Chicago Booth in the News

Tanking is ruining NBA basketball. Can math save it?
May 11, 2026 | Scientific American
“If the NBA uses the draft to help with long-term competitive balance in the league, there will always be some tanking,” says Chicago Booth’s Evan Munro.

What do mothers really want? Deeper conversations
May 10, 2026 | Fast Company
Chicago Booth’s Nicholas Epley discusses the popularity of conversation-prompt cards.

Powell’s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both.
May 10, 2026 | Marketwatch
Chicago Booth’s Raghuram Rajan weighs in on the tenure of Federal Reserve chair Jerome Powell.

Once epicenters of teenage culture, some Chicago-area malls are taking their last breath
May 9, 2026 | Chicago Tribune
“The death of malls is vastly overrated,” says Chicago Booth’s James Schrager. “A mall is a piece of commercial real estate, and like every piece of commercial real estate, it’s all about location, location, location.”

Fed’s Goolsbee warns AI could produce stagflation. ‘The bigger the hype, the bigger the concern.’
May 9, 2026 | Barron’s
At a recent panel, Chicago Booth’s Luigi Zingales raised concern over AI’s potential impact on the economy, citing New York Fed surveys that show households increasingly expect to lose jobs to AI.

I didn’t speak out loud all day and it made me sad
May 9, 2026 | The Independent
“Your voice enables people to understand your intentions more clearly than text alone, leads those who listen to us to perceive us as more thoughtful and intelligent compared to simply reading what we have to say and also connects us more deeply to other people,” says Chicago Booth’s Nicholas Epley.

Dr. Nicky Jackson & Melissa Perry on the Crime Unfiltered Tour | Christopher Krohn on GameStop & eBay | Isaac Fitzgerald on Johnny Appleseed
May 7, 2026 | America At Night with McGraw Milhaven
Chicago Booth’s Christopher Krohn discusses speculation around GameStop’s bid to buy eBay.

Big Tech’s $725bn AI spending spree sends free cash flow to a decade low
May 7, 2026 | Financial Times
Companies have some discretion in how they calculate “free cash flow” because it is not defined in standard accounting rules, says Chicago Booth’s Christian Leuz.

How can India produce AI, instead of becoming its tenant?
May 6, 2026 | The Indian Express
“The Indian state knows how to create a gigawatt of power for a foreign data centre,” write Chicago Booth’s Raghuram Rajan and Cornell’s Rohit Lamba. “It needs to learn how to create a research department, a laboratory, a generation of scientists.”

Why the AI job apocalypse (probably) won’t happen
May 3, 2026 | The New York Times
In his new column, The New York Times’ Ezra Klein writes about Chicago Booth’s Alex Imas and his prediction that AI will cause “the relational sector” of the economy to explode.

America got rich and got sad. A top economist says 2020 broke something that hasn’t healed
May 3, 2026 | Fortune
According to the General Social Survey, “there was a huge hit” to American happiness in 2020 due to the pandemic, says Chicago Booth’s Sam Peltzman. “It’s only a little bit coming back. So when you’re all done, there’s an unprecedented decline into the whole of the 2020s.”

2026 Best & Brightest MBA: Adeola Akeju, University of Chicago (Booth)
May 2, 2026 | Poets & Quants
“Booth’s flexible curriculum allows me to pair analytical rigor with behavioral science, equipping me to not only design solutions, but also drive adoption among stakeholders,” says Full-Time MBA student Adeola Akeju, who was featured in Poets & Quants’ annual list of Best & Brightest MBAs. “This combination is critical for the type of impact I want to have in consulting and beyond.”

Fractional CFO firm eyes expansion after minority investment
May 1, 2026 | CFO
Small businesses seeking fractional executive services “may want a CFO-level individual to help guide through challenges, but they might not be able to afford a full-time CFO,” says Chicago Booth’s Christopher Krohn.

