New study finds racial wealth gap quadrupled since mid-1980s

The wealth gap between white and African-American families increased more than four times between 1984-2007, and middle-income white households now own far more wealth than high-income African Americans, according to an analysis ...

Rethinking investment risk

Financial innovation is supposed to reduce risk—in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...

Women on company boards face stockmarket prejudice

(PhysOrg.com) -- Companies with female board members fare worse on the stock market, despite performing as well on all other measures as those with all-male boards. This is the finding of a new study by the University of ...

People without cars, financial assets less likely to marry: study

A study published this week in the American Journal of Sociology finds that people who lack personal wealth in the form of a car or financial assets are significantly less likely to enter into a first marriage. The results, ...

Bitcoin crash could derail other cryptocurrencies

A sharp fall in the value of Bitcoin may cause other cryptocurrencies to crash, but is unlikely to have a significant impact on traditional assets, according to new research published in the journal Economics Letters.

US bill would deny visas, freeze assets of hackers

A group of lawmakers proposed legislation Thursday that would deny US entry and freeze the assets of foreign nationals involved in hacking or cybercrimes targeting the United States.

The ongoing war against cybercrime

Cybercrime is estimated to cost the global economy upwards of US$400 billion a year, and these costs are expected to continue to rise.

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