How foreign purchases of U.S. homes impact prices and supply

Housing markets are preferred destinations for foreign investors looking for yields, vacation homes or safe havens, or for those dodging tax restraints and corruption crackdowns in their home countries. But demand for U.S. ...

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.

A 40-year journey leads to a new truffle species

As a first-year graduate student studying truffle ecology at Oregon State University, Dan Luoma attended a scientific meeting in 1981 on Orcas Island in Washington. Having recently learned how to search for truffles, he went ...

Climate change to steepen food prices

Food prices could increase while farmers are paid less for their produce as climate shocks deepen problems in Sub-Saharan Africa's struggling food systems, an agricultural researcher says.

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