BLOOMINGTON, Ind. – Six years ago, Carvana made a startling admission, reporting in a prospectus that it might be subject to the effects of “so-called ‘fake news.’” The online car seller went on to say that while using “all available tools to defend the company,” there was little they could do to control it, “making… Read more »
Personal Finance
Relationship strength influences how people ask for repayment, research finds
Editor’s note: This article was written by Katrina Nickell. INDIANAPOLIS – Asking to be repaid can be an awkward conversation — especially depending on who owes you. New research from the Indiana University Kelley School of Business in Indianapolis reveals that the way people request money back is influenced by the closeness of their relationship… Read more »
Gig economy may serve as a substitute for those seeking other, more permanent work
BLOOMINGTON, Ind. – While traditionally laid off employees have relied on consumer credit and unemployment insurance to maintain consumption, research finds that the gig economy serves as a substitute for many seeking other, more permanent work. In a paper published in the Journal of Financial Economics, researchers matched anonymized data from on credit profiles with… Read more »
Research: Be cautious in following crypto-influencers’ investment advice; most gains disappear within days
BLOOMINGTON, Ind. – As cryptocurrency continues to grow in popularity, so have so-called crypto-influencers who offer advice about how to invest in crypto through their growing social media channels. But is their information of real investment value? Research from the Indiana University Kelley School of Business suggests that it isn’t. Writing in a recent issue… Read more »
Health savings accounts often overlooked as a financial strategy for building personal wealth
BLOOMINGTON, Ind. – Many experts have praised health savings accounts – commonly known as HSAs – for providing a triple tax break. Money is deposited pretax, can grow tax-free and is not taxed when it is spent, as long you as the expenses are eligible. During the pandemic, they have become an important way… Read more »