Drew Margolin says that Facebook's new rules will likely slow down illegitimate advertisers, but the effect for users will depend on how Facebook flags political advertisements

Law and Policy

Economics and Business

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On Friday, the U.S. Bureau of Labor Statistics will release figures for unemployment in the month of July. Erica Groshen is a senior labor economics advisor at the Cornell University School of Industrial and Labor Relations. She is a former commissioner of the U.S. Bureau of Labor Statistics and vice president of the Federal Reserve Bank of New York, and has written extensively on how economies can recover from recessions.

Economics and Business

Industrial and Labor Relations

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Ridesharing firm Lyft, which filed a confidential initial public offering filing with the Securities and Exchange Commission in December, is gearing up for an IPO in the coming weeks. Drew Pascarella, senior lecturer of finance in the Cornell SC Johnson College of Business, says the move will open the tech IPO market which has recently been starved.

Economics and Business

Cornell SC Johnson College of Business

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The global supply chain has been put under extreme stress throughout the pandemic causing major disruptions for businesses and consumers as we enter a busy season for businesses in all industries. Cornell experts can discuss the problems that persist in the global supply chain and impacts it’s having on various industries.

Economics and Business

Industrial and Labor Relations

Food & Agriculture

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This Halloween, Americans are expected to spend a near-record amount of $8.8 billion on costumes and other decorations. While the holiday traditionally attracts a core of committed fans, many are also peer-pressured to jump into the festivity’s spending.  Ori Heffetz, professor of applied economics at Cornell University’s SC Johnson College of Business, is an expert on consumption and studies the psychological, social and cultural aspects of economic behavior. Heffetz says that when it comes to celebrations, Halloween has become the holiday to show off one’s status.

Economics and Business

Cornell SC Johnson College of Business

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On Monday, Japanese carmaker Nissan announced that it was firing its chairman, Carlos Ghosn after authorities had arrested him for alleged financial misconduct. Ghosn is accused of having under-reported over $44 million in pay and of having diverted company funds for personal use. Arthur Wheaton, a car industry expert at Cornell University’s School of Industrial and Labor Relations, says that Ghosn’s case is an – unsurprising – example of corporate greed.

Economics and Business

Business, Economics & Entrepreneurship

International Reach

Industrial and Labor Relations

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Andrew Karolyi, an expert on investments and international markets and John Tobin, an expert on environmental and energy economics, comment on the European Union's plan to create 225 billion euros of green debt by increasing the number of available green bonds.

Energy, Environment & Sustainability

Economics and Business

Business, Economics & Entrepreneurship

Cornell SC Johnson College of Business

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This week, Audi announced it would cut up to 9,500 jobs, roughly one in ten of its total staff, to focus more efforts and funding toward electric vehicle production. The company has also announced that it will add 2,000 positions in the areas of electric mobility and digitalization.  Thomas Jungbauer, professor of economics in the SC Johnson College of Business at Cornell University, studies tech firms and high-skilled labor markets. He says that by changing its work force, Audi is attempting to create a competitive advantage within a highly disrupted industry.

International

Economics and Business

Cornell SC Johnson College of Business

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The government’s $2 trillion stimulus package includes more than $350 billion in loans and payroll tax relief destined to help small and medium firms, those who are self-employed as well as freelancers and gig workers. Tom Schryver, visiting lecturer at the SC Johnson College of Business at Cornell University, says that in helping small businesses, the government is walking a line between getting things done fast and offering the perfect solutions.

Economics and Business

Cornell SC Johnson College of Business

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The coronavirus outbreak is putting many industries at risk. Among them, the tourism industry seems to be one of the worst affected in the short term. Christopher Anderson, professor of business at Cornell University’s Hotel School, breaks down the likely repercussions to air, cruise and lodging industries.  

Economics and Business

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