Small firms in Peru shop nationwide for cheap credit, but loyalty runs two ways
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
Poorer residents of states refusing to expand Medicaid hit hardest
Housing guaranteed, rent payments went toward food
Though defaults are low, rates on credit card loan-backed notes are high
Using smartphones to track lockdown compliance, paying employers to keep workers on the payroll and gauging nursing home availability
Student debt weighs on happiness more than mortgages or credit card loans
A predictive model employs credit default swaps across currencies
When bad times hit, highly indebted companies often have to sell operations and equipment at fire-sale prices
Companies that use loss carry-forwards to offset future tax liability, instead of claiming a refund, enjoy favorable lending terms
The populist model, embraced by some on the American left, resembles policy that helped torpedo some smaller economies
A review of academic research finds the path to saving more and spending less often involves emotional prompts
Rigid adherence to scoring systems can reduce consumer spending when it’s most needed
Sixty years of data suggest retirement obligations rise after Democrats scrape into office
Data back to 1870 show similarities in the worst banking system shocks — focusing on loose lending before a meltdown