New study shows that retirees are more likely to cash out smaller retirement accounts instead of turning them into steady income streams, even though they might do the opposite with larger accounts. This choice can hurt their long-term financial security, leaving them with less stable income in retirement. For financial companies, this behavior has implications in their ability to manage assets liabilities risks (ALM).

A new perspective work reveals insights into the development of bacterial biofilms, highlighting how these communities adapt to environmental stress through complex interactions between physical and biological processes occurring in the surrounding environment. The research could have broad implications for fields such as medicine, environmental science, and industry.

In a new essay, Dr. Micki Eisenman from The Hebrew University, Dr. William M. Foster from the University of Alberta and other researchers, explore how economic inequality is perpetuated by business education's acceptance of the neoliberal myth of meritocracy. Their analysis reveals how deeply ingrained narratives within business schools often mislead students about the nature of economic opportunity and reward.