Smith Brain Trust

In the fourth quarter of last year, the number of Americans paying $1,000 a month or more for a vehicle hit a record high of 15.7%.

Treasury payments towards the interest on the debt represent the federal government’s largest spending increase so far this year. As the Wall Street Journal reports, it’s contributing to a deficit for the first four months of this fiscal year that has widened to $460 billion, up 78% from $259…

When asked if she would issue the same call to action to corporations she gave them in 2020, Professor Rachelle Sampson said “I would.”

The Federal Reserve Board has engaged six of the biggest U.S. banks in a pilot Climate Scenario Analysis (CSA) to assess and “advance the ability of supervisors and banks to analyze and manage emerging climate-related financial risks.”

“If I were advising, I would think that it would be unwise for South Africa to conduct this exercise, especially in the vicinity of the anniversary.” That’s University of Maryland Robert H. Smith School of Business William E. Mayer Chair Professor of Finance, Lemma Senbet reacting to South Africa’s…

The stars were out Sunday night during Super Bowl LVII at State Farm Stadium—and not just the injured Patrick Mahomes leading the Kansas City Chiefs to a comeback win over the Philadelphia Eagles, or the pregnant Rihanna pumping up the crowd during the halftime show.

The unimaginable happened in March 2020. Many employers shuttered their offices and told their employees to work from home. Today, although office workers are still not coming in every day, offices across 10 major U.S. cities are over 50% filled for the first time since the pandemic started. 

Wall Street Journal reporter Justin Lahart has coined the term “richcession” to explain what might happen should a recession occur this year. According to him, the well-heeled would take a bigger hit than usual, even if we manage to narrowly escape an economic downturn.

In research published in the Journal of Accounting Research, Smith accounting professor Musa Subasi and his co-authors looked at how Thomson Reuters produces and distributes street earnings to better understand the role forecast data providers play in capital markets.

A new year brings a fresh start, a full slate of 365 days to work on improving oneself in one way or another. Ten Smith professors are sharing their New Year’s resolutions: