updated: Tue Mar 13 2012 12:32:00
LZ Granderson says more people are forced to juggle multiple gigs to pay the bills since the recession started in 2007.
President Obama's top economic adviser, Austan Goolsbee, is leaving the administration to return to the University of Chicago, the White House announced Monday night.
updated: Tue Jun 07 2011 05:38:00
Austan Goolsbee, Chief Economist, President's Econ Adv Board on recent jobs report and President's handling of economy.
Researchers have long known that money can make you happier -- though the effect wears off after you earn $75,000 a year, says Princeton University's Angus Deaton and Daniel Kahneman.
Wes Moore appeared in his hometown newspaper, The Baltimore Sun, 10 years ago because of his impressive academic achievements. Around the same time, he noticed a story in the paper about a jewelry store robbery in which a police officer and a father of five was killed.
updated: Thu May 27 2010 08:36:00
CNN's Soledad O'Brien reports on the often controversial decisions made to improve failing schools.
Jordan Norwood dreams of becoming a neurosurgeon. The 14-year-old Chicago boy is smart and hard working but because of the school he attends, he would have to defy nearly insurmountable odds to get into college, let alone make it through medical school.
As a young working mother in the the early 1980s, Diane Wood, like many of her generation, struggled to balance work and family.
When Jon Winkelried first ventured inside Goldman Sachs it was early spring of 1981, and the future co-president of the 141-year-old firm was just finishing up the fourth year of his five-year undergraduate/MBA program at the University of Chicago. He had come to New York City in the hopes of securing a summer internship, but the firm's hallways felt alien to him. While only 20 miles due west of Wall Street, the town of Millburn, N.J., where Winkelried grew up, was a world away. His mother was a schoolteacher, his dad the product of a Jewish, working-class neighborhood in Newark who managed local parking garages.
The number of Americans with diabetes will nearly double in the next 25 years, and the costs of treating them will triple, according to a new report.
updated: Fri Nov 27 2009 13:56:00
A new study predicts American type 2 diabetes cases will jump from nearly 24 million to more than 44 million by 2034.
When it comes to charitable giving, some well-intentioned moves can backfire.
Most job seekers have a case of the jitters before going on a job interview. Anxiety's normal, but almost always those butterflies were in your tummy for nothing. The interview goes well, you don't make any serious mistakes and you exhale the moment you walk out of the room.
She broke your heart and won rave reviews as the earnest kid in the coming-of-age drama "My Girl." And then, a few years later, Anna Chlumsky had her own heart broken -- by Hollywood.
For one person, the idea of spending a cold winter's night alone seems great -- a perfect time to catch up on novels, watch cheesy movies, and drink hot chocolate with marshmallows. For another, the prospect is less comforting -- feelings of depression, anger, isolation set in as the hours go by.
Jewish students and faculty at California universities fear for their safety on campus because of threats aimed at them over the Middle East conflict, the father of a slain Wall Street Journal reporter said Friday.
Many older adults in the United States are taking a confusing combination of medications, some prescribed by doctors and others picked up over-the-counter or in health food stores.
On Oct. 14, the U.S. Treasury announced it would spend $250 billion of taxpayer money to buy shares in U.S. banks. The feds hope that the infusion will resolve the financial crisis paralyzing the economy. Here, in 300 words or less, is everything you need to know about it.
For better or for worse, when you get married, you sign on for a life of sharing --bedsheets, bathroom space, cold germs. Moods, too, as it turns out. And it's becoming increasingly clear that "emotional contagion," the unconscious tendency to mimic the emotions of others, affects spousal health.
An American physicist and two physicists from Japan will share this year's Nobel Prize in Physics, the Nobel Foundation announced Tuesday.
A tiny woman and two children were laid to rest on a bed of flowers 5,000 years ago in what is now the barren Sahara Desert
Newsflash for rock stars and teenagers: It turns out everything doesn't go downhill as we age -- the golden years really are golden
Don't give in. Pros have all sorts of clever computer models for assessing risk. But even those brilliant machines misjudge risk from time to time (like in the subprime meltdown).
A new survey in Chicago finds that about half of doctors occasionally prescribe their patients sham treatments
Dear FSB: I own a small real estate company and now I want to expand aggressively into other sectors through acquisitions. How do I get the right expert advice to help my company select "winner" acquisitions?
Some IVF clinics came under fire this week for marketing egg-freezing services to young women who may want to postpone motherhood until they are ready.
Many older Americans routinely engage in vaginal intercourse, oral sex and masturbation, a landmark study into a long-taboo subject reported Wednesday.
Amid the freeze on private equity deals, big investors like pension funds and college endowments are still plowing money into buyout funds, suggesting they still see opportunities for outsized returns.
