Morningstar, Inc. has agreed to purchase the Center for Research in Security Prices (CRSP) from the University of Chicago for $375 million.

Anna Breman has been appointed as the new Governor of the Reserve Bank of New Zealand, marking a significant step in the bank's reform approach following the departure of Adrian Orr earlier this year. 

German Chancellor Friedrich Merz has appointed Martin Blessing to the new position of "Personal Representative for Investment", tasked with positioning Germany as an attractive destination for foreign investment.

Cologne, Germany – Claudia Steinwender, a prominent economist from LMU Munich, has been announced as the winner of the prestigious Hermann Heinrich Gossen Prize for her significant contributions to empirical trade and innovation economics.