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Jay L. Zagorsky

Since 1995 I have held the position of Research Scientist at The Ohio State University, where I collect data as part of the National Longitudinal Surveys on income, wealth, and life experiences of thousands of Americans. My personal finance research has been widely quoted in the media and has been highlighted in the Wall Street Journal, USA Today, Fox News, Good Morning America, Scientific American and numerous other news outlets.

Besides publishing numerous scholarly articles I wrote the book "Business Information: Finding and Using Data in the Digital Age" for McGraw-Hill/Irwin and "Business Macroeconomics: A Guide for Managers, Traders and Practical People." More information on the macroeconomics book can be found at http://businessmacroeconomics.com/.

I also teach at Boston University's School of Management. From 1988 to the present my teaching has spanned a wide range of levels from senior executives taking intensive classes to high school students encountering economic theories for the first time. I have taught giant lectures of over 450 students, classes of fifty, and small seminars with fewer than ten people.

My personal blog is found here http://u.osu.edu/zagorsky.1/

You can probably eat more Christmas cookies than you think - just take a look at the calorie guidelines

Dec 19, 2018 15:21 pm UTC| Insights & Views Life

Its that time of year when cookies, cakes, candy and treats show up at work, home and every place in between. As researchers who have investigated obesity, peoples body image, and fast food and other nutritional topics...

Why the unemployment rate will never get to zero percent – but it could still go a lot lower

Sep 24, 2018 07:27 am UTC| Insights & Views Economy

The U.S. Labor Department continues to release wonderful news for U.S. workers. Just this week, on Sept. 20, the agency said that the number of Americans filing for unemployment benefits reached the lowest level in...

What is full employment? An economist explains the latest jobs data

May 04, 2018 15:11 pm UTC| Insights & Views Economy

The latest jobs report has gotten a lot of analysts, policymakers and talking heads once again asking whether the U.S. is at full employment. The Bureau of Labor Statistics reported on May 4 that the U.S. unemployment...

GOP plan to tax college endowments like Yale's and Harvard's would be neither fair nor effective

Nov 08, 2017 15:04 pm UTC| Insights & Views Politics Economy

Tucked away in the recently announced GOP tax bill is a small item you may have missed: a new tax on university endowments. As I have spent decades working in higher education, the proposal immediately piqued my...

Economist who helped behavioral 'nudges' go mainstream wins Nobel

Oct 10, 2017 14:06 pm UTC| Insights & Views Economy

The 2017 Nobel Prize in economics was awarded to University of Chicagos Richard Thaler for his work in behavioral economics, which is the integration of economics with psychology. While the award was not a total...

The penny may be worthless, but let's keep it anyway

Aug 28, 2017 15:19 pm UTC| Insights & Views Economy

Governments have long waged a war on cash in an attempt to curb terrorism and tax evasion. Their focus has typically been on eliminating large denominations, like Europes 500 bill or Indias 1,000 rupee note. Two U.S....

Why Wall Street's Dow 20,000 is totally meaningless

Jan 26, 2017 07:27 am UTC| Insights & Views Economy

The Dow Jones Industrial Average just broke 20,000 for the first time. Traders and investors cheered this historic high of the worlds most famous stock market index, which is composed of 30 of the biggest and...

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Economy

Dollar Holds Near Two-Week High as Fed Rate Hike Bets Rise

The U.S. dollar held close to a two-week high on Monday as investors increased bets on a Federal Reserve interest rate hike following hawkish comments from Chair Kevin Warsh, while renewed tensions in the Gulf boosted...

Asian Currencies Mixed as Yen Nears 160, Oil Surges

Asian currencies traded mixed on Monday as the Japanese yen remained close to the critical 160-per-dollar level, while escalating U.S.-Iran tensions pushed oil prices higher and fueled risk aversion across financial...

Asian Tech Stocks Slide as Fed Rate Hike Bets Rise

Asian technology stocks fell sharply on Monday as hawkish comments from Federal Reserve Chair Kevin Warsh strengthened expectations for a September U.S. interest rate hike, while renewed U.S.-Iran tensions and rising oil...

China Manufacturing PMI Contracts Again as Recovery Remains Fragile

Chinas manufacturing sector remained in contraction territory for a second consecutive month in August, although improving factory orders helped slow the pace of decline. Services activity also weakened, highlighting...

Asian Stocks Fall as Fed Rate Hike Bets and Iran Conflict Rattle Markets

Asian stocks fell broadly on Monday as investors reacted to hawkish comments from Federal Reserve Chair Kevin Warsh and escalating U.S.-Iran tensions, which drove oil prices higher and renewed inflation concerns. The...

Politics

Trump Posts AI Video of Iran’s Kharg Island Exploding as Tensions Surge

U.S. President Donald Trump posted an AI-generated video depicting Irans Kharg Island oil hub being destroyed, adding to tensions after Washington and Tehran exchanged attacks for the first time since July. Kharg Island...

Nepal Seeks More China Glacier Data After Deadly Himalayan Flood

Nepal is pushing for stronger disaster data-sharing with China after a catastrophic Himalayan glacier collapse triggered floods and mudslides that killed nearly 800 people across both countries and left more than 3,000...

Iran Targets U.S. Forces in Jordan as Missiles Intercepted

Iran launched missile attacks targeting U.S. forces stationed in Jordan on Sunday, marking a fresh escalation in tensions between Washington and Tehran as military exchanges resumed across the region. Fox News reporter...

Iran’s Khamenei Urges Muslim, Gulf Unity Against ‘Real Enemy’

Irans Supreme Leader Mojtaba Khamenei has called on Muslim countries, particularly Gulf Arab states, to strengthen unity and confront what he described as their real enemy, arguing that divisions across the Islamic world...

Ukraine Seeks Early EU Funds to Cover $27B Defence Gap

Ukraines new Defence Minister Yevhenii Khmara has pledged to give Kyivs international partners a clear strategy for fighting Russia as the government seeks additional financing to address a $27 billion military budget...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Faraday Future Delivers First Robots in Middle East, Plans September Launches

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) has completed its first robotics sale and delivery in the Middle East, marking an early milestone in the electric vehicle and AI technology companys regional...

Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns

Pinterest Inc. (NYSE: PINS) shares fell sharply in after-hours trading on Friday after the social media company announced the resignation of Chief Financial Officer Julia Brau Donnelly, prompting investor attention on the...

PayPal Shares Sink as $50 Billion Takeover Bid Collapses

PayPal Holdings (NASDAQ: PYPL) shares plunged in extended trading after a consortium led by private equity firm Advent International and payments giant Stripe reportedly ended its pursuit of the digital payments company....

Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns

Nvidia has temporarily halted some deals tied to a recently introduced financing program for artificial intelligence cloud companies, amid internal concerns that the arrangement could attract greater antitrust scrutiny,...

Google Changes EU Spam Policy Amid Antitrust Scrutiny

Google has revised its spam policy in Europe after concerns from European Union regulators raised the possibility of a significant antitrust fine for Alphabet, the search giants parent company. The company said Friday that...