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IRS granted tax-exempt status to extremists, including an Oath Keepers foundation – here’s why that’s not as surprising as it sounds

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When someone mentions nonprofits, chances are you picture homeless shelters, free medical clinics, museums and other groups that you believe are doing good one...
Money

COVID-19’s total cost to the economy in US will reach $14 trillion by end of 2023 – new research

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The Research Brief is a short take about interesting academic work. The economic toll of the COVID-19 pandemic in the U.S. will reach US$14...
Money

A brief history of debt ceiling crises and the political chaos they’ve unleashed

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There have been numerous fiscal crises in the United States where Congress has either failed to pass a budget on time or there were...
Money

Federal money is coming to fix aging flood control systems – but plans all too often reflect historical patterns and not future risks

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Heavy downpours and a thick snowpack in the Western mountains and Upper Midwest have put communities in several states at risk of flooding this...
Money

What is insider trading? Two finance experts explain why it matters to everyone

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Insider trading is the term used to describe the illegal act in which someone relies on market-moving, nonpublic information to decide whether to buy...
Money

Prom price index shows cost of celebration is getting relatively cheaper – even at a time of high inflation

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Going to the prom can be an expensive affair for cash-strapped teenagers. Past estimates and surveys put the average cost anywhere from US$600 to...
Money

Small businesses seek to avoid possible credit crunch as Federal Reserve prepares to raise rates once more

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Small businesses – the heartbeat of the U.S. economy – are beginning to feel the pinch of tighter credit conditions as the Federal Reserve...
Money

Twitter played a role in the collapse of Silicon Valley Bank – new research

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The Research Brief is a short take about interesting academic work. Prior to Silicon Valley Bank’s March 10, 2023, collapse, conversations on Twitter among...
Money

Yellen puts Congress on notice over impending debt default date: 5 essential reads on what’s at stake

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Lawmakers have been given notice of a new deadline if they are to avoid a damaging default on U.S. debt: June 1, 2023. If...
Money

SNAP work requirements don’t actually get more people working – but they do drastically limit the availability of food aid

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The House of Representatives has passed a bill that would cut spending, in part by expanding work requirements for the Supplemental Nutrition Assistance Program,...
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