Borrowers live or die by their FICO scores — numbers that offer a snapshot of how reliable they've been in paying back their debts. But some 53 million Americans don't have such scores because their credit history is thin or nonexistent. Now the Fair Isaac Corporation (aka FICO), is testing a new measure that would open up credit to many of these people. Smith professors Cliff Rossi and Siva Viswanathan offer insights.
Under Armour Founder and CEO Kevin Plank and the Dingman Center for Entrepreneurship at the University of Maryland's Robert H. Smith School of Business announced today the corporate sponsors of the final round of the 2015 Cupid's Cup Business Competition. The event is from 6-8 p.m., Wednesday, April 22, 2015, at UMD’s Clarice Smith Performing Arts Center.
Traditional taxi operators have claimed victory with legislation that would legalize Uber, Lyft and other ride-share companies in Maryland, but Smith School professor Brent Goldfarb shares a different perspective with the Baltimore Sun. "They've got to claim some victory, but this is a flat-out loss for them," Goldfarb says. "For a win they would have had to put real restrictions on Uber's ability to operate because they can't compete
More is better than less. “It’s not complicated,” AT&T explains in its popular television ads. Similar reasoning does not apply in foreign currency exchange, where strong is better than weak — except when it isn’t. For U.S. consumers the dollar’s recent surge means cheaper imports, lower inflation and hot deals on international travel. But it also means lower demand for exports, which slows economic growth. Kristen
Surveys show little change in American attitudes toward gun control after mass shootings, and gun sales have been going up in recent years. But the stock market may tell a different tale. Investors appear to be skeptical of the long-term prospects of the gun industry's business model, according to new scholarship produced at the University of Maryland's Robert H. Smith School of Business.