‘It feels like a medical miracle’: How did a single QR code coupon cut my $618 Walgreens prescription to $15?

Friday, May 29, 2026 What a Recent Rule Change Means for Corporate Transparency Drug cartels and other illegal enterprises often use shell companies to hide their dealings and launder money. To combat this activity, many countries have requirements that corporations disclose their ownership-or their beneficial owners. And the U.S. was adopting a similar policy when,…

We develop a theory of firm wage dynamics that integrates the canonical wage-posting model à la Burdett and Mortensen (1998) with firm dynamics. Firms offer dynamic wage contracts under an equal-treatment constraint in the presence of search frictions. We provide an analytical characterization of equilibrium wage contracts and firm growth as functions only of the…

If you take seriously the optimistic San Francisco Consensus on the direction of AI capabilities—such as on display in the much-discussed “AI 2040” world-building from the AI Futures Project—we might soon enter a period where advanced artificial intelligence will give its national possessor a considerable military edge. And then, not long after, a decisive one—at…

Japan is the land of the rising sun, but the Yen has been falling and the only thing going up is Japanese bond yields. But why does this matter for the global economy? Well, the other part of the equation is this Japan’s gross debt at 249% of GDP, the highest in the world. Recently,…

To date, the seminal achievement of the 119th session of Congress was to fund the defense budget the nation needs. The momentum started by this success is now in jeopardy. Three issues frame the budgetary situation for the Pentagon during the last quarter of the fiscal year. Initially slow release and execution of the $150…

As AI agents break free, tech giants are racing to turn cybersecurity into a core feature of their businesses.