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Economic News Reports

Check out what's clicking on FoxBusiness.com Car repossessions are on the rise, and financial analysts fear the trend will continue, according to a report. The auto loan industry looks much different than it did at the start of the pandemic, when Americans got a boost from stimulus checks and lenders were more willing to accommodate…
Economy News: Rising car repossessions trend warning sign for economy, report says - Fox Business
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Posted: 2022-12-18 16:01:02

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IMF Video: Preparing for the Green Transition in Fossil Fuel Exporters – COP28

Preparing for the Green Transition in Fossil Fuel Exporters – COP28
Play Video: Preparing for the Green Transition in Fossil Fuel Exporters – COP28


The global energy transition poses macroeconomic challenges for fossil fuel exporting countries, including more uncertain hydrocarbon revenues, exports and investment inflows. How will these countries be impacted in the next decade and what policies can they adopt to harness opportunities in the transition to a lower carbon economy and mitigate possible macroeconomic disruptions? Panelists will share views on the scale of the challenge, as well as fiscal policy and diversification priorities to respond in a timely and coordinated way. PANELISTS: Fahad Alajlan, President, King Abdullah Petroleum Studies and Research Center (KAPSARC) Melissa C. Lott, Senior Director of Research, SIPA Center on Global Energy Policy; Professor, Columbia Climate School at Columbia University Mary Burce Warlick, Deputy Executive Director, International Energy Agency (IEA) Diego Mesa Puyo, Deputy Chief, Climate Policy Division, IMF Moderator: Eleni Giokos, CNN

Published: 9th Dec 2023 04:28:48   By: IMF

IMF Video: Addressing Governance and Corruption Challenges in the response to Climate Change - COP28

Addressing Governance and Corruption Challenges in the response to Climate Change - COP28
Play Video: Addressing Governance and Corruption Challenges in the response to Climate Change - COP28


Investing in climate change resilience requires large scale financing. The potential for corruption to exacerbate the challenge, undermine the effectiveness of the response and increase costs means that better governance must be at the heart of the climate response. Acting fast will mean leveraging the existing anticorruption architecture and catalyzing coalitions in a highly coordinated way. In this joint event with the World Bank, panelists will discuss corruption vulnerabilities that are specific to the green transition and how to address them. PANELISTS: Shuang Liu, China Finance Director, World Resources Institute Tsakani Maluleke, Auditor-General, South Africa Mark Robinson, Executive Director, Extractive Industries Transparency Initiative Moderator: Laury Haytayan, MENA Director, Natural Resource Governance Institute

Published: 8th Dec 2023 04:16:09   By: IMF

IMF Video: Energy Security and Climate Mitigation: Global Challenges for a Fragmented World – COP28

Energy Security and Climate Mitigation: Global Challenges for a Fragmented World – COP28
Play Video: Energy Security and Climate Mitigation: Global Challenges for a Fragmented World – COP28


Disruptions in global energy markets amid Russia’s war in Ukraine have exposed the vulnerabilities of fossil-fuel reliance and rekindled national energy security concerns. At the same time, rising geo-economic fragmentation could jeopardize the supply of minerals that are critical for the green transition. This event will explore how countries can strike a balance between promoting short-term energy security while remaining on track to meet the goals of the Paris Agreement. PANELISTS: Antonio Spilimbergo, Deputy Director of Research, IMF Anthony Agotha, Special Envoy for Climate and Environment, EU Meghan O’Sullivan, Director, Belfer Center for Science and International Affairs at Harvard University Atul Arya, Chief Energy Strategist, S&P Global Moderator: Landon Derentz, Director of Global Energy Security, Atlantic Council https://www.imf.org/en/Topics/climate-change/COP28

Published: 8th Dec 2023 01:19:05   By: IMF

IMF Video: The Right Data to Navigate the Green Transition and Maintain Economic Growth | COP 28

The Right Data to Navigate the Green Transition and Maintain Economic Growth | COP 28
Play Video: The Right Data to Navigate the Green Transition and Maintain Economic Growth | COP 28


In this joint session with the World Bank, panelists assess the types of data that policymakers need to understand the economic and financial risks associated with climate change, develop sound policies, and finance the transition. Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp

Published: 8th Dec 2023 03:42:15   By: IMF

IMF Video: Resilience & Sustainability Trust and Climate Finance: Stocktaking and the Way Forward | COP28