Bank of America data shows more households stuck paycheck to paycheck
April 30, 2026 | The Financial Wire
“Credit cards are functioning as an emergency savings account for a lot of younger workers,” says Chicago Booth’s Amir Sufi. “That is sustainable right up until the moment it isn’t.”

Crossover firms doubled down on pre-IPO bets in Q1, with deal value hitting a record $220.9B
April 30, 2026 | Pitchbook
Chicago Booth’s Steven Kaplan discusses crossover firms making fewer, much larger pre-IPO venture investments in the first quarter of 2026.

Two investment strategies for people who are afraid of the stock market
April 28, 2026 | Marketwatch
Data models developed by Chicago Booth’s Eugene Fama and Dartmouth’s Kenneth French support the notion that for long-term investors building up nest eggs, stocks have outperformed bonds by wide margins.

Writing by hand is good for business
April 28, 2026 | Forbes
According to research by Chicago Booth’s Nicholas Epley and his co-author, expressing gratitude, for example, in a handwritten thank-you note boosts positive emotions and wellbeing for both the writer and recipient.

The new wealth taxes
April 29, 2026 | The Dispatch
Chicago Booth’s Eric Zwick discusses New York’s proposed pied-à-terre tax on homes worth more than $5 million.

The U.S. started the war. The rest of the world is feeling the effects.
April 27, 2026 | The New York Times
Many countries in Asia are already dealing with fuel shortages, which will only get worse as the war in Iran continues, says Chicago Booth’s Raghuram Rajan.

Opinion: The coasts don’t own innovation. They just own the capital.
April 23, 2026 | Crain’s Chicago Business
“The challenge for the Midwest is not bringing top venture investors here immediately, but instead, how to build a stronger innovation ecosystem over time that will attract them here naturally,” write Chicago Booth’s Steven Kaplan and UChicago’s Samir Mayekar.

AI makes labor cheap and human touch more valuable
April 23, 2026 | Forbes
The standard fear about AI and employment gets the structural economics backward, Chicago Booth’s Alex Imas argues.

2026 Best & Brightest MBA: Chad Shimozaki, University of Chicago (Booth)
April 23, 2026 | Poets & Quants
“Making the decision to attend Booth was one of the best I have ever made,” says Full-Time MBA student Chad Shimozaki, who was featured in Poets & Quants’ annual list of Best & Brightest MBAs. “I achieved my professional goals, grew alongside brilliant classmates, and learned from professors who genuinely challenged me to think differently.”

How ‘jagged intelligence’ can reframe the AI debate
April 23, 2026 | The Irish Times
Chicago Booth’s Alex Imas says AI’s impact on the labor market "will depend on what tasks it automates and how and when."

SAS walks back pledge to go public, creates space for Goodnight succession options
April 22, 2026 | The News & Observer
A corporate acquirer “is likely to make lots of cuts” if the company it purchased isn’t growing and is overly bureaucratic, says Chicago Booth’s Steven Kaplan.

Kevin Warsh: Trump’s next fall guy at the Fed?
April 19, 2026 | Financial Times
“He’s been away from the Fed for many years, watching from the outside, so it’s reasonable to think that he will come in with a fresh view of how things should be done,” Chicago Booth’s Raghuram Rajan says of incoming Federal Reserve chair Kevin Warsh.

The economist who was terrified of AI just found a rare reason for hope
April 19, 2026 | Fortune
As AI commoditizes more of the economy, Chicago Booth’s Alex Imas says spending and employment will migrate toward the “relational sector”—jobs and services with a distinct human element such as nursing, teaching, therapy, and hospitality. “There’s a lot of jobs right now that have a relational component, which will become relational jobs,” he says.

Alex Imas on why economists might be getting AI wrong
April 18, 2026 | Bloomberg: Odd Lots
Chicago Booth’s Alex Imas discusses how AI might disrupt the labor market.

Corporate profits are at record highs. These 4 factors could sink them.
April 18, 2026 | The New York Times
Corporate concentration has been rising for a century, according to research from Chicago Booth, with fewer than 1 percent of corporations now accounting for more than 90 percent of profits.

