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This manuscript is prepared for a chapter in the volume, New Frontiers in Fertility, edited by James J. Heckman. We would like to thank James Heckman and the participants of the “Family, Fertility and Human Development Initiative” for helpful discussions. Chang Liu acknowledges financial support from the National Natural Science Foundation of China (No.72103193). All…
The space sector is changing almost at the speed of a high-powered rocket. Among the numerous developments in the business recently, one in particular could make quite a difference: Rocket Lab‘s (RKLB -5.84%) $8 billion deal for satellite telecom company Iridium Communications (IRDM -1.42%). Rocket Lab is touting the acquisition as transformational. While there’s some…
Pakistan is exploring a path toward a resumption of US – Iran talks. Oil moves lower !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Options and derivatives marketplace Cboe Global Markets (CBOE +3.19%) plans to launch new extended trading hours for select multi-exchange mega-cap stock options. The extended hours will see the market open for options trading for these select stocks at 7:30 a.m. ET, two hours earlier than the major indexes open for trading. It will stay open…
We thank Anna Dreber Almenberg, Martha Bailey, Jonathan Cohen, Emma Duchini, Alex Frankel, Ryan Kellogg, Jack Mountjoy, Virginia Minni, Matt Notowidigo, Mikkel Plagborg-Møller, Charlie Rafkin, Shanthi Ramanth, Lutz Sager, and Witold Więcek for helpful conversations. We thank Giuseppe Cognata, Shravan Haribalaraman, Ari Jacob, Sedona Jolly, and Min Seo Kim for their excellent research assistance. Ganong…
Tatha Ghose at Commerzbank highlights that Turkey’s market-based inflation expectations for 2026 and 12 months ahead have risen again, undermining confidence in disinflation. Survey participants see Central Bank of the Republic of Türkiye (CBRT) holding rates at 37% this week then cutting to 34.7% by year-end, a mix he deems negative for the Lira given…