Moving vans headed east out of California. Credit: iStock/eyecrave
October 31, 2019

Has California Hit the Limit on Tax Rates?

A study finds that almost half of the state’s 2012 income tax increase was eroded by people who moved away or lowered their taxable income.


Hands are silhouetted against a backdrop projected with the picture of various currencies of money in this illustration. Credit: Reuters/Kacper Pempel/Illustration
October 24, 2019

Cryptocurrencies Could Eliminate Banking’s Easiest Moneymaker

Banks earn big profits by paying minuscule interest on deposits and charging large credit card fees. Digital currencies are about to disrupt that.

Latest Stories in Finance

September 17, 2019

Do Investors Really Care About Gender Diversity?

Shareholders penalize tech and finance companies for not hiring enough women, new research shows.
September 4, 2019

Michael Moritz: Look for Unexpected Opportunities

On this podcast episode, the Sequoia Capital partner discusses the top two challenges facing the tech industry: identifying promising companies and promoting diversity.
August 26, 2019

What Would Happen If Mortgage Brokers Disappeared?

Home-loan middlemen are more than a necessary evil — they benefit both buyers and lenders, a new study finds.
July 22, 2019

Good News and Bad News on Tax Evasion

A tough new law made it much harder for American tax cheats to hide their money offshore. But a new study shows they haven’t given up.
July 22, 2019

What Happens to Local Jobs When State Taxes Go Up?

With states competing fiercely for business, even small increases in corporate rates will spur some firms to pull up stakes.
July 11, 2019

Do VCs Really Favor White Male Founders?

A field experiment used fake emails to measure gender and racial bias among startup investors.
May 23, 2019

Will Investors Pay a Premium for Being Green?

Despite the surging focus on environmental sustainability, a new study suggests investors still care about the old kind of green.
May 20, 2019

Bridgewater Investments Founder Ray Dalio: Invest in Idea Meritocracy

The investment icon says a system of thoughtful disagreement creates competitive advantage.
May 8, 2019

Chapter 7 vs. Chapter 11: What’s Best for the Surrounding Community?

In areas tied to declining industries, corporate reorganization has better long-term impact than going-out-of-business sales, a new study finds.
April 12, 2019

Getting Banks to Latch onto Blockchain

A Ukrainian native challenges the financial industry to lose its fear of decentralized transactions.