Banks were promised deregulation. Now they could have to spend billions to log citizenship data.
April 16, 2026 | Business Insider
Chicago Booth’s Anil Kashyap weighs in on an upcoming executive order that would require banks to collect citizenship data from account holders.

How ‘jagged intelligence’ can reframe the AI debate
April 15, 2026 | The New York Times
“If a job involves a bunch of different tasks—and most jobs do—some tasks will be automated and some will not,” Chicago Booth’s Alex Imas says of AI implementation. “And if that is the case, the worker may have more time to do bigger things.”

How AI is reshaping MBA programs around the world
April 14, 2026 | Find MBA
“At its core, Booth’s approach to AI education emphasizes critical thinking and intellectual independence,” says Chicago Booth’s Sanjog Misra, faculty director of the Center for Applied Artificial Intelligence.

The economy is growing, jobs aren’t. Why that might be OK.
April 13, 2026 | The Wall Street Journal
Labor productivity increased coming out of the COVID-19 pandemic as workers moved into jobs they performed more productively, says Chicago Booth’s Chad Syverson.

Hate small talk? You may enjoy that ‘dull’ chat more than you think, say researchers
April 13, 2026 | The Guardian
“Just because you know where a conversation might start, doesn’t mean you know where it will end, and the process of having a conversation can often make it end up in a more interesting place than you expected,” Chicago Booth’s Nicholas Epley says of small talk.

These are signs you may be a ‘placeholder partner’ in your relationship
April 12, 2026 | The Washington Post
Dating apps “constantly make you think perhaps that there is somebody better out there,” says Chicago Booth’s Nicholas Epley.

High-IQ people have one peculiar habit that doesn’t make sense to an average person, says a behavioral scientist
April 10, 2026 | YourTango
Anthropomorphism, or giving human attributes to non-human things, is a sign of intelligence, says Chicago Booth’s Nicholas Epley.

February was not a great month for household budgets
April 9, 2026 | Marketplace
“The American consumer has been remarkably resilient, given a whole set of incredible shocks that have occurred over the last year,” says Chicago Booth’s Randy Kroszner.

Economists once dismissed the AI job threat, but not anymore
April 3, 2026 | The New York Times
After OpenAI released a ChatGPT model capable of reasoning in late 2024, Chicago Booth’s Alex Imas says he started thinking of AI as “potentially an industrial revolution-scale event, if not more.”

A check-in on manufacturing jobs, one year since Trump’s tariffs
April 1, 2026 | Marketplace
A year later after President Trump announced a slate of tariffs, the impacts on American manufacturing “have been pretty minimal,” says Chicago Booth’s Matt Notowidigdo.

When it’s okay to lie
March 30, 2026 | Hidden Brain
Chicago Booth’s Emma Levine discusses her research on when people find lies acceptable.

America’s wealthiest households hit $30 million as middle class lags
March 30, 2026 | TheStreet
Research by Chicago Booth’s Eric Zwick and Princeton’s Owen Zidar found that business ownership made up 34.9 percent of income for the top 1 percent in 2022.

Spending your money has never been easier
March 30, 2026 | Business Insider
Forms of payment like Apple Pay make it easy “to spend without even looking at the price, frankly, without even really pausing to internalize it,” Chicago Booth’s Abigail Sussman says of the modern shopping experience.

‘Markets are too optimistic about growth and the energy shock of the war in the Middle East,’ says Guido Lorenzoni of the University of Chicago
March 28, 2026 | FIRST Online
Chicago Booth’s Guido Lorenzoni discusses how the Iran War is affecting energy supplies and prices around the globe.

Energy-price shock hits a world already buried in debt
March 26, 2026 | The Wall Street Journal
As the Iran War causes an energy-price shock, “the impact is going to be felt much harder and sooner in many developing countries,” says Chicago Booth’s Raghuram Rajan.

