‘They cut off online access’: My mother’s bank balance plummeted after her death. What’s going on?

Norway currently levies the highest carbon tax rate at €146.23 ($169.71) per ton of carbon emissions, followed by Sweden (€133.17, $154.55) and Switzerland and Liechtenstein (both €129.09, $149.81). The lowest carbon tax rates can be found in Poland (€0.09, $0.11) and Ukraine (€0.59, $0.68). The average carbon tax rate among the 24 European countries was…

We study whether information frictions about the relative effectiveness of study methods distort students’ effort allocation. Standard models treat effort as a single input whose level, rather than composition, determines outcomes. We instead model effort as an allocation across methods with heterogeneous effectiveness. Combining panel surveys, administrative records, digital activity logs, and a randomized information…

India’s primary bourse preps a landmark IPO alongside Jio, testing markets amid a global slowdown. India’s National Stock Exchange (NSE) has filed for an initial public offering with the Securities and Exchange Board of India, in what is expected to be one of the most consequential listings in the country.  The official filing document revealed…

If you asked me at the start of the year how I would rank Advanced Micro Devices (AMD +2.13%), Broadcom (AVGO 0.31%), and Nvidia (NVDA +3.90%) in terms of potential stock performance, I would have put Nvidia at the top, Broadcom in the middle, and AMD in last place. So far in 2026, my projection that…

We thank Agostino Capponi, Lin Wlliam Cong, Phil Dybvig, Rodney Garratt, Allaudeen Hameed, Campbell Harvey, Emir Hrnkic, Kose John, Leonid Kogan, Erica Li, Yupeng Lin, Olga Klein, Evgeny Lyandres, Mei Luo, Simon Mayer, Danqing Mei, Katya Malinova, Karsten Muller, Dan Su, Gerry Tsoloukas, Xuan Tian, Charles Wang, Josh White, David Yermack, Yao Zeng, and Jin…

OCBC strategists Sim Moh Siong and Christopher Wong note that S&P’s affirmation of Indonesia’s BBB/A-2 ratings with a stable outlook is mildly supportive for the Indonesian Rupiah (IDR) by removing immediate downgrade risk. However, they caution that IDR gains may be limited without clearer fiscal consolidation and better capital flows, while the recent rebound in…