Category: Finance

Labeling businesses as Black-owned can significantly boost their sales, we found in a recent study. In June 2020, the business-review website Yelp introduced a feature allowing consumers to search for Black-owned restaurants. As professors who study digitization, inequality and the economics of technology, we were interested in understanding its effect. So we analyzed more than […]

For 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. Since the Black Lives Matter movement launched in 2013, several studies using a range of datasets have all found that Americans’ views of Black people have become […]

Donald Trump’s animosity toward multilateralism and international organizations is well known. Just hours after taking office on Jan 20, 2025, the U.S. president announced his intention to withdraw from the World Health Organization and the Paris agreement on climate change. Could the International Monetary Fund and the World Bank be next? Certainly, supporters of the […]

On Valentine’s Day 2025, heavy rains started to fall in parts of rural Appalachia. Over the course of a few days, residents in eastern Kentucky watched as river levels rose and surpassed flood levels. Emergency teams conducted over 1,000 water rescues. Hundreds, if not thousands of people were displaced from homes, and entire business districts […]

Thoma Bravo, the Chicago-based software investment giant, has successfully closed its debut European-focused fund at €1.8 billion ($1.9 billion), surpassing its initial target of €1.5 billion. The newly launched Thoma Bravo Europe Fund will target mid-market software companies in key European markets, capitalizing on the region’s accelerating digital transformation. The firm highlighted that European software […]

In Texas, where I live, marijuana has long been illegal. Yet on a busy street in my Houston neighborhood, at least five stores within a half-mile of each other sell cannabis products that promise a strong high. Texas isn’t alone. Due to a mix of recent legal changes and an uncertain policy landscape, residents in […]

365 Finance, a London-based SME lender, has secured a £150 million debt facility from Pollen Street Capital, enabling the company to increase its annual lending capacity to over £300 million. This partnership will also enhance 365 Finance’s ability to expand its lending operations to Irish SMEs through a dedicated euro-denominated line of credit. Since its […]

About 19 million children under 5 around the world suffer from severe acute malnutrition every year. This life-threatening condition kills 400,000 of them – that’s one child every 10 seconds. These numbers are staggering, especially because a lifesaving treatment has existed for nearly three decades: “ready-to-use therapeutic food.” Nutriset, a French company, was founded by […]

Whether it’s declaring that blindness prevents government employees from doing their jobs or suggesting that hiring workers with intellectual disabilities contributed to Federal Aviation Administration safety lapses, the Trump administration has repeatedly questioned whether people with disabilities belong in the workplace. This stance reflects widespread stigma and misconceptions about what people with disabilities can and […]

Elon Musk holds an outsized influence in the new Trump administration. As head of his Department of Government Efficiency, or DOGE, the world’s wealthiest man has enjoyed nearly unfettered political power in slashing and refashioning the federal government as he sees fit. And it has quickly become clear that he has the president’s ear on […]