Economics

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Illustration of a couple in a kitchen reviewing reduced grocery spending after starting Ozempic-like GLP-1 drugs, per Cornell study.
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Cornell study links GLP-1 drugs like Ozempic and Wegovy to lower household food spending

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Households that start GLP-1 appetite-suppressing medications such as Ozempic and Wegovy reduce food spending within months, including at grocery stores and limited-service restaurants, according to new research from Cornell University based on linked survey responses and transaction data.

Óscar Landerretche won the election for dean of the Faculty of Economics and Business at Universidad de Chile and will take office on July 7, 2026.

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The Indian government has increased customs duties on gold, silver and platinum to curb imports and preserve foreign exchange reserves amid rising oil prices from the West Asia conflict.

As 2025 draws to a close, commentators on Slate’s What Next podcast say the U.S. economy under President Donald Trump shows signs of losing momentum, even as prices remain high. They argue that tariffs and policy uncertainty are adding to economic pressures and complicating the Federal Reserve’s interest rate decisions.

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A recent National Bureau of Economic Research report reveals that American families face $400 to $900 in yearly climate-related expenses. These costs stem from extreme weather events impacting insurance, energy, taxes, and health. The study highlights rising burdens, especially in disaster-prone areas.

The AI + Econ Salon was hosted on September 8, bringing together experts to discuss intersections of AI and economics. The event featured talks on economic impacts of AI technologies.

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