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The Latest Breaking News from Economics

Blind Brown University professor Roberto Serrano exposes massive AI cheating scandal after students' scores plunge from 100 to 48, calls AI 'tsunami for all of us'

A Brown University professor noted unusual perfect scores on a take-home midterm exam and exposed a massive AI cheating scandal. Many students achieved top marks, which contrasted sharply with prior years. The subsequent in-person final exam saw a dramatic drop in the class average. When the exam was held in…

The Economic Times

Vance steps on Trump’s midterms message

The vice president’s criticism of traditional Republican economics complicates Trump’s attacks on Democrats

Salon

The 'SUV Tax': How Your Vehicle Choice Impacts Your Net Worth

Many drivers prioritize aesthetics over economics. We break down the financial trade-offs of the "SUV tax" and show you how to keep thousands more for your future.

Kiplinger

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Brown University Students Fled After Handwritten Final Put AI-Era High Marks to the Test

A Brown University professor's switch to traditional exams exposed widespread AI-assisted cheating, sparking debate on academic integrity and revealing a dramatic drop in student grades.

International Business Times UK

'We Cannot Choose to Become Idiots': Brown Professor Exposes AI Cheating After In-Person Exam Scores Plunged 50%

Brown University professor Roberto Serrano uncovers AI-assisted cheating in his class, revealing a significant drop in exam scores when moving from take-home to in-person exams.

International Business Times UK

Blind professor catches massive AI cheating scandal at Brown University, says it should be a wake-up call after scores drop from 100 to 48

Brown University professor Roberto Serrano allowed the students to take their midterm exam at home, as the shock of the December 13 shooting at the university was still there. Serrano has been teaching at the Ivy League University for 34 years and it was for the first time that he…

The Times of India

The Economics Behind Buying, Renovating, and Reintroducing Homes Into Competitive Housing Markets

Every renovated home that comes back on the market represents a series of financial decisions that started long before the first wall got painted. Someone found a property most buyers overlooked, saw what it could become, and put real money behind that judgment.

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The Amazon is the world's largest river, yet not a single bridge crosses its main channel

Stretching across the heart of South America, the Amazon River is the largest river on Earth by water discharge and one of the planet's most extraordinary natural systems. It flows through vast tropical rainforests, supports unrivalled biodiversity and sustains millions of people. Yet despite spanning more than 6,400 kilometres (4,000…

The Times of India

Trump Tries To Take Credit for a Walmart July 4 Grocery Sale

He understands economics about as well as he understands the limits of presidential power.

Reason

The key global economic risks to watch in the second half of 2026

After six months defined by war, an oil shock and a frenzied AI trade, economists say the rest of the year hangs on a chain of interlocking risks, with the fragile peace between the US and Iran as the key factor.

Euronews

Low-cost loans for solar panels could save households hundreds on bills – thinktanks

New Economics Foundation and Finance Innovation Lab suggest loan scheme backed by Bank of England could benefit up to 8m homes

The Guardian - UK

Longest stretch of weak growth since 1990s forecast

Rarely has Australia's near-term economic outlook appeared so gloomy, says Deloitte Access Economics.

AAP

Trump’s war means higher global interest rates for years to come

Global interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a percentage point through 2028. This shift, influenced by lingering inflation risks from the Iran conflict's energy shock and the AI race, means consumers and businesses face more expensive…

The Economic Times

FIFA World Cup’s hidden scorecard: What fans don’t see, economics does

FIFA World Cup 2026 is a fascinating economic case study, revealing how football markets mirror financial ones. Dynamic ticket pricing, driven by shifting expectations and the 'Tinkerbell Effect,' shows fluctuating demand. Host cities face complex tourism realities, while fans exhibit investor-like biases. FIFA's platform model, broadcasting rights, and data analytics…

The Economic Times

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Times Life

Chanakya's 7 Wealth Habits Every Successful Indian Swears By, Backed by Arthashastra Wisdom

Spend less than you earn, and track the gapChanakya didn't write about wealth to inspire anyone. He wrote to win. The Arthashastra, composed around the 4th century BCE, is a treatise on statecraft and economics that treats money as infrastructure, the thing everything else runs on. Seven habits run through…

The Economic Times

What America (still) teaches us

Despite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosperity stems from a blend of natural advantages and deliberate design, including a welcoming immigration policy that fuels innovation and economic growth. Geopolitically, US military spending underpins global security and trade…

Fortune

Organized crime is building an AI hardware cargo theft economy: 'The economics have become just crazy from the criminal opportunistic perspective'

Cargo theft was a $725 million problem in 2025, with electronics making up 22%, by some estimates, and there’s a particular AI thirst.

Latin Times

Georgetown's Dr. Adriana Kugler Honored with ASHE Academic Achievement Award

A leading labor economist and former Federal Reserve Governor is recognized by the American Society of Hispanic Economists for a body of research on labor markets, trade, and immigration.

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France 24

Andy Burnham outlines his vision for UK economy with promise to raise living standards

Andy Burnham, the former mayor of Greater Manchester, is likely to be the next British prime minister following Keir Starmer's resignation. Central to Burnham's platform is improving living standards that have stagnated or even fallen since the 2008 global financial crisis. But with weak public finances, how realistic is his…

Fortune

Defense tech could be entering its awkward teenage years. Is the boom a bubble?

VCs are flooding into defense tech, but they could be unprepared for the sector’s brutal economics and lengthy timelines.

Fortune

The defense tech boom has become a bubble—or it will be soon

Defense tech was once considered, at best, a fringe area for traditional VCs. Now, there could be a bubble.

The Economic Times

Falling crude, stable macros set stage for India's next growth phase: Aditya Kondawar

India's equity markets face a crucial earnings season with supportive macroeconomics, yet IT sector sentiment is dampened by AI uncertainties and slowing growth. Expert Aditya Kondawar notes IT's valuation correction, while highlighting potential in automotive software firm KPIT. He remains bullish on consumption themes like autos and FMCG, anticipating a…

Bangkok Post

Co-payment scheme seen as supporting industrial growth

Thailand's Manufacturing Production Index (MPI) decreased by 0.8% year-on-year to 101.18 points in May, due mainly to a slowdown in the domestic automotive sector, said the Office of Industrial Economics (OIE).

The Guardian - UK

What is Andy Burnham’s economic and political blueprint for Britain?

Plans include greater regional power, public ownership of utilities and the end of trickle-down economics

Euronews

Burnham vows to 'rewire Britain' with devolution push and 'No. 10 North' in Manchester

Labour's likely next PM set out a 10-year economic plan in his Manchester speech, promising greater regional powers and a shift away from trickle-down economics.

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