Two ways ahead: US economy balances on the tightrope of recession

Have you been hearing lots of chatter about the economy and a potential recession? Well, here's the lowdown.

Will AI robots take middle-class jobs?

Our newsfeeds are filled with talk about the rapid rise of artificial intelligence (AI) in software such as ChatGPT and Stable Diffusion, which can...

Can movie reviews really predict box office success? Not necessarily

A recent study reveals that the impact of movie reviews on box office performance is more nuanced than previously thought.

Most super-rich couples have breadwinning husbands and stay-at-home wives

Men are the sole breadwinners in over half of super-rich heterosexual couples—defined as those in the top 1% of households—while the women are not...

Even lawyers don’t like legalese. They prefer plain English too!

Legal documents are notorious for being difficult to understand, causing frustration for anyone who has encountered them. Surprisingly, a recent study from MIT reveals that...

Three things to know about the debt ceiling fight

If no spending agreement is reached, the United States could default on its outstanding loans as early as June 1. If that were to happen, then what?

Blockchain tech, investor sentiment, economic stress levels: Predictors of bitcoin returns

Researchers from the Illinois Institute of Technology have conducted a groundbreaking study to identify the factors that predict Bitcoin returns. The paper, titled "What Information...

Cost to plug and abandon US Gulf of Mexico wells estimated at $30 billion

The United States has thousands of unplugged oil and gas wells, both onshore and offshore, that present potential environmental and financial risks to the...

What’s next for the startups that banked with Silicon Valley Bank

For two days after the run on Silicon Valley Bank, hundreds of startups faced the prospect of losing millions and even billions of dollars of uninsured deposits in the bank.

One-click checkout in online shopping could entice people spend 30% more

You’d probably guess that simplifying the checkout process at an online retailer will lead customers to buy more. The question is: How much more?