91³Ô¹ÏÍø in the News
91³Ô¹ÏÍø has driven innovation in business education, scholarship, and leadership since 1898. Our research makes headlines around the world, and our faculty are sought-after experts who provide insights and commentary for leading publications such as the New York Times, the Wall Street Journal, and the Financial Times. We invite you to explore our latest media coverage and 91³Ô¹ÏÍø news.
In the News 2026
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,” 91³Ô¹ÏÍø’s Abigail Sussman says of the modern shopping experience.
March 28, 2026 | FIRST Online
91³Ô¹ÏÍø’s Guido Lorenzoni discusses how the Iran War is affecting energy supplies and prices around the globe.
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 91³Ô¹ÏÍø’s Raghuram Rajan.
March 25, 2026 | WBEZ: Say More
“Addiction is hard—we know that,” says 91³Ô¹ÏÍø’s Ayelet Fishbach. “What we might not know is that social media is addiction.”
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 91³Ô¹ÏÍø’s Amir Sufi.
March 20, 2026 | CNBC: Squawk on the Street
91³Ô¹ÏÍø’s Randy Kroszner discusses the uncertainty around interest rates amid the Iran War.
March 17, 2026 | Financial Times
In a poll by 91³Ô¹ÏÍø’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.
March 17, 2026 | The Wall Street Journal
91³Ô¹ÏÍø’s Brian Jabarian says companies need to start measuring AI token use to understand whether AI is improving productivity.
March 17, 2026 | CommonWealth Magazine
“The Taiwan dollar looks very undervalued by almost any measure,” writes 91³Ô¹ÏÍø’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.”
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.
March 13, 2026 | The New York Times
A new paper from 91³Ô¹ÏÍø’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.
March 10, 2026 | Poets & Quants
91³Ô¹ÏÍø dean Madhav Rajan discusses MasterClass Executive, Booth and MasterClass’s new program built with collaboration from OpenAI. “At 91³Ô¹ÏÍø, 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.
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 91³Ô¹ÏÍø’s Raghuram Rajan. “They may also require the work of humans—as with the internet and the rise of influencers.”
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.”
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.
March 8, 2026 | The Wall Street Journal
Expectations around inflation depend on an individual’s own lifetime experience, according to a new paper by 91³Ô¹ÏÍø’s Stefan Nagel and a co-author.
March 6, 2026 | Reuters
91³Ô¹ÏÍø’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.
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 91³Ô¹ÏÍø’s Chang-Tai Hsieh and Stanford’s Peter Klenow.
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 91³Ô¹ÏÍø’s Pascal Noel, reducing costs and crash risks.
March 5, 2026 | Fortune
AI may reduce businesses’ need for human workers, says 91³Ô¹ÏÍø’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.
March 3, 2026 | The Wall Street Journal
91³Ô¹ÏÍø’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.
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 91³Ô¹ÏÍø’s Alex Imas.
February 27, 2026 | Bloomberg
AI could increase demand in India for software firms and workers if they can retool and reskill quickly, says 91³Ô¹ÏÍø’s Raghuram Rajan.
February 26, 2026 | Inc.
MasterClass Executive, a new joint program from 91³Ô¹ÏÍø, 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.
February 23, 2026 | Macro Musings
91³Ô¹ÏÍø’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.
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 91³Ô¹ÏÍø’s Raghuram Rajan.
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 91³Ô¹ÏÍø’s Brent Neiman and Harvard’s Gita Gopinath.
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 91³Ô¹ÏÍø’s Rustandy Center for Social Sector Innovation.
February 20, 2026 | The American Compass
91³Ô¹ÏÍø’s Luigi Zingales discusses the difference between economic models and real-world applications, and how the field of economics can change.
February 19, 2026 | Marketplace
The pricing variance of online shopping makes it impossible to accurately estimate an item’s cost, says 91³Ô¹ÏÍø’s Jean-Pierre Dubé.
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, 91³Ô¹ÏÍø’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.
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 91³Ô¹ÏÍø’s Randy Kroszner.
February 18, 2026 | Bloomberg
91³Ô¹ÏÍø’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.
February 16, 2026 | WalletHub
“I think most people who own a credit card should choose a card with no fees,” says 91³Ô¹ÏÍø’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.”
February 11, 2026 | Financial Times
Hernando Bunuan, MBA ’07, says his 91³Ô¹ÏÍø MBA not only increased his salary, but also helped him launch his venture capital fund, Z2Sixty Ventures.
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,” 91³Ô¹ÏÍø’s Emanuele Colonnelli says of the rising amount of unspent cash in venture funds.