Social media is making us miserable. So why can’t we quit it?
March 25, 2026 | WBEZ: Say More
“Addiction is hard—we know that,” says Chicago Booth’s Ayelet Fishbach. “What we might not know is that social media is addiction.”

Why investors are pulling out of private credit
March 24, 2026 | Marketplace
While private credit firms made many loans from 2021–2 when interest rates were low, they’re pulling back now that interest rates are higher and borrowers are more likely to default on payments, says Chicago Booth’s Amir Sufi.

Former Fed governor Randy Kroszner: Interest rates might stay higher for longer than we thought
March 20, 2026 | CNBC: Squawk on the Street
Chicago Booth’s Randy Kroszner discusses the uncertainty around interest rates amid the Iran War.

Oil price surge from Iran war will hurt US growth and fuel inflation, say economists
March 17, 2026 | Financial Times
In a poll by Chicago Booth’s Kent A. Clark Center for Global Markets and the Financial Times, 68 percent of economists said U.S. GDP growth would decline significantly if oil prices remain at $100 per barrel for the rest of 2026.

You’ve finally figured out AI at work—now comes the bill
March 17, 2026 | The Wall Street Journal
Chicago Booth’s Brian Jabarian says companies need to start measuring AI token use to understand whether AI is improving productivity.

The AI boom’s hidden victim: Taiwan’s fragile insurance sector
March 17, 2026 | CommonWealth Magazine
“The Taiwan dollar looks very undervalued by almost any measure,” writes Chicago Booth’s Chang-Tai Hsieh. “Taiwan’s current account surplus also now stands at an astonishing 20% of GDP, and will likely increase even more this year because of the AI boom.”

2025 most disruptive MBA startups: K1 Semiconductor, University of Chicago (Booth)
March 14, 2026 | Poets & Quants
“The Booth and UChicago community have consistently connected us to mentors, founders, industry leaders, and partners—opening doors wherever we go,” say Joseph McDonald, MBA ’25, and Muhammad Hashaam Asif, Full-Time MBA student. Last year, they won second place at Booth’s Edward L. Kaplan, ’71, New Venture Challenge with their semiconductor manufacturing company K1 Semiconductor.

‘A lot of life years lost’: How NAFTA shortened American life spans
March 13, 2026 | The New York Times
A new paper from Chicago Booth’s Matthew Notowidigdo and coauthors finds that after NAFTA went into effect in 1994, American workers in communities newly exposed to competition from Mexican imports had reduced life spans. “I think economists have probably had an overly rosy view of NAFTA,” Notowidigdo says.

The story behind Chicago Booth’s and MasterClass’s new $2,500 ‘business school,’ built with OpenAI
March 10, 2026 | Poets & Quants
Chicago Booth dean Madhav Rajan discusses MasterClass Executive, Booth and MasterClass’s new program built with collaboration from OpenAI. “At Chicago Booth, we believe the most effective learning is rigorous, evidence-based, and deeply personalized—and that’s precisely what drew us to this partnership,” Rajan says.

Are we facing an AI nightmare?
March 10, 2026 | Project Syndicate
“Even if incumbents are displaced, the new opportunities created by AI-induced cost reductions and productivity enhancements need not lead only to more AI,” writes Chicago Booth’s Raghuram Rajan. “They may also require the work of humans—as with the internet and the rise of influencers.”

2025 most disruptive MBA startups: Rayni University of Chicago (Booth)
March 9, 2026 | Poets & Quants
“Chicago’s entrepreneurial community has been a major asset,” say Sakshi Nag, MBA ’25, and Divyanshu Sharma, MBA ’25, who cofounded an agentic AI startup for scientists called Rayni. “The Booth community and the broader Chicago ecosystem are deeply connected, and the people are generous with time, feedback, and introductions.”

