In the short term, the war is causing energy prices to soar and prompting fears of famine in some countries. In the long term, it could remake the modern global supply chain.
Price shocks are a feature of the global oil market, not a bug – and even when governments take many steps to grow supply or reduce demand, it can be years before prices ease.
The world’s largest energy companies are used to doing business in risky places with difficult partners. But with war in Ukraine, preserving their reputations outweighs profits.
Most tech sector firms are stuck in a low- inclusion rut, and a disturbing set of firms are moving backward. A handful of firms, however, demonstrate that diversity now is possible.
Housing affordability has been an important public policy issue since the onset of the pandemic. Economist Emily Hamilton explains the research on some popular affordable housing policies.
By working with allies, the Biden administration has been able to place severe sanctions on Russia – including targeting Putin’s inner circle and banning banks from SWIFT.
A study of 3,000 companies found a correlation between local ‘social capital’ – which measures such variables as voter turnout and census response rates – and more women on corporate boards.
Matthew E. Kahn, USC Dornsife College of Letters, Arts and Sciences
Human behaviors shift. Policies change. New technology arrives and evolves. All those changes and more are hard to predict, and they affect tomorrow’s costs.
As the wireless telecommunications companies ramp up their 5G rollouts, they are beginning to pull the plug on their 3G networks. 2022 is the end of the line for the venerable cellphone service.
A bipartisan group of US lawmakers is pushing for a ban on active trading by members of Congress following accusations that some of their colleagues may have engaged in insider trading.
As temperatures warm, ski and snowboard resorts are investing more in snowmaking and seeing their seasons shrink. Those costs roll down to customers in an already expensive sport.
New research shows women paid an average of $18 less per flight than men in the same position at the same company, mainly because they consistently booked earlier.