Hiring productive people is crucial for businesses of any size, but in the case of startups it's especially vital - and tricky. With limited resources, small businesses can't afford to have employees who don't perform. What's more, they need to find individuals who are not only talented, but also willing to wear a lot of hats and work in an atmosphere of risk.
Scientists have just released images of the brightest stellar explosion recorded.
Amid all the criticism of private equity, none perhaps has been as scathing as this: Buyout firms above all want to enrich themselves and their investors - and often cut thousands of jobs in the process.
Private equity buyouts keep breaking records, raising concerns that the buyout boom may be near a peak - and that investors will get hurt when the party comes to an end.
Pick up a newspaper or turn on the TV, and you can probably find a college professor opining on something - global warming, food security, poverty, you name it. But it isn't so easy to find anyone willing to opine on a college or university's practices in those same areas.
Most Americans, white and black, see racism as a lingering problem in the United States, and many say they know people who are racist, according to a new poll.
All five of last year's winners are growing rapidly. Here's an update.
Considering the mess that Social Security and Medicare are in, the federal government is probably the last place you'd look for insights about retirement planning.
The winners of last year's FSB business-plan competition are growing rapidly. Here's an update.
Confession time: My husband has actually uttered the words "I'd rather take a nap than have sex." Is our marriage on the rocks? No, like 75 percent of adults, our problem is sleep -- he has insomnia; I snore.
New observations of a great big cosmic collision provide the best evidence yet that invisible and mysterious dark matter really does exist.
"Whoever said money can't buy happiness isn't spending it right." You may remember those Lexus ads from a few years ago, which hijacked this bumper-sticker-ready twist on the conventional wisdom to...
Ask Dr. Michael F. Roizen how old he is and you will get two answers: 60 and 42.
It may be one of the most dangerous phrases in the English language. It certainly is one of the most expensive.
Google, Yahoo! and Dell were all famously founded on college campuses. So it's a good bet that the next generation of paradigm-shifting entrepreneurs is lurking in dormitories as well. That's why luminaries such as legendary venture capitalist Ann Winblad, co-founding partner of Hummer Winblad, and Koplovitz & Co. principal Kay Koplovitz agreed to judge the FORTUNE Small Business student startup competition.
Economics 101 was definitely boring. But in the hands of Steven D. Levitt (right), the subject is deliciously sordid. In Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (Will...
The seven semifinalists that vied with our winners should make a mark. Besides the four profiled here, they include Carnegie Mellon's ClearCount, which has found a way to keep surgical sponges from...
Make love, not money. That was the most unusual message of a research note this summer from stock strategist James Montier at Dresdner Kleinwort Wasserstein, urging his well-heeled clients to set a...
Quit worrying. If you're choosing among the 25 schools in this guide, you're going to get a great education. These schools attract the best of the best: The professors are top-notch, and the studen...
If you think rich guys are luckier in love, think again. A new study shows there is no correlation between household income and how frequently someone has sex.
One recent Sunday afternoon, my wife and I arrived at Putnam Toyota in Burlingame, Calif., to test-drive a Camry. When we told the salesperson we were deciding between that and a few other cars, he...
One of the hottest self-help bestsellers right now is David Bach's The Automatic Millionaire. While it pushes some pretty daffy notions, the book also advocates a sensible idea: Every month, have a...
It's easy to feel anxious about your retirement. Even if you've been saving for years, it's natural to wonder if you've made the right decisions. And if you haven't begun saving yet, well, the fear...
It's easy to feel anxious about your retirement. Even if you've been saving for years, it's natural to wonder if you've made the right decisions.
Scandal. Malfeasance. Disgrace. Does American capitalism rest on shaky foundations? Not at all, argues University of Chicago B-school professor Steven Kaplan. In a provocative paper, "The State of ...
Contrary to what most B-school applicants think, being wait-listed--or denied--doesn't mean you don't have options.
You can't blame John Todd for seeming a little cranky these days. The University of Cambridge geneticist has spent years searching for the 20 or so genes thought to play a role in type 1 diabetes. ...
A win-win situation: That's what consumers and vendors were promised in the early days of the Web. Consumers, it was widely declared, would get better prices and a new way to comparison shop. Produ...
Most people watched the Chicago Bulls during the 1996-97 season and dissected the team's offensive plays, took bets on its championship potential, or struggled for adjectives to describe Michael Jo...
College presidents seem increasingly beleaguered by their jobs these days, and no wonder. Unlike a corporate CEO, a university president has little formal power. He can't fire faculty, boss around ...
The Treasury Department's recent announcement that it wants to buy back bonds as part of an effort to eliminate the federal debt may have some unforeseen implications. Sure, the move toward debt-fr...
Economists rule the world. This is not a new phenomenon. "The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly un...