Iran war muddles expectations of likely Federal Reserve interest rate cuts
March 8, 2026 | Financial Times
“No one is looking at any one dataset or relying on one anecdote” to cut interest rates, said Mary Daly, president of the San Francisco Federal Reserve, at the 2026 U.S. Monetary Policy Forum, hosted by Booth’s Kent A. Clark Center for Global Markets.

Why the oil shock probably won’t derail the economy. And one way it might.
March 8, 2026 | The Wall Street Journal
Expectations around inflation depend on an individual’s own lifetime experience, according to a new paper by Chicago Booth’s Stefan Nagel and a co-author.

Blend of private and official data would better guide the Fed, research shows
March 6, 2026 | Reuters
Chicago Booth’s Anil Kashyap and a team of co-researchers found that including private data in government economic reports could help the Federal Reserve better anticipate changes in jobs and inflation. The economists presented their findings at the 2026 U.S. Monetary Policy Forum, hosted by Booth’s Kent A. Clark Center for Global Markets.

To understand why countries grow, look at their firms
March 5, 2026 | The Economist
American factories that are more than 40 years old employ seven times as many workers as those less than five years old, according to a study by Chicago Booth’s Chang-Tai Hsieh and Stanford’s Peter Klenow.

‘Stupendous potential’: Pay-per-mile auto insurance would cut costs and traffic violence
March 5, 2026 | Streetsblog NYC
If car insurance were charged by the mile, rather than at a flat rate, then “most people would choose to drive less,” says Chicago Booth’s Pascal Noel, reducing costs and crash risks.

‘The ideal number of human employees inside of any company is zero’: Why AI gives company owners what they think they want
March 5, 2026 | Fortune
AI may reduce businesses’ need for human workers, says Chicago Booth’s Alex Imas, but fewer workers mean fewer people will have money to buy those businesses’ products. “The people in the tech world like to think about supply, and nobody talks about demand,” he says.

For young adults, a credit score is a mystery—until it suddenly matters
March 3, 2026 | The Wall Street Journal
Chicago Booth’s Abigail Sussman says young Americans should view their credit score as a pie made up of different pieces, such as payment history, outstanding debt, and credit mix. “It gets at some aspects of your financial well-being, but it’s not a complete picture,” she says.

A world where all is free? That’s Elon Musk’s theory of ‘sustainable abundance.’
February 27, 2026 | The New York Times
If AI eliminates the need for human work, it would reshape the economic forces of supply and demand, says Chicago Booth’s Alex Imas.

Rajan says AI to disrupt India’s services sector, not derail
February 27, 2026 | Bloomberg
AI could increase demand in India for software firms and workers if they can retool and reskill quickly, says Chicago Booth’s Raghuram Rajan.

MasterClass is working with OpenAI to build a business school for the AI era
February 26, 2026 | Inc.
MasterClass Executive, a new joint program from Chicago Booth, MasterClass, and OpenAI, was launched to be “a modern day business school that is designed for the skills you need to learn in the AI era,” says David Rogier, MasterClass founder and CEO.

Raghuram Rajan on the impact of the ratcheting effect of the Fed’s QE program
February 23, 2026 | Macro Musings
Chicago Booth’s Raghuram Rajan discusses highlights from his time working at the International Monetary Fund and the Reserve Bank of India, as well as his recent research on the Federal Reserve’s quantitative easing.

Trump’s challenge to free market capitalism
February 22, 2026 | The New York Times
Globalization’s impact on American factory workers and communities supports an argument for fixing it, rather than pulling back from it, says Chicago Booth’s Raghuram Rajan.

7 key things to know about Trump’s tariffs after the Supreme Court decision
February 20, 2026 | NPR
Nearly all the costs of recent U.S. tariffs are being paid by American importers, not foreign exporters, per research by Chicago Booth’s Brent Neiman and Harvard’s Gita Gopinath.

Sonny Garg: What the Epstein files should teach business school students
February 20, 2026 | Crain’s Chicago Business
“Look beyond the prestige and watch how leaders treat people with no power,” Sonny Garg, AB ’89, MBA ’00, tells his students when considering jobs. “Choose environments that nurture your best self rather than ones that continuously test it,” writes Garg, an executive in residence at Chicago Booth’s Rustandy Center for Social Sector Innovation.