Resilience & Sustainability Trust and Climate Finance: Stocktaking and the Way Forward | COP28
Play Video: Resilience & Sustainability Trust and Climate Finance: Stocktaking and the Way Forward | COP28


The IMF is innovating to help countries meet the challenge: through a recently created instrument, the Resilience and Sustainability Trust (RST), it provides financing to countries facing long-term structural challenges, including climate change. Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp

Published: 5th Dec 2023 10:33:03   By: IMF

World Economic Forum Video: Redesigned Wind Turbine & What Is Climate Justice? | WEF | Top Stories of the Week

Redesigned Wind Turbine & What Is Climate Justice? | WEF | Top Stories of the Week
Play Video: Redesigned Wind Turbine & What Is Climate Justice? | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 This start-up has redesigned the wind turbine – It’s designed by US start-up Airloom. Which says it can generate the same amount of energy as a traditional turbine but at a fraction of the cost and size. It’s much smaller and uses far fewer materials, making it almost 10 times cheaper to build. Its design can generate electricity at one-third the cost of standard wind turbines. Its turbines should take up less space, too as conventional turbines have to be distanced from one another. 1:45 Cutting salt works as well as medication – Scientists have found that reducing salt intake by just 1 teaspoon per day can lower blood pressure as much as specific drugs for that purpose. Researchers put 213 people aged 50-75 on either a high- or low-sodium diet. After a week, the two groups swapped. The low-sodium diet led to a swift and pronounced drop in blood pressure roughly equal to a ‘first-line blood-pressure medication’, say the authors. 3:27 What is climate justice? – Climate change is a global crisis, but its impacts are felt unequally. For many, it's not just about rising temperatures and melting glaciers, but about the very survival of their communities. 6:11 How AI will open the world to disabled people – Victor Pineda, a Hispanic man in a wheelchair and using a machine to help him breathe, shares his experience of growing up in a world that wasn't designed for him. Denied education in his home country due to his disability, he found an opportunity in the US, where laws protected his right to learn. He sees AI as a chance to create customized learning experiences for diverse learners, a stark contrast to his exclusionary past. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #Davos #WEF23 #WorldEconomicForum

Published: 9th Dec 2023 01:00:20   By: World Economic Forum

World Economic Forum Video: Energy in Transition Navigating to Net Zero with Columbia University

Energy in Transition Navigating to Net Zero with Columbia University
Play Video: Energy in Transition Navigating to Net Zero with Columbia University


The speed and scale required to transform the global energy system is unprecedented and the path to net zero is unlikely to be a smooth one. With energy as the lifeblood of the global economy, such a rapid transition is bound to cause widespread upheaval, both economic and geopolitical. Join Jason Bordoff and Melissa Lott from the Center on Global Energy Policy at Columbia University as they discuss emerging tensions and contradictions and what approaches are needed on the path to net zero. The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #Davos #AMNC23 #WorldEconomicForum

Published: 5th Dec 2023 12:00:29   By: World Economic Forum

World Economic Forum Video: Visit Seoul in the Metaverse & Meat Grown From Stem Cells | WEF | Top Stories of the Week

Visit Seoul in the Metaverse & Meat Grown From Stem Cells | WEF | Top Stories of the Week
Play Video: Visit Seoul in the Metaverse & Meat Grown From Stem Cells | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 Visit Seoul in the metaverse – Seoul, the vibrant capital of South Korea, has taken a pioneering step into the digital realm by launching the world's first urban metaverse app. This immersive platform allows users to create personalized avatars and embark on a virtual journey through Seoul's iconic landmarks, including N Seoul Tower, Gyeongbokgung Palace, and the mayor's office. 1:48 This meat is grown from stem cells – Shiok Meats cultivates meat and seafood directly from animal stem cells. This innovative technology offers a promising solution to the environmental and ethical concerns associated with conventional animal agriculture. 6:33 Sugar prices are surging. Here's why – Sugar enthusiasts face a grim reality as global sugar prices have skyrocketed by 55% in just two months. This surge stems from severe droughts in India and Thailand, the world's second and third-largest sugar exporters, respectively. 8:11 Climate disaster insurance for island states – A global insurance scheme could protect 100 vulnerable nations against the spiralling costs of storms, droughts and rising seas. Small island developing states face losses of 50-300% of GDP to hurricanes and other climate events. Until now, small island states were seen as untouchable in insurance terms but new research from Cambridge University and the insurer Howden shows coverage remains possible by modelling the likely risks they face and using premiums funded by ‘donor’ countries. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #Davos #WEF23 #WorldEconomicForum

