For Warren Buffett, market volatility can often be an opportunity to grab some value. Buffett treats market dips like sales events, but only on businesses he truly understands. A bigger risk than ...

Americans are increasingly comfortable letting AI crunch the numbers, but they still want a human in the loop for ...

Scientists find evolutionary explanation for 'irrational' dread risk behavior by Andrew Merrington, University of Exeter edited by Lisa Lock, reviewed by Robert Egan Editors' notes ...

Large language models (LLMs)—the technology that powers popular AI chatbots like ChatGPT and Google’s Gemini—repeatedly made irrational, high-risk betting decisions when placed in simulated gambling ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the prize for showing how “society must keep an eye on the factors that generate and sustain economic growth,” an award committee member said. By Eshe ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research into the impact of innovation on economic growth and how new technologies replace older ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

Electric vehicles’ share of the total automotive sales market climbed to more than 9% this month, analysts at Cox Automotive said Aug. 15. Total sales, the firm said, climbed almost 20% year over year ...

After having been burnt by the bursting of the South Sea Bubble, Sir Isaac Newton famously said that he could calculate the motions of the heavenly bodies, but not the madness of men. We have to ...

Once again, Donald Trump is dancing with the idea of trying to fire Fed Chair Jerome Powell - a move economists say would shake global markets and could unleash economic chaos. Plus - Trump directly ...