What economists get wrong with Luigi Zingales
February 20, 2026 | The American Compass
Chicago Booth’s Luigi Zingales discusses the difference between economic models and real-world applications, and how the field of economics can change.

Getting used to price increases isn’t easy
February 19, 2026 | Marketplace
The pricing variance of online shopping makes it impossible to accurately estimate an item’s cost, says Chicago Booth’s Jean-Pierre Dubé.

Typical class profile of a Masters in Management student
February 18, 2026 | Clear Admit
Application reviewers for the Master in Management Program focus heavily on a student’s career plans and preparation, says Wynne Strugatch, Chicago Booth’s associate director of student recruitment and admissions. “When students come into the Master in Management Program, we want them to have a strong sense of their goals—what types of work organizations and fields they want to go into,” she says.

Why the Fed relies on PCE data to inform monetary policy
February 18, 2026 | Marketplace
The personal consumption expenditures price index tends to be more dynamic and up to date than the consumer price index, according to Chicago Booth’s Randy Kroszner.

Hassett attacks NY Fed for study on tariff burden hitting U.S.
February 18, 2026 | Bloomberg
Chicago Booth’s Brent Neiman and his co-author have found that almost 100 percent of costs from recent tariffs were passed through to U.S. import prices.

Expert thoughts on Citi Double Cash Card
February 16, 2026 | WalletHub
“I think most people who own a credit card should choose a card with no fees,” says Chicago Booth’s Thomas Talhelm. “In my opinion, most of the perks that come with paid cards sound nice but don't actually have much practical value.”

Does ROI add up for the MBA?
February 11, 2026 | Financial Times
Hernando Bunuan, MBA ’07, says his Chicago Booth MBA not only increased his salary, but also helped him launch his venture capital fund, Z2Sixty Ventures.

Venture capital has a ‘dry capital’ problem. The software selloff could worsen it.
February 9, 2026 | The Wall Street Journal
“You have a massive amount of capital raised under one set of macro assumptions now operating in a very different reality,” Chicago Booth’s Emanuele Colonnelli says of the rising amount of unspent cash in venture funds.

Trump’s tariffs could push prices up further as more implemented
February 9, 2026 | The Center Square
The financial burden of new tariffs has largely been passed onto US businesses and consumers via higher prices, according to a paper by Chicago Booth’s Brent Neiman and a coauthor. However, due to implementation delays and exemptions, the complete impact of the tariffs has yet to be seen.

Economists reject Kevin Warsh’s claim that AI boom will enable rate cuts
February 8, 2026 | Financial Times
In a survey by Chicago Booth’s Kent A. Clark Center for Global Markets and the Financial Times, nearly 60 percent of economists said the AI boom will affect interest rates by less than 0.2 percent over the next two years.

Inside Elon Musk’s $1.25 trillion AI and space megamerger
February 5, 2026 | The Wall Street Journal
Chicago Booth’s Steven Kaplan compared the merger of Elon Musk’s companies SpaceX and xAI to business deals during the dot-com boom.

Inside the debate over Trump’s plan for over-the-counter medications
February 5, 2026 | Straight Arrow News
Chicago Booth’s Sam Peltzman has pitched making prescription drugs available over the counter automatically once they’ve been on the market long enough to confirm their safety.

Here is the common thread among college athletes accused of fixing games
February 5, 2026 | Chicago Tribune
Many of the college athletes accused of purposefully losing games in a federal indictment come from areas of low economic mobility, according to Chicago Booth’s Mark Mitchell. “These outcomes are not random, and they are not merely moral failures,” he writes in an op-ed.

Kevin Warsh channels Alan Greenspan in AI productivity bet
February 4, 2026 | Financial Times
“If it turns out that there’s going to be a bunch of spending now and you’re not going to get the benefits [on productivity] for a while, then that’s probably going to create a little bit of pressure on inflation,” Chicago Booth’s Anil Kashyap says of the AI boom.

