Cybercriminals Scam the Bank and Customers of Chase, Stealing $120,000
Banks have invested a significant amount of money on cybersecurity and fraud detection, but what happens when criminals are able to deceive bank workers with…
Business
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
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 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
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 (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
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
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
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
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
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
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…
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