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    Excerpt from WalletHub -- "If someone is agnostic about where to travel -- say she simply wants to visit Italy, broadly defined -- I think a good piece of advice is to travel to "second" cities that are less crowded and more reasonably priced. For example, rather than visiting Rome or Florence, go to Parma or Bologna. If someone must see Rome or Florence, and has a tight budget, I would plan on traveling off-season, right before or after the core tourist season, and look for travel, lodging, and entertainment coupons and deals."
  • Fit Small Business logo 192 x 144
    Excerpt from Fit Small Business -- "Cryptocurrency is treated as property for tax purposes. If you don’t convert it immediately to cash, you may have a capital gain or loss in the future when you eventually sell the currency. There is also the need to convert crypto into real currency for accounting and financial reporting purposes. For example, to report revenue, the crypto is required to be in your base currency, which is different from a company that has revenue in both dollars and euros but simply reports everything in dollars."
  • – Research Center Events

    David K. Backus Memorial Lecture

    September 18, 2017
    On September 18, 2017, the NYU Stern Center for Global Economy and Business hosted the inaugural David K. Backus Memorial Lecture featuring Professor and Nobel Laureate Thomas J. Sargent for a discussion entitled, “Risk Aversion or Mistaken Beliefs?”
  • daily beast logo feature
    Excerpt from The Daily Beast -- "David Yermack, the chair of New York University’s finance department who teaches courses on cryptocurrency, said buyers of any cryptocurrency should read the fine print to understand what they’re purchasing. 'You have to encourage people to do their homework on what they’re buying,' Yermack told The Daily Beast. 'You see people thinking they’re going to make a profit and flip this to someone more gullible next week. It’s what we in finance call the greater fool theory.'"
  • xinhua logo feature
    Excerpt from Xinhua -- "'We're awaiting the Trump administration's tax policy proposals, if what we hear is correct, we anticipate that they will propose to reduce the corporate tax down to about 20 or 25 percent,' Robert Salomon, associate professor at the Stern School of Business, New York University, told Xinhua in a recent interview. 'They will also attempt to reduce the individual income tax rates down to about the highest rate of 35 percent more or less,' he said."
  • nbc news online logo
    Excerpt from NBC News -- "'Modern economies depend on the provision of credit and the ability to quickly obtain household credit risk,' key efficiencies that the agencies provide. 'When there are public goods involved, the public sector should be involved to make sure there are protections for this data,' [Schoenholtz] said."
  • thestreet logo feature
    Excerpt from -- "...NYU finance professor Aswath Damodaran suggests that unless Bitcoin becomes widely used to conduct transactions, it's just 'a lucrative, but dangerous, pricing game with no good ending.'"
  • associated press logo feature
    Excerpt from the Associated Press -- "In a 2014 paper, two economists — Alexander Ljungqvist of New York University and Michael Smolyansky of the Federal Reserve — concluded that state corporate tax cuts did little to strengthen economic activity unless the cuts were made during a recession."
  • fortune logo feature
    Excerpt from Fortune -- "Nordstrom Local, the latest of the upscale retailer’s initiatives as it experiments with new delivery formats, promises an in-store bar with wine, beer, coffee, and juices; eight fitting rooms; alterations; convenient merchandise pick-ups and returns; manicures; and expert image consulting advice from its knowledgeable personal stylists. Instead of a point of sale, the Local aspires to become a physical manifestation of the Nordstrom brand, creating indulgent customer experiences that can be completed with purchases through any of the retailer's other channels."
  • Engadget logo 192 x 144
    Excerpt from Engadget -- "'There are some parallels with Japan's protectionism of its auto industry, which runs very deep in its political and economic system,' said Anindya Ghose, a China business expert at NYU's Stern School of Business. ... 'The fact that Facebook, Google, Twitter, Instagram and YouTube are all blocked in China has no doubt benefited the tech titans of China, such as Baidu, Weibo and Tencent,' said Ghose."
  • citylab logo
    Excerpt from CityLab -- "Public charging stations in the U.S., by comparison, clock in at just 16,000. Still, 'I don’t think there are more than a couple dozen publicly available charging stations in any city,' Sabrina Howell, a New York University finance expert who focuses on China, tells CityLab in an email."
  • sourcing journal online logo
    Excerpt from Sourcing Journal -- "In an interview with Sourcing Journal, Dorothée Baumann-Pauly, the research director and author of the new brief, said, 'There’s mounting evidence now that this universe of factories in Bangladesh is currently larger than any stakeholder is willing to acknowledge. If you now assume a universe of factories that’s larger than 8,000, that just shows that a lot of workers are still unprotected and fall outside of the scope of these programs.'"
  • find MBA
    Excerpt from Find MBA -- "In the EMBA program, classes will meet one weekend a month, which means that students from the surrounding area would be able to travel in for classes. The program takes just under two years to complete. Two specialty tracks will be available as part of the EMBA: Finance & Analytics and Strategy & Leadership. The program will also include a Global Study Tour, which is a week-long residency in a country outside of the US."
  • Talent Economy logo 192 x 144
    Excerpt from Talent Economy -- "'... very often, they might be too narrowly focused in their capabilities,' said Ari Ginsberg, professor of entrepreneurship and management at the NYU Leonard N. Stern School of Business. 'For the company to meet its high-growth potential, that requires a different kind of talent.'"
  • BusinessBecause
    Excerpt from BusinessBecause -- “The Internet under net neutrality has been an engine of growth for the tech sector and more broadly for the US economy. Killing it will have a devastating effect on entrepreneurs and new small businesses."
  • yahoo finance logo feature
    Excerpt from Yahoo Finance -- "I think a big part of the competition for the next digital device is going to be those connections they make to physical, real-world retail, getting the stuff that you want. And while Apple is a leader in digital commerce -- they've got the music, they've got iTunes -- they're still lagging behind in preparing for a reality where these mobile devices, they're not just the thing you show off to your friend or the thing you use to manage your digital life, they are the things that we use to interact with the physical world."
  • – Research Center Events