The unsettling rise of AI real-estate slop
February 4, 2026 | The Atlantic
Shoehorning AI into real estate listings will likely make buying and selling less efficient and less profitable, suggests Chicago Booth’s Ayelet Fishbach.

Moltbook is a social network for AI bots. Here’s how it works
February 3, 2026 | Time
Moltbook, a new social network designed for AI agents, could provide lessons about the future of agentic AI interactions, says Chicago Booth’s Alex Imas.

The recharging benefits of silence
February 2, 2026 | CBS Chicago
Julie Thornton, Chicago Booth’s director of career management for Evening and Weekend Programs, outlines a four-step process for using silence to clear your mind.

Did Trump choose a ‘hawk’? Fed chair nominee Kevin Warsh
January 31, 2026 | The Asahi Shimbun
Chicago Booth’s Randall Kroszner discusses Federal Reserve chair nominee Kevin Warsh and his views on lowering interest rates.

Backsliding on your resolutions? Here’s how to get on track.
January 31, 2026 | The New York Times
Chicago Booth’s Ayelet Fishbach offers advice to keep your New Year’s resolutions, including to focus on what you’ve already accomplished instead of what remains to be done. “When you feel like you’re far from your goal, it’s harder to respond to setbacks,” Fishbach says.

President Trump wants lower rates. Warsh could have a hard time delivering.
January 30, 2026 | The New York Times
Chicago Booth’s Randall S. Kroszner weighs in on his former Federal Reserve colleague Kevin M. Warsh’s nomination for Fed chair.

Trump’s choice of Warsh to lead Fed could reshape the world’s most influential central bank
January 30, 2026 | Associated Press
Federal Reserve chair nominee Kevin Warsh has “a judicious temperament and both the intellectual understanding but also the hopefully diplomatic talents to navigate what is a challenging position at this point,” according to Chicago Booth’s Raghuram Rajan.

$14 trillion asset manager BlackRock unveils its newest weapon in Wall Street ‘alts’ talent war: profit sharing from private markets
January 30, 2026 | Fortune
“If an investor wants to hold a market portfolio, which is what indexers like BlackRock, Vanguard, and State Street want to do, firms have to offer alternatives,” Chicago Booth’s Steven Kaplan says.

Why private equity is suddenly awash with zombie firms
January 29, 2026 | Forbes
“If you had two good funds and then a bad fund, you have some hope,” Chicago Booth’s Steven Kaplan says. “You’ve got to convince people that the next fund will be better.”

Real humans of the Chicago Booth MiM Class of 2026
January 28, 2026 | Clear Admit
Clear Admit spotlights five Master in Management students who embody the program’s intellectual rigor, curiosity, and ambition. The students share why they chose Booth as well as their advice for other students considering the program.

Raghuram Rajan pins hopes on Sitharaman & Co. in an ‘extremely dangerous time’ for India
January 28, 2026 | The Economic Times
Chicago Booth’s Raghuram Rajan says India’s 2026–27 budget “should be integrated with a longer-term vision” to make the country more resilient, more economically independent, and faster growing.

Amazon to close physical ‘Go’ and ‘Fresh’ grocery stores
January 27, 2026 | Fox 32 Chicago
“Obviously, it doesn’t make sense to have 15 different channels like this,” Chicago Booth’s Jean-Pierre Dubé says of Amazon’s decision to close its brick-and-mortar Go and Fresh stores. “Amazon’s online grocery is just more aligned with its broader strategy of improving the delivery experience.”

How colleagues can build more trust with each other
January 27, 2026 | Forbes
Research by Chicago Booth’s Nicholas Epley finds that people often avoid self-disclosure, even though it can be beneficial.