Published: 2nd Dec 2023 01:00:39   By: World Economic Forum

World Economic Forum Video: Technology that transforms: what an invention from 1450 can teach us about AI

Technology that transforms: what an invention from 1450 can teach us about AI
Play Video: Technology that transforms: what an invention from 1450 can teach us about AI


If you’re a ‘digital native’ - someone who can’t remember a world before the internet - you might feel you have a good idea of the role technology will play in your life and perhaps in that of future generations. But journalism professor Jeff Jarvis, author of a history of another transformative technology from more than five centuries ago - the printing press - says we can have no way yet of knowing where the internet, and AI, will take us. The book is called The Gutenberg Parenthesis (https://www.bloomsbury.com/us/gutenberg-parenthesis-9781501394829/) . Jeff spoke to us at the World Economic Forum's AI Governance Summit. AI Governance Alliance: wef.ch/AIGA (https://initiatives.weforum.org/ai-governance-alliance/home) AI Governance Summit: https://www.weforum.org/events/ai-governance-summit-2023/ Podcast links: AI Governance Summit 2023: State of Gen AI: Views from the Frontier (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-2023-state-of-gen-ai-views-from-the-frontier/) AI Governance Summit 2023: Gen AI: New Age of Governance (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-2023-gen-ai-new-age-of-governance/) AI Governance Summit: Transformation on the Horizon (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-transformation-on-the-horizon/) AI: Bringing stakeholders together to make AI work for us all (https://www.weforum.org/podcasts/radio-davos/episodes/generative-ai-episode-5-amnc/) Beyond AI: the top-10 tech of 2023 set to change our lives (https://www.weforum.org/podcasts/radio-davos/episodes/top-10-emerging-technologies-2023/) Check out all our podcasts on: wef.ch/podcasts (http://wef.ch/podcasts) Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) World Economic Forum Book Club Podcast (https://www.weforum.org/podcasts/book-club) - subscribe (https://pod.link/1599305768) Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) Join the World Economic Forum Book Club (https://www.facebook.com/groups/worldeconomicforumbookclub)

Published: 7th Dec 2023 11:59:55   By: World Economic Forum

World Economic Forum Video: How to Live Meaningfully with Climate Anxiety

How to Live Meaningfully with Climate Anxiety
Play Video: How to Live Meaningfully with Climate Anxiety


From a feeling of powerlessness to fearing that the future is too uncertain to have children, action is needed to tackle a hidden climate mental health crisis, say health experts. Join Britt Wray, Director of Stanford University's Special Initiative on Climate Change and Mental Health, to learn about the latest research, and how embracing “climate anxiety” could solve both mental health and ecological problems. The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #Davos #WEF23 #WorldEconomicForum

Published: 28th Nov 2023 12:00:47   By: World Economic Forum

Economic Video: Why Macy's real estate portfolio is the focus in buyout

Why Macy
Play Video: Why Macy's real estate portfolio is the focus in buyout


A report from the Wall Street Journal revealed Macy's (M) is considering a buyout offer from real estate investor Arkhouse Management and asset manager Brigade Capital Management worth $5.8 billion. While brick and mortar retail stores have faced an uphill battle in recent years, at the center of interest for most investors is Macy's real estate portfolio, which contains the crown jewel, New York City's iconic Herald Square location. Triangle Capital Co-Founder and Partner Richard Kestenbaum joins Yahoo Finance to discuss the potential buyout and Macy's real estate portfolio. Kestenbaum explains that since department stores have struggled, investors have taken a different approach, looking at the whole portfolio of departments stores, and ask "how do we make this investment worthwhile?" About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #macys #realestate #yahoofinance

Published: 11th Dec 2023 06:03:30   By: Yahoo Finance

Economic Video: ByteDance, GoTo to Strike Deal to Save Indonesia TikTok Shop

ByteDance, GoTo to Strike Deal to Save Indonesia TikTok Shop
Play Video: ByteDance, GoTo to Strike Deal to Save Indonesia TikTok Shop