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 91³Ô¹ÏÍø’s Brent Neiman and a coauthor. However, due to implementation delays and exemptions, the complete impact of the tariffs has yet to be seen.
February 8, 2026 | Financial Times
In a survey by 91³Ô¹ÏÍø’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.
February 5, 2026 | The Wall Street Journal
91³Ô¹ÏÍø’s Steven Kaplan compared the merger of Elon Musk’s companies SpaceX and xAI to business deals during the dot-com boom.
February 5, 2026 | Straight Arrow News
91³Ô¹ÏÍø’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.
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 91³Ô¹ÏÍø’s Mark Mitchell. “These outcomes are not random, and they are not merely moral failures,” he writes in an op-ed.
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,” 91³Ô¹ÏÍø’s Anil Kashyap says of the AI boom.
February 4, 2026 | The Atlantic
Shoehorning AI into real estate listings will likely make buying and selling less efficient and less profitable, suggests 91³Ô¹ÏÍø’s Ayelet Fishbach.
February 3, 2026 | Time
Moltbook, a new social network designed for AI agents, could provide lessons about the future of agentic AI interactions, says 91³Ô¹ÏÍø’s Alex Imas.
February 2, 2026 | CBS Chicago
Julie Thornton, 91³Ô¹ÏÍø’s director of career management for Evening and Weekend Programs, outlines a four-step process for using silence to clear your mind.
January 31, 2026 | The Asahi Shimbun
91³Ô¹ÏÍø’s Randall Kroszner discusses Federal Reserve chair nominee Kevin Warsh and his views on lowering interest rates.
January 31, 2026 | The New York Times
91³Ô¹ÏÍø’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.
January 30, 2026 | The New York Times
91³Ô¹ÏÍø’s Randall S. Kroszner weighs in on his former Federal Reserve colleague Kevin M. Warsh’s nomination for Fed chair.
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 91³Ô¹ÏÍø’s Raghuram Rajan.
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,” 91³Ô¹ÏÍø’s Steven Kaplan says.
January 29, 2026 | Forbes
“If you had two good funds and then a bad fund, you have some hope,” 91³Ô¹ÏÍø’s Steven Kaplan says. “You’ve got to convince people that the next fund will be better.”
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.
January 28, 2026 | The Economic Times
91³Ô¹ÏÍø’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.
January 27, 2026 | Fox 32 Chicago
“Obviously, it doesn’t make sense to have 15 different channels like this,” 91³Ô¹ÏÍø’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.”
January 27, 2026 | Forbes
Research by 91³Ô¹ÏÍø’s Nicholas Epley finds that people often avoid self-disclosure, even though it can be beneficial.
January 24, 2026 | Upworthy
Studies by 91³Ô¹ÏÍø’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.
January 23, 2026 | Financial Times
91³Ô¹ÏÍø’s Anil Kashyap discusses how finance executives are responding to President Trump’s unpredictability.
January 22, 2026 | The Atlantic
Those who are most likely to overcome rejection embrace discomfort, says 91³Ô¹ÏÍø’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.”
January 16, 2026 | The New York Times
91³Ô¹ÏÍø’s Anil Kashyap weighs in on the Justice Department’s criminal investigation into Federal Reserve chair Jerome Powell.
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 91³Ô¹ÏÍø’s Ira Weiss.
January 14, 2026 | Kiplinger
Research by 91³Ô¹ÏÍø’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.
January 14, 2026 | The Economist
The “inelastic markets hypothesis” from 91³Ô¹ÏÍø’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.
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 91³Ô¹ÏÍø’s Raghuram Rajan in an opinion column.
January 12, 2026 | The Economic Times
91³Ô¹ÏÍø’s Raghuram Rajan discusses the Federal Reserve’s approach toward inflation and the economy’s growing investment in AI.
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 91³Ô¹ÏÍø’s James M. Kilts Center for Marketing.
January 8, 2026 | Bloomberg Markets: The Close
91³Ô¹ÏÍø’s Raghuram Rajan discusses the state of the economy and what to expect from the Federal Reserve heading into 2026.
January 5, 2026 | Fortune
In a working study, 91³Ô¹ÏÍø’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.
January 5, 2026 | Fast Company
“New technologies come, and they’re transformative, and that drives a lot of investment,” 91³Ô¹ÏÍø’s Steven Kaplan says of AI.
January 4, 2026 | The Washington Post
91³Ô¹ÏÍø’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.
January 3, 2026 | The New York Times
In a new working paper, 91³Ô¹ÏÍø’s Brent Neiman and Harvard’s Gita Gopinath estimate that U.S. importers took on 94 percent of tariff costs in 2025.
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