Anyone who thinks that business school academics are indifferent to sustainability should read some of their recent writings. More open to debate is how to measure the proportion and effect of their work in the field, as well as how to incentivise more such research. In a paper in theContinue Reading
This week, the Federal Reserve will likely raise rates for the sixth consecutive time to combat inflation, which is still running at its fastest pace in nearly 40 years. The U.S. central bank has already hiked its benchmark short-term rate 3 percentage points since March, including three straight 0.75 percentageContinue Reading
From credit cards to mortgages, it’s suddenly a lot more expensive to borrow money. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to curb unrelenting inflation, with another rate hike likely on the way next week. “Borrowers are feeling the squeeze from both sidesContinue Reading
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Shares of ASML,Continue Reading
As pressure intensifies for business schools to be active citizens and demonstrate the societal impact of their work, one key managerial tool has been missing: rigorous data to help analyse, benchmark and improve their courses and research. Fresh initiatives now suggest some signs of progress. Alongside teaching more traditional skillsContinue Reading
This week, the Federal Reserve will likely raise rates by another three-quarters of a percentage point for the third consecutive time in an effort to cool down the high cost of living. The U.S. central bank has already raised interest rates four times this year, for a total of 2.25Continue Reading
(Bloomberg) — From an accelerated decoupling of the world’s two largest economies to a discussion on whether China might weaponize its vast holding of Treasuries, investors are outlining how US House Speaker Nancy Pelosi’s Taiwan trip may ripple across global markets. Most Read from Bloomberg Haven assets whipsawed as concernsContinue Reading
(Bloomberg) — The first hints that consumer belt-tightening is passing through to corporate earnings are coming in, posing a bigger risk to US equities than stock-selling by American households, according to Goldman Sachs Group Inc.. Most Read from Bloomberg High inflation and declining asset prices have started to strain householdContinue Reading
WESTLAKE, Texas–(BUSINESS WIRE)– Today and for the sixth consecutive year, Points of Light, the world’s largest nonprofit dedicated to accelerating people-powered change, recognized Charles Schwab among the 50 most community-minded companies in the U.S. For 10 years, The Civic 50 has provided a national standard for corporate citizenship and showcasesContinue Reading
Amid rising prices and a changing economy, many Americans question their ability to meet long-term financial goals, according to Country Financial’s Security Index. The survey polled 1,023 U.S. adults from March 18 to March 20, and more than half believe swelling costs may have a “big negative impact” on plansContinue Reading