ByteDance’s TikTok has struck an agreement to invest in a unit of Indonesia’s GoTo Group and cooperate on an online shopping service, pioneering a template for e-commerce beyond Southeast Asia’s biggest economy. Ed Ludlow and Caroline Hyde discuss on "Bloomberg Technology." -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.com/technology Connect with us on... Twitter: https://twitter.com/technology Facebook: https://www.facebook.com/BloombergTechnology Instagram: https://www.instagram.com/bloombergbusiness/

Published: 5th Dec 2023 09:04:02   By: Bloomberg Technology

Economic Video: BAE Systems in Nashua to get $35 million in funding to modernize microelectronics center

BAE Systems in Nashua to get $35 million in funding to modernize microelectronics center
Play Video: BAE Systems in Nashua to get $35 million in funding to modernize microelectronics center


BAE Systems in Nashua will be receiving $35 million in federal funding as a part of the CHIPS and Science Act. Subscribe to WMUR on YouTube now for more: http://bit.ly/1lOjX9C Get more Manchester news: http://www.wmur.com Like us: https://www.facebook.com/wmur9 Follow us: https://twitter.com/WMUR9 Instagram: https://www.instagram.com/wmur9/

Published: 11th Dec 2023 02:36:49   By: WMUR-TV

Economic Video: How stocks react to CPI data

How stocks react to CPI data
Play Video: How stocks react to CPI data


The November Consumer Price Index report will be released on the morning of Tuesday December 11. As Yahoo Finance's Jared Blikre explains in the video above, the CPI report has played a bit role in the rally so far this year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #cpi #stockmarket #yahoofinance

Published: 11th Dec 2023 05:59:17   By: Yahoo Finance

Economic Video: Cigna Calls Off Its Pursuit of Humana

Cigna Calls Off Its Pursuit of Humana
Play Video: Cigna Calls Off Its Pursuit of Humana


Cigna Group calls off its pursuit of fellow health insurer Humana and is instead going to buyback $10 billion in stock. Bloomberg's Katie Greifeld reports. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en

Published: 11th Dec 2023 05:00:57   By: Bloomberg Television

Business Video: UPenn President Liz Magill resigns following backlash over disastrous antisemitism hearing

UPenn President Liz Magill resigns following backlash over disastrous antisemitism hearing
Play Video: UPenn President Liz Magill resigns following backlash over disastrous antisemitism hearing


University of Pennsylvania President Liz Magill released a statement saying she was resigning following days of backlash over her testimony to a House committee exploring anti-semitism on college campuses. #CNN #News

Published: 9th Dec 2023 11:44:09   By: CNN

Business Video: Ty Cobb says he’s unsure Trump will testify again in fraud trial

Ty Cobb says he’s unsure Trump will testify again in fraud trial
Play Video: Ty Cobb says he’s unsure Trump will testify again in fraud trial


Former Trump White House lawyer Ty Cobb speaks to CNN's Erin Burnett about the former president attending his fraud trial and preparing to potentially take the stand again. #CNN #News

Published: 8th Dec 2023 02:45:00   By: CNN

Business Video: Tips for avoiding financial stress this holiday season

Tips for avoiding financial stress this holiday season
Play Video: Tips for avoiding financial stress this holiday season


CNN's Victor Blackwell speaks with Washington Post Personal Finance Columnist, Michelle Singletary about how to avoid financial stress this holiday season. #CNN #News

Published: 3rd Dec 2023 04:34:19   By: CNN

Business Video: Debunking Trump's Bacon Claim

Debunking Trump
Play Video: Debunking Trump's Bacon Claim


Former President Donald Trump claims the price of bacon has quintupled in the Biden era. CNN senior reporter Daniel Dale breaks down why that’s not true.

Published: 1st Dec 2023 07:57:37   By: CNN

Business Video: 'Go f**k yourself': Hear Elon Musk's message to advertisers abandoning X


Play Video: 'Go f**k yourself': Hear Elon Musk's message to advertisers abandoning X


Elon Musk, in his first interview with mainstream media since his antisemitic post on X, apologized for what he called his "dumbest" ever social media post. But he lashed out at advertisers leaving his platform because of rising antisemitism on X. Dana Hull, Bloomberg's Elon Musk reporter, joins Erica Hill to discuss. #CNN #News

Published: 30th Nov 2023 02:15:00   By: CNN

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