‘Move in silence’: Science confirms keeping quiet about your goals actually helps you achieve them
January 24, 2026 | Upworthy
Studies by Chicago Booth’s Ayelet Fishbach find that while positive feedback about one’s commitment to a goal increases motivation, positive feedback about one’s progress decreases motivation.

‘There’s no free lunch’: How Wall St. learned to live with Trump’s barbs
January 23, 2026 | Financial Times
Chicago Booth’s Anil Kashyap discusses how finance executives are responding to President Trump’s unpredictability.

The upside of professional rejection
January 22, 2026 | The Atlantic
Those who are most likely to overcome rejection embrace discomfort, says Chicago Booth’s Ayelet Fishbach. They reframe it as “a sign that I’m pushing myself, that I am doing something new, that I’m developing as a person.”

Powell, an unlikely foil, takes on Trump
January 16, 2026 | The New York Times
Chicago Booth’s Anil Kashyap weighs in on the Justice Department’s criminal investigation into Federal Reserve chair Jerome Powell.

Chicago is missing the rebound in venture funding
January 15, 2026 | Crain’s Chicago Business
Venture capital funding in Chicago fell to a seven-year low in 2025. “The AI push has disproportionately favored California, and New York has become another hotbed,” says Chicago Booth’s Ira Weiss.

Nine things you’ll spend less on in retirement
January 14, 2026 | Kiplinger
Research by Chicago Booth’s Erik Hurst and his co-author finds that people spend less on food in retirement because they are more price conscious while grocery shopping and dining out.

Is passive investment inflating a stock market bubble?
January 14, 2026 | The Economist
The “inelastic markets hypothesis” from Chicago Booth’s Ralph Koijen and Harvard’s Xavier Gabaix—which says that stock demand does not fall as prices rise—suggests that arbitrageurs, such as hedge funds, have a weaker effect on markets than commonly thought.

Are central banks enabling unsustainable government deficits?
January 12, 2026 | Project Syndicate
“With the U.S. economy buoyant today and inflation still high, now would be the time for the Fed to reduce its holdings,” writes Chicago Booth’s Raghuram Rajan in an opinion column.

Fed turning dovish despite inflation risks; AI boom real but profits uncertain: Raghuram Rajan
January 12, 2026 | The Economic Times
Chicago Booth’s Raghuram Rajan discusses the Federal Reserve’s approach toward inflation and the economy’s growing investment in AI.

2026’s new ‘invisible expenses’—the quiet costs draining Americans’ budgets
January 9, 2026 | Go Banking Rates
A wide range of consumer products were reduced in package size by a median of 11 percent between 2006–18, providing evidence of “shrinkflation,” according to research published by Chicago Booth’s James M. Kilts Center for Marketing.

UChicago’s Rajan: Chance of one Fed cut in 2026
January 8, 2026 | Bloomberg Markets: The Close
Chicago Booth’s Raghuram Rajan discusses the state of the economy and what to expect from the Federal Reserve heading into 2026.

Experienced software developers assumed AI would save them a chunk of time. But in one experiment, their tasks took 20% longer
January 5, 2026 | Fortune
In a working study, Chicago Booth’s Anders Humlum found that productivity among employees in Denmark using AI tools only improved by 3%. “In the real world, many tasks are not as easy as just typing into ChatGPT,” he says.

In 2026, venture capital’s hunger for AI will be insatiable
January 5, 2026 | Fast Company
“New technologies come, and they’re transformative, and that drives a lot of investment,” Chicago Booth’s Steven Kaplan says of AI.

3 science-backed tips for making New Year’s resolutions more fun
January 4, 2026 | The Washington Post
Chicago Booth’s Ayelet Fishbach offers advice for making New Year’s resolutions, including to choose ones that you will enjoy and reframe them as something positive.

Why haven’t Trump’s tariffs had a bigger impact?
January 3, 2026 | The New York Times
In a new working paper, Chicago Booth’s Brent Neiman and Harvard’s Gita Gopinath estimate that U.S. importers took on 94 percent of tariff costs in 2025.