Mariusz Bugno/ShutterstockAs instability in the Strait of Hormuz disrupts shipping, public discussion tends to focus on fuel prices and supplies. Less attention is paid to the people working on the ships.
Statement from the Bank of England
A new health-care reform agenda puts antitrust at the center, targeting the conglomerates that dominate insurance, pharmacies, and providers. But breaking up Big Medicine leaves deeper problems intact, from profit-driven denial and risk selection to the administrative costs of a fragmented system.
In a Nutshell
New Africa/ShutterstockRenting clothing used to be restricted to a wedding suit or prom dress, but the options are growing and becoming more popular.
Around 10% of the UK economy operates off the books. That means billions of pounds worth of cash-in-hand payments that never get taxed.
But all of that cash isn’t necessarily being handled by career criminals. Much of it is being earned by the hard work of painters and decorators, hairdressers or landscape gardeners.
Kevin Warsh’s call for fresh thinking at the Fed runs up against a deeper problem. The tools and concepts guiding monetary policy may no longer fit an economy reshaped by AI, shifting prices, and the fading power of interest rates.
Women have made big strides in terms of being represented on corporate boards, both in terms of numbers and the prestige of their positions. But this prestige — and the greater visibility it brings — isn’t necessarily helping women advance. It might even be an obstacle in the long run.
Parradee Kietsirikul/Getty ImagesUS regulators are grappling with a controversial new frontier in online shopping: companies using our personal data to work out how much each of us is willing to pay.
Ryan Kim, Bin Ni, Hyunseung Oh, and Choongryul YangWe study an income-account channel of exchange-rate transmission using matched data on Japanese multinational parents and their foreign affiliates.
Erin Troland, Isabella Agnes, Jessica Liu, Fatimah Shalaan, Michelle Tran, and Douglas WebberIn the pandemic era, people moved from high-density, expensive areas to more affordable areas, putting upward pressure on local housing prices. We examine the geographic distribution of rent growth during this time and its effects on renters.