    $300K Entrepreneurs Challenge Kick-Off & Info Session 2017

    September 13, 2017
    $300K Entrepreneurs Challenge Kick-Off & Info Session 2017 feature
    NYU Stern’s $300K Entrepreneurs Challenge Kick-Off will be held on Wednesday, September 13. Stern's W. R. Berkley Innovation Labs invite all NYU students, faculty, researchers and alumni to compete in the $300K Entrepreneurs Challenge, one of the largest venture competitions and accelerator programs in the world.
  • – Research Center Events

    Environmental, Social, and Governance Factors in Portfolio Management

    September 13, 2017
    KMC Street View Feature
    The NYU Stern Center for Global Economy and Business will host a panel discussion entitled "Environmental, Social, and Governance Factors in Portfolio Management" on September 13, 2017.
  • – Faculty News

    Professor Scott Galloway comments on Apple's new iPhone X

    September 12, 2017
    cnbc logo feature
    Excerpt from CNBC -- "...their ability to do what American Express did with the black card and cement its position as the premier product with the iPhone X, I think it's just going to be interesting to see how cool and sexy and aspirational it is as they move towards quadruple digits for a phone and trying to cement their position as the luxury brand in tech."
  • metromba logo
    Excerpt from MetroMBA -- "The forum was titled, 'The Economic and Market Outlook.' NYU Stern Director of the Center for Global Economy and Business Kim Schoenholtz moderated the discussion, which featured three panelists, including: Citigroup’s Willem Buiter, Deutsche Bank’s Peter Hooper, and Berenberg’s Mickey Levy."
  • Label & Narrow logo 192 x 144
    Excerpt from Label & Narrow -- "While many might think that the internet is having a negative impact on labels and packaging, Serdari took the opposite approach. 'Everything happening online and through digital channels is affecting–in a positive way–how the field of packaging is evolving,' said Serdari."
  • find MBA
    Excerpt from Find MBA -- "At NYU Stern, students doing an MBA in general management can select up to three specializations—or choose not to specialize at all. As of fall 2016, Stern’s full-time and part-time MBA students can also choose FinTech as a specialization, a first among top business schools, and take electives from eight new courses. 'We have twice the enrollment expected in our inaugural Foundations of FinTech course, being taught for the first time this fall to undergraduates and in the spring to MBAs,' says Kathleen DeRose, FinTech Executive-in-Residence at NYU Stern. 'We're even expanding beyond the MBA program in our course offerings as the popularity of the newly created foundational course has been way above expectations.'"
  • poets and quants logo
    Excerpt from Poets & Quants -- "Not only is the center centrally located — four blocks from the Capitol building and 15 minutes from the airport and Union Station — but it also allows the program’s structure and infrastructure to be entirely owned by NYU and Stern. That’s something Sundaram points to as an important factor in deciding to take the EMBA to a new region. He adds that the proximity from New York to Washington makes for relatively short commute for professors who teach in the program."
  • Washington Business Journal logo 192 x 144
    Excerpt from the Washington Business Journal -- "Students can expect 'an intellectual espresso,' as Henry describes it — a high-impact, high-energy experience that includes social time, professional networking and a deep dive into coursework. Each student will complete about 20 classes, or 60 credits, and faculty will be hand-picked from the New York campus. Students also complete a global study tour, which consists of a week living in another market outside of the U.S."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "We need a serious approach to address the skills gap. What I'd like to see, for instance... So we have $2.5 trillion sitting off shore, and we were talking about tax reform. ... Even if you said to U.S. firms, we're going to allow you to bring all those $2.5 trillion assets back tax-free, just a 5% charge, to fund a national skills development pool, that would give you a $250 billion endowment to begin thinking about seriously addressing the skills gap, for instance. I've seen nothing that bold on the table to really say that we're going to address the downsides of globalization."