Randall Morck of the Alberta School of Business says economists too often regard people as "dynamic, stochastic optimization ...

Valero Energy (VLO) jumped on Venezuela regime-change hopes, but upside looks limited and valuation nears “Sell” levels. Read ...

Markets no longer wait for decisions—they move on sentences. In today’s economy, the most powerful trades are often executed before a policy exists, before a bill is drafted, sometimes even before a ...

The national debt looks out of control. But a new reality is setting in that may change the calculus and ensure broad ...

Hey Luv Doc, My question might be a bit complicated, but I feel I’ve been lost for months on this one. You see, me and my ex are talking again, and by talking I mean doing everything couples would, ...

Lacking a flux capacitor, or a crystal ball, crashes are sort of like major earthquakes for stock portfolios: We know they ...

The moment that paycheck hits your account, you're about to make decisions that will either keep you broke forever or set you ...

Quick Read EWJ returned 29% over the past year versus the S&P 500’s 17%. The hedged alternative DXJ returned 213% over five ...

In a sense, it sounds like that’s another facet of computational thinking that’s more relevant in the age of AI—the abstractions of statistics and probability in addition to algorithms and data ...

Lottery players love rituals, but the data-minded crowd is increasingly skeptical that any day of the week truly tilts the odds. The numbers suggest one weekday in particular looks like a dud for big ...

Let’s be real for a moment: we’ve all looked at those massive jackpot numbers on a billboard and thought, “What if?” It’s a ...