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Economy – Articles, Analysis, Opinion

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China and the U.S. compete to be the world’s largest economy, but the dollar dominates the yuan as a currency. peng song/Moment Collection/Getty Images

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency – and be a serious contender against the US dollar

Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
Uber wealthy couples are rather traditional when it comes to who works and who doesn’t. EXTREME-PHOTOGRAPHER/E+ via Getty Images

Most super rich couples have breadwinning husbands and stay-at-home wives, contrasting sharply with everyone else

While most heterosexual couples are dual-earners, super rich couples continue to have gender-traditional arrangements in which the man is the sole breadwinner.
In the absence of legal guidelines, companies need to establish internal processes for responsible use of AI. Oscar Wong/Moment via Getty Images

What is ‘ethical AI’ and how can companies achieve it?

Companies that want to avoid the harms of AI, such as bias or privacy violations, lack clear-cut guidelines on how to act responsibly. That makes internal management and decision-making critical.
Would you decline a free upgrade to first class in order to sit next to a companion in coach? Image Source/DigitalVision Collection/Getty Images

Travelers will refuse an upgrade to sit near a loved one – new research into when people want to share experiences

New research on our desire to create shared memories with the people we care about offers insights for companies that want to improve their customer service.
Many Americans in their early 50s take care of older loved ones. FredFroese/E+ via Getty Imagres

GOP’s proposed expansion of SNAP work requirements targets many low-income people in their early 50s – but many of them already work

Republicans are pressing for policy changes based on a misconception that hardly anyone who gets help buying groceries with Supplemental Nutrition Assistance Program benefits is employed.
Raising kids on a farm, as Kerissa Payne is doing, isn’t simple. Photo courtesy of Kerissa and Charlie Payne

Lack of affordable child care is hurting young farm families’ ability to grow their businesses – the US farm bill may finally offer some help

Access to affordable child care affects farm productivity, safety and ultimately the nation’s food supply. Farm families across the U.S. are struggling without it.
Penny for your thoughts? Randy Faris/The Image Bank via Getty Images

Want more good ideas from your workers? Try giving them a reward – and a choice

A recent study found that offering workers a choice of what type of reward they would like for offering good suggestions increased the volume of submissions and their creativity too.
Speaker Kevin McCarthy got the House to approve a package that could reduce the Medicaid program’s scale. Alex Wong/Getty Images

Medicaid work requirements would leave more low-income people without health insurance – but this policy is unlikely to pass this time around

Adults insured by Medicaid who are 19 to 55 years old and don’t have children or other dependents would need to spend 80 hours a month doing paid work, job training or community service.