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The Latest Breaking News from NBER

China’s AI and tech breakthroughs are built on decades of work. Here’s what other nations can learn

In the late 1940s and early 1950s, the United States and the Soviet Union were locked in a race for technological and ideological supremacy.

The Conversation

College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

A new NBER study finds that as college men grow scarce, college-educated women marry high-earning men without degrees—leaving non-college women with a shrinking, poorer pool of potential husbands

Fortune

Did Decriminalizing Drugs Lead to More Deaths in Washington and Oregon?

The Manhattan Institute’s Charles Fain Lehman overstates the evidence supporting that conclusion.

Reason

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New York City's Congestion Pricing Is Speeding Up Ambulances: A New Study Links the Policy to Better Survival Odds

NBER study July 7: NYC congestion pricing cut ambulance travel times by 63–70 seconds. In cardiac arrest, each minute is 7–10% survival odds. Here's the life-saving math.

Medical Daily

How Brexit is estimated to have hit the UK economy

Britain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity, and investment. These impacts stem from increased business uncertainty and reduced trade. New trade deals are not expected to offset these effects. The long-term outlook points to a smaller economy compared to…

The Economic Times

Middle-aged adults taking GLP-1s for obesity can save $192K+ on lifetime medical costs, more if they don’t have college degrees, new study finds

The National Bureau of Economic Research paper's lead author hopes putting a dollar value on the benefits of GLP-1s will lead to better access

Fortune

The Smartphone Theory of Birth Rate Decline Still Doesn't Hold Up

A new NBER study suffers from the same flaws plaguing previous research on phones and fertility rates.

Reason

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Even if every California billionaire left overnight, a wealth tax would help the state come out ahead for 25 years

The Golden State might be able to stomach more ultra-wealthy departures than first feared.

Fortune

A record number of 18-year-olds are set to graduate into an economy designed against them

It's the commencement season that Gen Z fought back as America hits peak 18 and peak data center at the same time.

Fortune

CEO Age At Appointment Is Rising Sharply As Firms Shift Toward Experience-Heavy Leadership, Study Finds

A new working paper from the National Bureau of Economic Research (NBER) has found that chief executives in corporate America are being appointed at significantly older ages than in previous decades.

International Business Times

I Asked ChatGPT What Would Happen If the Middle Class Paid Taxes at the Same Rate as Billionaires

To dig into the question, ChatGPT was asked what might happen if the middle class paid taxes at the same effective rate as billionaires.

GOBankingRates

Elon Musk Cost Tesla 1 Million Car Sales In The U.S. Since Buying Twitter: Study

A study found that Tesla may have lost more than a million EV sales since 2022 because of its CEO's very public political activism.

InsideEVs

Study Finds Tariffs Cost Consumers More Than the Government Takes In

The new report examined prices of French wine after Trump imposed tariffs in 2019.

Reason

OpenAI reveals how people use ChatGPT, and the results might surprise you

OpenAI just revealed the results to the largest ever study into how people use ChatGPT.

TechRadar

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Reason

Debunking the 100,000 Medicaid Deaths Myth

Partisan pundits are misreading statistical estimates and misrepresenting the science to suggest that Trump's Medicaid cuts will kill 100,000 people. That claim doesn’t survive scrutiny.

Reason

California's Minimum Wage Hike Cost 18,000 Fast-Food Jobs as Employment Ticked Up in Other States

The law transferred wealth from workers who lost their jobs to those who didn’t.

Fortune

Study looking at AI chatbots in 7,000 workplaces finds 'no significant impact on earnings or recorded hours in any occupation'

Despite AI’s promise to revolutionize white-collar work, most workers are using it sparingly—or hiding it from their boss.

Bored Panda

83 People Share Recession Indicators That Range From Funny To Cry Worthy

"Everyone becoming a DJ should've been our first recession indicator!"

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Kiplinger

Gen X, Boomers, Millennials, or Gen Z: Which Generation Pays the Most Taxes?

Polls show that most people feel like taxes are unfair. But which age group bears the brunt of the tax burden in the United States?

MarketBeat

Recession Risk: Is It Going to Happen? Here Are the Key Clues

Recession is the word that's been making headlines as recent economic reports and especially the Atlanta Fed is stoking fears with its GDPNow real-time forecast

Al Jazeera

Why are young adults less happy than ever before?

New study finds happiness increases with age and does not peak in youth, marking a major shift from the usual trajectory.

The Independent UK

Pregnancy is already deadlier for Black women. Abortion bans will only make it worse

THE A-WORD: Black women have worse pregnancy outcomes than any other racial group, being more likely to die in childbirth and more likely to have their babies die. Sheila Flynn and Alicja Hagopian report

Reason

The Economic Impact of the Chinese Exclusion Act

New National Bureau of Economic Research study shows this notorious law not only harmed would-be immigrants, but also damaged the US economy and reduced employment opportunities for native-born whites.

Reason

Federal 'Buy American' Rules Cost Over $100,000 Per Job Created

Eliminate the domestic content requirements of the Buy American Act, don't expand them.

Salon

Mental health a "macroeconomic crisis"

A growing body of research attempts to measure capitalism’s effect on our mental health

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