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How social structure influences the way people share money

People around the globe often depend on informal financial arrangements, borrowing and lending money through social networks. Understanding this sheds light on local economies and helps fight poverty.

Nobel Prize-winning economist explains how to fix fintech

Financial services, like many institutions, are losing Americans' trust. That's a problem. Economies depend on a healthy financial system, as became painfully evident during the 2008 financial crisis, and that system operates ...

Small firms may offer higher pay due to a lack of market power

Small companies may post higher wages for entry level positions than large companies—potentially attracting better talent, even though the larger companies have more influence on the market, according to new Cornell research.

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Economics & Business
New study reveals how much influence global powers have on the economy
Social Sciences
Could a wealth tax help reduce inequality?
Social Sciences
High pay seen as sign of competence, study suggests
Economics & Business
Why saying you'll 'never retire' may be a warning sign
Economics & Business
Colleges barred from offering money to student-athletes are offering them multimillion-dollar coaches instead
Social Sciences
Study finds solid waste industry focuses more on traditional occupational hazards than social determinants of health
Economics & Business
Firms that withdrew from Russia following Ukraine invasion earn higher consumer sentiment, finds study
Economics & Business
Goodwill created a new high school for dropouts—it led to better jobs and higher wages
Economics & Business
Family-owned businesses hold non-family CEOs more accountable than family CEOs for firm performance
Social Sciences
Study reveals complexities of addressing needs of those in remote-rural areas
Economics & Business
Businesses trying to come clean about their impact on nature can end up concealing more than they reveal
Economics & Business
What is 'dynamic pricing' for concert tickets? It can cost you hundreds of dollars while you queue
Social Sciences
Ads from Hell: How a pizza brand's marketing reveals NZ's shifting religious attitudes
Social Sciences
The work-from-home blues have a secret source: Nostalgia
Social Sciences
The relationship between emotions and economic decision-making differs across countries, multi-national analysis finds
Social Sciences
Aversion to inequality drives support for redistribution policies, study finds
Economics & Business
Older homeowners with spare bedrooms may offer housing crisis fix
Social Sciences
How to fight 'technostress' at work
Economics & Business
Optimism fuels national productivity and innovation
Social Sciences
Immigrants are unsung heroes of global trade and value creation, say economists

Other news

Space Exploration
SpaceX launches rescue mission to return stranded astronauts
Astronomy
Observations explore the nature of transitional millisecond pulsar PSR J1023+0038
Other
Saturday Citations: Octopuses as shift supervisors for fish; universe confounds standard model; extremely old cheese
Earth Sciences
Geologists discover mysterious subduction zone beneath Pacific, reshaping understanding of Earth's interior
Planetary Sciences
Asteroid Ceres is a former ocean world that slowly formed into a giant, murky icy orb
Space Exploration
Fireworks forecast if comet survives risky sun flypast
Earth Sciences
Marine dust identifies 1.5 million year Oldest Ice near South America
Space Exploration
Earth to capture a 'second moon' this weekend, NASA says
Evolution
Seal species carries 'genetic scars' after being hunted to the edge of extinction, new research reveals
Nanophysics
Researchers crack a key problem with sodium-ion batteries for electric vehicles and grid energy storage
Planetary Sciences
Ryugu samples call into question previous ideas about the formation of carbon-rich asteroids
Analytical Chemistry
High-energy-density cubic gauche nitrogen successfully synthesized at atmospheric pressure
Planetary Sciences
Study suggests moon may have been captured from space rather than formed from collision particles
Bio & Medicine
Bioengineers and chemists design fluorescent 3D-printed structures with potential medical applications
Optics & Photonics
Research team succeeds in ultra-fast switching of tiny light sources
Analytical Chemistry
Chemical engineers provide new insights in CO₂ conversion with electricity
Plants & Animals
Forest loss forces langur species to interbreed, study shows
Optics & Photonics
Nonlinear optical metasurface achieves electrically tunable third-harmonic generation
Plants & Animals
Scientists use drones to track white sharks along California beaches
General Physics
From branches to loops: The physics of transport networks in nature

Study finds 94% of business spreadsheets have critical errors

A recent study has found that 94% of spreadsheets used in business decision-making contain errors, posing serious risks for financial losses and operational mistakes. This finding highlights the need for better quality assurance ...

What went wrong in 2022 baby formula crisis?

A critical shortage of powdered infant formula revealed significant challenges in the supply, market competition and regulation of formula in the United States, according to a new report reviewed and co-authored by Cornell ...

What makes a book a bestseller? It's tricky

It is a truth generally acknowledged that authors and publishers want their books to become bestsellers. Bestseller lists, especially those published in prestigious media outlets, such as the New York Times, or publishing ...