Chicago Booth in the News

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.