. A lot of money is at stake. For 2025, the NFL reported some US$14.5 billion in revenue, while the MLB collected an estimated $12.2 billion and the NBA earned […]

If you think your energy costs are high now, the situation may be about to get a whole lot worse. With traffic in the Strait of Hormuz – normally the primary route for oil leaving the Middle East – hovering below 15% of prewar levels, oil prices have increased from US$65 a barrel before the […]

Who gets to decide the future of the living memorial to former President John F. Kennedy, and who holds those decision-makers to account? This debate is becoming ever more fraught. A photo taken on Sept. 16, 2026, showed President Donald J. Trump in Air Force One reviewing a poster with the words “Kennedy Center DEMOLISH […]

For all the talk about generational differences at work, some of the biggest differences show up in surprisingly ordinary moments. Take being late for work. A Gen Z employee in her 20s I spoke with works at a small, locally owned café and restaurant run by an older Gen X owner. When she realized she […]

The crypto industry has just suffered a paradoxical defeat: Its biggest backer, President Donald Trump, inadvertently helped scuttle chances for a major legislative win thanks to revelations of the riches he and his family have made off of their crypto ventures. The industry is now scrambling to advance its agenda through crypto-friendly regulation instead of […]

Gambling has exploded in the United States. American casinos and sportsbooks earned US$79 billion in 2025, up nearly 20% from the $66.5 billion just two years earlier. That doesn’t include the enormous sums earned by prediction market companies, which are technically not considered gambling but instead help forecast future events. Regrettably, but not unexpectedly, the […]

Diesel fuel powers long-distance trucks, freight locomotives, boats and barges, farm machinery, construction and mining equipment, and backup generators. Its concentrated energy powers efficient engines that can haul heavy loads and refuel machines quickly. Those are all excellent attributes for long periods of heavy work on the move or in locations not connected to the […]

Workers in sales might roll their eyes when they deal with a micromanaging boss. But many customers actually appreciate it if a store manager offers to help when they’re mulling over a purchase, whether it’s a dishwasher, a tablet or a lawnmower. That’s the main finding of a new study I co-authored. As a scholar […]

More than six years after the COVID-19 pandemic began, over 1 in 5 of the U.S. workers who can work remotely do so either full time or at least one day per week. Even though a new normal has set in, no single approach has worked for all employees. And the debate over the benefits […]