Category: Finance

Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had. The rocket and satellite maker raised US$75 billion on […]

Executives are facing pressure from boards, employees, regulators and consumers to either defend or abandon diversity, equity and inclusion initiatives. Many are retreating from their DEI commitments. But in the rush to respond to political headwinds, a more fundamental question is going unasked: Is inclusion a moral imperative? As marketing scholars who study consumer ethics […]

California’s leaders have repeatedly promised to tackle homelessness. “I know homelessness can be solved,” Gov. Gavin Newsom declared in his 2020 state of the state address. “This is our cause. This is our calling.” But six years later, his state is spending just a small sliver of its budget, less than 0.5%, on helping the […]

In 1994, the last time U.S. stadiums hosted the World Cup, an average ticket cost US$58. The most expensive ticket for the final could be grabbed for $475. Adjusted for inflation, that would be $131 and $1,069, respectively, in today’s prices. Fast forward 22 years and things have become a lot pricier. In the tournament […]

Every year, the panel overseeing the trust fund for Social Security and Medicare publishes its annual financial report. And every year, its members make clear that the programs’ reserves will be exhausted by the time Gen X retires – meaning they will no longer be able to pay full scheduled benefits by the mid-2030s. While […]

Sports have been part of America’s big birthday celebrations in Philadelphia dating back to the Centennial Exposition of 1876, which featured an international regatta and helped establish Philadelphia as a global center for rowing. During the bicentennial festivities in 1976, the NHL, NBA and MLB all held their all-star games in Philadelphia, along with the […]

The release of the Jeffrey Epstein files in early 2026 wasn’t just a scandal about one man. It was an unexpected window into the hidden architecture of American corporate power. When the U.S. Department of Justice published more than 3 million pages of documents on Jan. 30, 2026, most of the media focused on the […]

U.S. homebuyers can’t get a break. The 30-year mortgage rate has been stuck at recent highs well above 6% and now averages 6.48%, according to the data released on June 4, 2026, by Freddie Mac, which bundles and sells home loans. That marks another blow for Americans hoping to buy a home or refinance their […]

Colorado’s breathtaking landscapes are increasingly overshadowed by breathtaking bills. Despite a high-growth economy, many households face a concerning paradox. Expenses are rising, but wages have not kept pace. To fill the gap, many families now rely on high-interest credit cards. Credit cards were once for extra purchases. Now, for some people, they are a vital […]

Roughly 20 million Americans live in manufactured houses, which are homes made in factories. Although they’re often called mobile homes or trailers, that’s really a misnomer because their owners can’t easily relocate them. Typically, the people who own them rent the land underneath the houses from the owners of manufactured home parks. Sometimes, an owner […]