Category: Finance

Millie Morales believes in hard work. “I feel that as an American citizen, we all have a great opportunity to be able to improve our life,” the 58-year-old woman explained in an interview I conducted with her in 2025. “Are you willing to put in the work, or are you not?” Morales, whose name I […]

U.S. companies stung by President Donald Trump’s emergency tariffs had hoped for relief when the U.S. Supreme Court ruled in February 2026 in their favor. But settling on a remedy – namely, rebate checks from the government – may be an even bigger headache. Fresh wrinkles are prompting businesses to take different routes as they […]

The organizers of the estimated 3,000 “No Kings” protests, rallies and other events planned for March 28, 2026, say they expect that the protests will be the largest such mass mobilization in U.S. history. As scholars of peace studies and social movements, we investigate how ordinary people press their governments to change their policies. An […]

There’s a well-worn debate in U.S. politics that goes something like this: Would you rather have abundant and affordable energy or a clean, healthy planet where wildlife can flourish? It sounds like an either/or choice, but it doesn’t have to be. Many corporate leaders, including those I’ve worked with, know that wildlife conservation can also […]

A story has been going around about artificial intelligence for the past decade: At some point, AI advances, robots and self-driving cars will throw countless people out of work. The rich folks who control AI companies will get richer. Most other people’s fortunes will decline as their skills lose value and they fail to get […]

Since President Donald Trump named Kevin Warsh as his choice for Federal Reserve chair on Jan. 30, 2026, financial markets have focused on one question: Is he still the inflation hawk he once was, or is he now more comfortable with the lower interest rates that the president has long demanded? We have a different […]

Though prediction markets have been legal in the U.S. for less than 18 months, they can’t stop making news and making money. On prediction markets such as Kalshi and Polymarket, users can stake real money on just about anything, from the winner of the 2028 U.S. presidential election to when Taylor Swift will get married. […]

When the NFL draft comes to town, the host city’s hotels, bars and restaurants fill, while its downtown gets three days of national exposure. Detroit’s 2024 draft drew more than 775,000 fans and generated a reported US$214 million in economic impact, including $161 million in visitor spending, according to The Associated Press. Visitor spending is […]

When Michael Jackson died in 2009,his fairly straightforward 5-page will left everything he owned to a family trust – an estate planning technique for giving away property that allows for privacy. The trust benefits Jackson’s three children and his mother, but nearly two decades later, Jackson’s estate, now worth an estimated US$2 billion, still hasn’t […]

Can giving homeless people US$750 a month to use any way they choose help them move into long-term housing? I am the director of the University of Southern California Homelessness Policy Research Institute. My research team, in partnership with Miracle Messages, a San Francisco social services nonprofit, set out to answer that question in a […]