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Corporate diversification theory and evidence A recent strand of corporate diversification literature spans at least three generations. The first generat
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The new Fed chairman Jerome Powell faces a new challenge in the form of both core CPI and CPI inflation rate hikes toward 1.8%-2.1% year-over-year with stro
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Snap cannot keep up with the Kardashians because its stock loses market value 7% or $1 billion after Kylie Jenner tweets about her decision to leave Snapcha
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In recent years, higher American economic growth has been impressive both by historical standards and in comparison to the rest of the world. American excep
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In the technological race between the U.S. and China, America leads in some strategic sectors from AI large language models (LLM), graphics processing units
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Several feasible near-term reforms can substantially narrow the scope for global tax avoidance by closing information loopholes. Thomas Pogge and Krishen