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Researchers find that owning an iPhone or iPad is the number-one way to guess if you’re rich or not

A new paper from University of Chicago economists attempts to infer demographics based on people's consumer behavior or media consumption. The researchers found that "no individual brand is as predictive of being high-income as owning an Apple iPhone" based on 2016 data.

Study finds refugees actually pay the US government thousands more than they get from it

A new study from the National Bureau of Economic Research found that refugees paid $21,000 more in taxes than they got in any kind of welfare payments.

There’s an economic explanation for why so many more Southerners die of heart disease

It's not just the Southern diet that is raising the rates of heart disease.

Kids from big families may be less likely to succeed

Researchers found that the more children a family has, the worse the cognitive and behavioral outcomes the kids will have.

Here’s what happened the last time the US welcomed a huge group of refugees

Nothing significant happened to the wage and to the unemployment rate when refugees last poured into the US.

US startups are on the decline, and it’s terrible news for the economy

The US economy has been supported by high-growth startups for years, and now they're disappearing.

Immigrant women adjust incredibly well to the US economy

Female immigrants are significantly impacted by the culture of their home countries, but no matter where they're from, they adapt quickly to the US economy.

Today’s US veterans are less educated, less healthy, less wealthy, and less employed than veterans 20 years ago

From wealth and retirement to health, aging veterans are much worse off than they were just 20 years ago.

A powerful force holding back the economy today is the mind

The only reason that the economy can't break out of the funk of the Great Recession is because everybody is scared of the recession yet to come.

Americans are conceiving fewer children on really hot days

As the days with temperatures about 80 degrees increases, so do the risk of dangerously low-weight births.