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The Economist digs deep into the political economy of U.S. government shutdown over 3 days in January 2018. In more than 4 years since 2014, U.S. government

Government intervention remains a major influence over global trade, finance, and technology. Nowadays, many governments tend to eschew common ownership

McKinsey Global Institute analyzes 315 U.S. cities and 3,000 counties in terms of how tech automation affects their workers in the next 5 to 10 years. This

Corporate cash management The empirical corporate finance literature suggests four primary motives for firms to hold cash. These motives include the tra

With the current interest rate hike, large banks and insurance companies are likely to benefit from higher equity risk premiums and interest rate spreads.

Uniform field theory of corporate finance While the agency and precautionary-motive stories are complementary, these stories can be nested as special cas