Suppose you wanted to construct a new index to track the US stock market. What would you use as a model? The Dow Jones Industrial Average might be an option, but it’s hardly representative of the ...

The financial world typically uses rules and formulas to evaluate risk. Credit-rating agencies assign ratings on the basis of specific metrics such as debt-to-EBITDA ratios and interest coverage.

The researchers looked at a decade’s worth of shopping data in states where marijuana was legalized. Analyzing the panel data from 48 states and about 20 million weekly household purchases made over a ...

Participate in the Leadership Alliance. In partnership with the Leadership Alliance—a national consortium of more than 30 colleges and universities, the Leadership Alliance was established in 1992 ...

There can be little doubt that the 90-day pause on tariffs for most countries that Donald Trump announced abruptly on April 9th was driven by worries about the bond market. A jump in yields in America ...

Explore articles from the Summer 2025 issue of Chicago Booth Review.

One observation is that the ease of bank transfers appears to have changed how the Fed’s monetary policy is absorbed in the market, suggests research by the Ohio State University’s Isil Erel, ...

Manufacturers, for the most part, don’t run their operations at full capacity. Machines sit idle. Processes are slowed. Macroeconomists have long studied the effects of these costly choices, asking, ...

"'The key thing that makes humans special is so-and-so' is about as worn-out a topic as any. Yet, Henrich delivers an extraordinary and engaging treatise on it." "A friend gave me a copy of Outlive, ...

The University of Chicago Booth School of Business has received $12 million in commitments from University of Chicago trustee Mary Tolan, MBA ’92 (XP-61), and her husband, Edward Grzelakowski, to ...

The University of Chicago Booth School of Business today announced it has received $12 million in commitments from University of Chicago trustee Mary Tolan, MBA ’92 (XP-61), and her husband, Edward ...

Fintech is changing how the economy works at the local, national, and global levels—perhaps, in some cases, for the better. Research from the International Monetary Fund’s Nicola Pierri and the US ...