Value-added tax cuts do not increase consumer purchasing power

An empirical study published in the Journal of Political Economy finds that VAT cuts are less likely to be passed on to consumer prices than VAT hikes. Following a temporary VAT cut, prices can even be higher than on onset.

As 2 storms menace Gulf Coast, residents brace for deluge

As two powerful storms menaced the Gulf Coast Monday, forecasters feared Marco would drive sea water onto the shore and unleash torrential rains just two days before Laura lashes the same region with potentially more powerful ...

Are the doors closing on the open office?

As workers return to their offices after the initial phase of lockdowns implemented to stop the spread of coronavirus, there is a new reckoning in the workplace: Will the open office survive?

Hurricane Isaias roars ashore on US East Coast

Hurricane Isaias slammed into North Carolina Monday, bringing life-threatening storm surges, as the entire US eastern seaboard battened down, fearing flash floods and destructive winds.

Concerns over police head injuries

Head injuries may be worryingly common among police officers, according to a new pilot study led by the University of Exeter.

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