Business

The World Bank Significantly Lowers its Growth Forecast for 2023 and Issues a Recessionary Warning

The World Bank Significantly Lowers its Growth Forecast for 2023 and Issues a Recessionary Warning

In response to what it perceives as generally deteriorating economic conditions, the World Bank slashed its global growth predictions from those it made in mid-2022.…
Despite Years of Opposition, France’s Government Announces Plans to Raise the Retirement Age

Despite Years of Opposition, France’s Government Announces Plans to Raise the Retirement Age

French President Emmanuel Macron is going at it again. The raising of France’s retirement age was included in a new pension reform proposal that was…
Corporate Behavior

Corporate Behavior

Corporate behavior refers to the actions and decisions made by a corporation, usually with regards to its impact on society, the environment, and stakeholders such…
In Spite of Recession Fears, the U.S. GDP Increased by 2.9% in the Fourth Quarter, More than Anticipated

In Spite of Recession Fears, the U.S. GDP Increased by 2.9% in the Fourth Quarter, More than Anticipated

Even if there are still uncertainties on whether growth would turn negative in the upcoming year, the U.S. economy ended 2022 in good form. The…
Social Return on Investment

Social Return on Investment

Social Return on Investment (SROI) is a framework for measuring the impact of a social or environmental initiative in monetary terms. It considers both the…
IMF Raises its Global Growth Forecast as Inflation Declines and Unexpected Consumer Spending Occurs

IMF Raises its Global Growth Forecast as Inflation Declines and Unexpected Consumer Spending Occurs

The International Monetary Fund (IMF) raised its predictions for global growth for the year on Monday (January 30, 2023), but it issued a warning that…
The Euro Zone’s Economy Unexpectedly Expanded in the Fourth Quarter, Allaying Worries of a Recession

The Euro Zone’s Economy Unexpectedly Expanded in the Fourth Quarter, Allaying Worries of a Recession

By reporting positive growth in the fourth quarter of 2022, the euro zone exceeded forecasts on Tuesday (January 31, 2023) and allayed concerns about a…
Calastone is Enlisted by WeLab Bank for Fund Automation

Calastone is Enlisted by WeLab Bank for Fund Automation

WeLab Bank, the first digital-only bank in Hong Kong, has chosen the funds processing network Calastone to automate every order for funds. In an effort…
How Companies may Increase the Retention of Workers Who are Coming Home from Abroad

How Companies may Increase the Retention of Workers Who are Coming Home from Abroad

International businesses are today up against a formidable obstacle. These businesses have numerous locations or operations all around the world. Employees are frequently sent on…
Important Fed Wage Inflation Indicator Increased Less than Anticipated in Q4

Important Fed Wage Inflation Indicator Increased Less than Anticipated in Q4

The fourth quarter saw a slower-than-expected growth in employment expenses, suggesting that inflation pressures on business owners have at least leveled off. The Labor Department…
Expanded EV Tax Incentives by the Biden Administration Benefit Tesla, Cadillac, and Others

Expanded EV Tax Incentives by the Biden Administration Benefit Tesla, Cadillac, and Others

In order to make more electric vehicles from Tesla, General Motors, and other automakers eligible for up to $7,500 in federal tax credits at higher…
Impact Investing

Impact Investing

Impact investing is an investment approach that seeks to generate positive social or environmental impact alongside financial returns. It aims to address social and environmental…
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