With its headline-making pairings like Daimler/Chrysler and Exxon/Mobil, 1998 was the most active merger-and-acquisition year ever. But history shows that two out of three mergers fail to create la...
Academic journals don't spend much on market research. So it can take years to figure out which articles people actually read (the ones that end up cited elsewhere). The magic of the Internet is ch...
Here's one more reason to dislike the federal income tax code: It discriminates against women. Ed McCaffrey, author of the new book Taxing Women (University of Chicago, $29.95) and a University of ...
Who do you trust: markets or governments? Regular readers will know that this columnist believes markets tend to produce the best results for the world's economic well-being. And in fact, recent ev...
If ever there was a likely candidate to load up on aggressive growth funds, it's Bobbi Bensman. This 33-year-old resident of Rifle, Colo. is one of America's premier female rock climbers. Bensman g...
IBM, Microsoft, Oracle: They were all micro-cap companies once--and have richly rewarded those visionaries who bought in early on. So goes the reasoning behind a new breed of mutual fund that focus...
Would the deans and professors at that epicenter of free market thought, the University of Chicago's graduate school of business, ever support interventionism and subsidies? Yes, and you need look ...
Next time an invisible hand yanks you off an overbooked flight and shreds your travel schedule, and you find yourself wondering whether the airline industry will ever grow up and behave like an adu...
IT'S A BIT like watching a scientist develop a drug to cure a serious illness. But the patient is American business, the hoped-for cure is a new, improved MBA, and the scientist at the moment is Jo...
Across the nation, scrappy small businesses heroically create jobs while FORTUNE 500 dinosaurs pare payrolls. Or so any pep-talking pol pushing a tax or health care break for ''the little guy'' wil...
Encouraged by a recent string of stronger economic data, forecasters are growing more confident that 1993 will produce a solid expansion. Can we count on them to be right? Most failed to foresee ei...
The tables on the following pages deliver basic information you need to size up 1,000 public and private four-year colleges and universities that welcome students without regard to their religious ...
''Has Macro-Forecasting Failed?'' That's the title of a timely National Bureau of Economic Research paper by economist Victor Zarnowitz of the University of Chicago. The answer is -- what else? -- ...
When Alfred Nobel established the prize that bears his name, he wanted the award to maintain a consistent value. But after adjusting for Swedish inflation and converting into 1991 dollars, it turns...
We went to see Other People's Money, the hot new Warner Brothers picture starring diminutive Danny DeVito and curvaceous Penelope Ann Miller, with one question in mind: Would this filmic feature fa...
As every schoolboy who got his MBA at the University of Chicago knows, there is no compelling reason for corporations to pay dividends. Empirical studies have shown that real-world returns to share...
Your servant senses that it is time for a little more back talk on the subject of ageism. Every time you turn around these days, there is another uplifting editorial deploring bias against the oldi...
Your August issue had the greatest idea I have ever seen in the magazine: a tax-advantaged Savings Account for Future Education (SAFE). I was in college from 1936 to 1940. Four years of college and...
THE BIGGEST aftershocks of the stock market's October quake have come in the form of vehement calls for reform rumbling across the nation's financial pages. Would-be reformers are not just liberal ...
Bristol-Myers, Coca-Cola, General Motors, Exxon, Ford Motor, Citicorp, J.P. Morgan, and many other corporations have signed up as partners of the National Black MBA Association in a drive to persua...
From outside his Victorian house in Boston, Barbara Hoyt's uncle was looking great. At 91 he could mow his own lawn and run the snowblower down his sidewalk in the winter. But inside, as Barbara di...
BLACK MONDAY discomfited not only stockbrokers and portfolio managers, but also an influential set of academics whom they have long considered their archenemies -- the efficient market crowd. These...
IF STUDENTS are a bellwether of trends, then listen up. The get-rich-quick fever that over the past few years drove business school students to Wall Street like hootch-crazed prospectors bound for ...
Continuing to quarrel with the mainstream media, we now come to their treatment of the intelligence quotient (IQ), one of the great inventions of the 20th century. The media do not like the IQ. The...
This has been the year for college bashing. William Bennett, U.S. Secretary of Education, has fulminated over runaway tuitions. Ernest Boyer, president of the Carnegie Foundation for the Advancemen...
We remember being favorably impressed by a study, published five years ago by the National Bureau of Economic Research (NBER), demonstrating that you could substantially reduce smoking by using the...
WHEN YOU OPENED the morning newspaper to the stock market pages on Friday, September 19, the main news story was not the usual account of the previous day's market action. The main story in most pa...
Dumping on MBAs has become increasingly popular in recent years, both in the popular press and in specialized publications such as the Harvard Business Review. Newly minted MBAs, the critics say, a...
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|