The rise of deal collectives that punish profits

Researchers from the University of San Diego and University of Arizona published a new paper in the Journal of Marketing, which examines the rise of deal collectives that exploit ill-designed deals that give away more than ...

When should banks chase debts? New method could help them decide

Like Kenny Rogers' gambler, who has to "know when to hold 'em, know when to fold 'em," banks face financial risks and uncertainty when deciding when to chase consumers who default on their credit card payments and when to ...

Credit counseling may help reduce consumer debt

By the end of fourth quarter 2018, total household debt in the United States reached a new high of $13.54 trillion. A new Economic Inquiry study found that nonprofit credit counseling—which reaches millions of consumers ...

Apple's star designer Jony Ive to set up own firm

Apple's longtime design chief Jony Ive, who played a key role in the development of the iPhone and other iconic products, is leaving the tech giant to set up his own firm, Apple said Thursday.

Earned income tax credit helps low-income moms live on their own

Increasing the earned income tax credit helps low-income single mothers improve their housing outcomes as they are less likely to live in crowded households and more likely to live independently, according to a University ...

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