Splits in GOP base make tax plan dead-on-arrival

After much debate and delays, congressional Republicans are scheduled to release their tax bill on Thursday. Elizabeth Sanders, professor of government at Cornell, studies economic regulations and political parties’ alignment. She says that disagreement on tax reform – as in the case of health care reform – is an indicator of how the Republican Party […]

Serious headwinds as Dow Jones passes 22,000 mark

On Wednesday, the Dow Jones industrial average broke through the 22,000-point mark for the first time in its history. Andrew Karolyi, professor of asset management and finance at Cornell SC Johnson College of Business, recently authored a paper about the shrinking number of exchange-listed firms in the U.S. He says that today’s milestone should prompt […]