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Economics & Business news

Why small businesses get more love online: Empathy shapes customer reviews
Consumers often turn to online reviews to decide where to shop, eat or book services, but a new Tulane University study finds that star ratings might be influenced by something other than product quality—the size of the ...
Economics & Business
20 hours ago
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NSW is again cleaning up after major floods: Are we veering towards the collapse of insurability?
Once again, large parts of New South Wales have been devastated by floods. It's estimated 10,000 homes and businesses may have been damaged or destroyed and the Insurance Council of Australia reports more than 6,000 insurance ...
Economics & Business
May 30, 2025
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Opening 'off-price' stores can increase online shopping for high-end retailers
A new study finds that when high-end retailers open "off-price" stores, which sell less expensive merchandise, it reduces customer spending at their flagship "full-line" stores—but increases customer spending at their online ...
Economics & Business
May 30, 2025
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Simple storytelling boosts financial literacy, study finds
A program that taught basic financial concepts through two-minute stories improved adults' financial knowledge, showing promise as an easy-to-implement real-world tool.
Social Sciences
May 30, 2025
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Boardroom battles: How corporate coalitions influence firms' resource allocation
Once organizations achieve their profitability and market performance targets, they often focus on additional goals. However, these goals do not always align and can sometimes conflict. For example, prioritizing shareholder ...
Economics & Business
May 30, 2025
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How online shipping rates can lead to increased in-person sales
When it comes to e-commerce, there is no overselling the importance of shipping fees when it comes to driving and dissuading transactions. After all, the No. 1 reason that users subscribe to Amazon Prime is for free shipping, ...
Economics & Business
May 30, 2025
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Beyond the backlash: What evidence shows about the economic impact of DEI
Few issues in the U.S. today are as controversial as diversity, equity and inclusion—commonly referred to as DEI.
Economics & Business
May 29, 2025
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How social media influencers impact FOMO in young consumers
Young consumers who shop online and have FOMO (fear of missing out) tend to feel lower levels of social, psychological and financial well-being, a new study finds—but there's one important caveat.
Social Sciences
May 29, 2025
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Poorly paid jobs may push more workers to choose unemployment benefits
You have probably heard people say that "it should be worth our time to work." This is true even in Norway, where we like to believe that we also take care of people who have ended up outside the workforce, whether involuntarily ...
Social Sciences
May 29, 2025
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Behind the wellness industry's scented oils and soothing music are often underpaid, exploited workers
Wellness tourism is booming. Think yoga retreats in Bali, digital detox weekends in a rainforest, or a break on a luxury island to "find yourself."
Economics & Business
May 29, 2025
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Anxious over AI? One way to cope is by building your uniquely human skills
We live in a time of growing anxiety and fear, where the disruptive forces of artificial intelligence (AI), automation, Big Data, virtual reality and augmented reality loom ominously over people's lives.
Social Sciences
May 29, 2025
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Paper directory boosts usefulness of mobile phones, bottom lines, in rural Africa
Cornell University-led research published in The Economic Journal shows that introducing paper business telephone directories—similar to the Yellow Pages—in Tanzania boosted sales revenue by 104% for listed businesses ...
Economics & Business
May 29, 2025
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Income inequality undermines support for higher minimum wages, study finds
High levels of income inequality weaken support for raising the minimum wage, which in turn could further worsen income inequality as people believe this is the way things should be, according to research published in the ...
Social Sciences
May 29, 2025
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Some bosses benefit from belittling employees
Supervisors yell to boost employee performance, reinforce status as "the boss." They don't feel bad about it.
Economics & Business
May 29, 2025
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Unmasking big tobacco's youth marketing playbook
World No Tobacco Day, recognized annually on May 31 and led by the World Health Organization, is a global health campaign created to raise awareness about the harmful effects of tobacco use and advocate for effective policies ...
Economics & Business
May 29, 2025
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In the workplace, relationships equal reality
Most managers measure success in outputs: bottom lines, quarterly gains, performance metrics, and incentives. But the forces that shape those outcomes are often invisible—rooted in relationships, communication, and how ...
Social Sciences
May 29, 2025
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Study reveals key to increasing Black women tech founders: Startup employment
A groundbreaking new study published in the Strategic Management Journal uncovers a powerful and practical strategy to address the longstanding underrepresentation of Black women in the tech startup world: working at startups ...
Economics & Business
May 29, 2025
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Study suggests that to avoid weight stigma, food industry messaging should take cues from anti-tobacco success
Researchers have proposed transforming the narrative around ultra-processed foods by mirroring the strategies that have successfully reshaped public perceptions of tobacco. The work is published in the journal Obesity.
Economics & Business
May 28, 2025
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New research reveals unexpected benefit of tariffs—managers make better investment decisions
New research from the University of Bath has identified an unexpected side-effect of the imposition of trade tariffs—they focus cash-strapped managers' minds on efficiency and improve their investment decisions.
Economics & Business
May 28, 2025
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Banks using AI are better at identifying creditworthy borrowers from afar, new study finds
Artificial intelligence could be a game changer for small businesses struggling to secure loans—even in areas without access to a brick-and-mortar bank branch—according to a new study from the University of Missouri.
Economics & Business
May 28, 2025
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