Feature Channels: Economics

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May is Mental Health Awareness Month. Get your mental health news here.

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As the cost of living continues to spiral, a new report shows more than half of gig economy workers in the UK are paid below the minimum wage.

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Workers of the near future have less to fear from AI than they think if they are open to learning how to use AI as a tool that extends their capabilities. Becoming a proficient user of AI "magic" will be a key skill, according to Digital Science CEO Dr Daniel Hook.

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We all remember 2020. At the grocery store, toilet paper shelves were empty. Cleaning supplies and disinfectants were treasured finds. Rattled consumers, concerned that they would run out of essential items, swiftly stockpiled products until they disappeared from shelves. In the media, it was referred to as “panic buying.”

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The abrupt closing of First Republic Bank stirred fresh anxieties about the security of the banking system, unfolding less than two months after the back-to-back, historically huge failures of Silicon Valley Bank and Signature Bank. This month all 84 branches of the former First Republic Bank opened with a new name after an emergency sale orchestrated by the Federal Deposit Insurance Corporation (FDIC).

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Gentrification doesn’t erase drug crime and gun violence. Instead, research from West Virginia University economist Zachary Porreca shows that when one urban block becomes upwardly mobile, organized criminal activity surges outward to surrounding blocks, escalating the violence in the process.

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Sunshine levels have a significant impact on the bidding behaviour of stock market investors, according to new research from the University of Portsmouth in England, and several Chinese universities.

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Michael Keane, PhD, was recently named the Wm. Polk Carey Distinguished Professor in Business at Johns Hopkins Carey Business School

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A group of University of Arkansas at Little Rock students won a national Real Estate Challenge in Chicago, winning a $5,000 scholarship that will be used to support finance/real estate students at UA Little Rock. UA Little Rock was the Undergraduate Division Winner of the Harold E. Eisenberg Foundation’s Annual Real Estate Challenge, which matches teams from selected universities in a competition focusing on a high-profile development/redevelopment project in the Chicago Metropolitan area.

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Finance professor Albert “Pete” Kyle describes how the SVB-fueled banking crisis has created the conditions for a severe recession rather than the mild recession that Federal Reserve economists have predicted.

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We are forming a panel to discuss misinformation and how it affects media relations. For the last two years, we have been looking at how Newswise can tackle issues around spreading and consuming fake news.

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A financial tool used in the bailout of global banking giant Credit Suisse Group, hybrid securities known as “CoCo” bonds, would not protect taxpayers. Their use should continue to be left to the private sector, instead of being treated as regulatory capital after bank failures in the United States, said a finance professor at the Indiana University Kelley School of Business.

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Retail investors typically lose with zero-commission complex or multi-leg options, especially around earnings announcements.

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Medicaid benefits were expanded during the COVID-19 pandemic to cover low-income patients without a need for them to prove their eligibility or to reapply. At the end of March, those benefit expansions expired, and states have begun reviewing the Medicaid rolls to remove those who do not qualify, a process that could create new hardships for millions of Americans.

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On May 1, 2023, a set of new, loan-level price adjustment (LLPA) grids for mortgages purchased by Fannie Mae and Freddie Mac mandated by the Federal Housing Finance Agency (FHFA) will go into effect. FHFA’s director stated that the rationale for these changes is “to increase pricing support for purchase borrowers limited by income or by wealth.​”

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The Fletcher School at Tufts University is offering a unique, limited enrollment, online executive education course on climate diplomacy taught by Dean Rachel Kyte, former World Bank special envoy for climate change and leading expert in both climate diplomacy and the economics of climate action.

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The purpose of this award is to recognize innovation and excellence in international trade instruction, curriculum development, research, program development, and/or advocacy of international business issues.

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Land conservation projects do more than preserve open space and natural ecosystems. They can also boost property values for homeowners living nearby. But a new study finds that those financial benefits are unequally distributed among demographic groups in the U.S.The study, by researchers from the University of Rhode Island and University of Illinois Urbana-Champaign, found that new housing wealth associated with land conservation goes disproportionately to people who are wealthy and white.

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Researcher will discuss the study which involved a sleeping aid known as suvorexant that is already approved by the Food and Drug Administration (FDA) for insomnia, hints at the potential of sleep medications to slow or stop the progression of Alzheimer’s disease.

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Research published in Regional Environmental Change has shown that as climate zones shift toward hotter and drier conditions, ecological diversity will decline, posing a major threat to terrestrial ecosystems with far-reaching social and ecological impacts.

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Heatwaves in India are increasing in frequency, intensity and lethality, burdening public health, agriculture, and other socio-economic and cultural systems. A study published in PLOS Climate by Ramit Debnath at University of Cambridge, Cambridge, United Kingdom and colleagues suggests that heatwaves made more likely by climate change may impede India’s progress toward its sustainable development goals.

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Ivory Innovations announced the Top 10 finalists for the 2023 Ivory Prize for Housing Affordability. The prize awards organizations that demonstrate ambitious, feasible and scalable solutions to the housing affordability crisis. The 2023 Ivory Prize winners will be announced on May 24, 2023, at Pacific Coast Builders Conference in Anaheim, California. There will be $300,000 in prize money distributed between at least three winners selected across the three award categories: Construction and Design, Public Policy and Regulatory Reform, and Finance.

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People who experience periods of high inflation are more likely to buy a home, according to a new study from the University of California San Diego’s Rady School of Management.

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Below are some of the latest headlines in the new Avian Flu channel on Newswise.

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A new study led by scientists from the Chinese MARA-CABI Joint Laboratory for Biosafety suggests greater awareness of biopesticide market availability, efficacy and field application processes could help tackle locust outbreaks in China.

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The demand for battery-grade lithium, nickel, cobalt, manganese and platinum will climb steeply as vehicle electrification speeds up and nations work to reduce greenhouse gas emissions through mid-century. This surge in demand will also create a variety of economic and supply-chain problems, according to new Cornell University research published in Nature Communications.

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Oak Ridge National Laboratory researchers have developed an online resource to help consumers understand the electric vehicle tax credits available through the Inflation Reduction Act.

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People around the globe are so dependent on the internet to exercise socio-economic human rights such as education, healthcare, work, and housing that online access must now be considered a basic human right, a new study reveals.