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Economic News Reports

A wave of retiring Baby Boomers means the generation will soon reach "peak burden" on the US economy, experts say.
Economy News: Baby Boomers are approaching 'peak burden' on the economy
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Posted: 2024-02-04 05:16:01

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YouTube Business News Playlists

IMF Video: Africa Perspectives: Worlds Apart: Exploring Inequality from an African Lens

Africa Perspectives: Worlds Apart: Exploring Inequality from an African Lens
Play Video: Africa Perspectives: Worlds Apart: Exploring Inequality from an African Lens


Join Professor Branko Milanović, senior scholar at the Stone Center on Socio-Economic Inequality of the City University of New York, and Abebe Aemro Selassie, Director of the IMF African Department, for a discussion on practical strategies that African policymakers can employ to effectively address and reduce inequality—and how the Fund can support them in these efforts. https://imf.org/africaperspectives

Published: 7th Nov 2024 01:59:16   By: IMF

IMF Video: Tenth Annual Richard Goode Lecture: International Lending in War and Peace

Tenth Annual Richard Goode Lecture: International Lending in War and Peace
Play Video: Tenth Annual Richard Goode Lecture: International Lending in War and Peace


University of Kiel Professor Christoph Trebesch presents some key trends in international capital flows across 200 years, focusing on turbulent episodes during war and peace, and illustrates the crucial role of official finance in helping avert military defeat or financial collapse. https://www.imf.org/en/News/Seminars/Conferences/2024/11/05/10th-annual-richard-goode-lecture

Published: 6th Nov 2024 02:15:51   By: IMF

IMF Video: Reassessing Policy Tools for Current and Future Challenges | 25th Jacques Polak ARC

Reassessing Policy Tools for Current and Future Challenges | 25th Jacques Polak ARC
Play Video: Reassessing Policy Tools for Current and Future Challenges | 25th Jacques Polak ARC


Join us for an engaging policy panel discussion at the 25th Annual Research Conference on reassessing policy tools for current and future challenges. Moderated by Pierre-Olivier Gourinchas, this discussion will feature insights from distinguished panelists Şebnem Kalemli-Özcan, Ricardo Reis, Isabel Schnabel, and Nathan Sheets. Join us on November 14 at 1:30 PM ET. https://imf.org/ARC

Published: 4th Nov 2024 07:40:29   By: IMF

IMF Video: 2024 Mundell-Fleming Lecture: Do Cash Transfers Stimulate the Macroeconomy?

2024 Mundell-Fleming Lecture: Do Cash Transfers Stimulate the Macroeconomy?
Play Video: 2024 Mundell-Fleming Lecture: Do Cash Transfers Stimulate the Macroeconomy?


Join us as Stanford University's Valerie Ramey delivers the 2024 Mundell-Fleming Lecture: 'Do Cash Transfers Stimulate the Macroeconomy?' at the Annual Research Conference. November 15 at 1:30 PM ET. https://www.imf.org/en/News/Seminars/Conferences/2024/11/14/2024-jacques-polak-annual-research-conference

Published: 4th Nov 2024 07:34:34   By: IMF

IMF Video: Opening Remarks | 25th Jacques Polak Annual Research Conference

Opening Remarks | 25th Jacques Polak Annual Research Conference
Play Video: Opening Remarks | 25th Jacques Polak Annual Research Conference


Managing Director Kristalina Georgieva and First Deputy Managing Director Gita Gopinath open the 25th Annual Research Conference. November 14 at 9:25 AM ET. https://imf.org/ARC

Published: 4th Nov 2024 07:31:37   By: IMF

World Economic Forum Video: IKEA HR chief shares decades of career lessons learned and what’s needed to bridge gender equity gap

IKEA HR chief shares decades of career lessons learned and what’s needed to bridge gender equity gap
Play Video: IKEA HR chief shares decades of career lessons learned and what’s needed to bridge gender equity gap


Last year, Ingka Group, the parent company for big retailer IKEA, reached near gender balance in leadership. This transformation did not come overnight and HR chief Ulrika Biesèrt discusses the mindset shifts and tangible changes in everything from hiring to development that helped make this possible for the 80-year-old company. Biesèrt also shares her own leadership journey, one that includes 27 years at IKEA and roles in every part of the company, including logistics, product development and retail. She explains how that breadth and depth shapes how she leads -- while also sharing the advice her mother gave her at the beginning of her career that has helped her get her voice heard.  Interview recorded Spring 2024.  Transcript: https://tinyurl.com/mserdr8z To learn more:  Global Gender Gap: https://www.weforum.org/publications/global-gender-gap-report-2024/ Related podcasts: 9 leaders from Microsoft, IKEA and more share advice for new grads: https://www.weforum.org/podcasts/meet-the-leader/episodes/9-leaders-share-advice-for-new-grads-2024/ Ingka Group's Jesper Brodin: The talent crisis you’re not talking enough about: https://www.weforum.org/podcasts/meet-the-leader/episodes/ingka-holding-jesper-brodin-refugees-hiring/  

Published: 6th Nov 2024 09:54:07   By: World Economic Forum

World Economic Forum Video: Growth for Green Jobs in 2023 & Cash Hoarding Affects EU Growth | WEF | Top Stories of the Week

Growth for Green Jobs in 2023 & Cash Hoarding Affects EU Growth | WEF | Top Stories of the Week
Play Video: Growth for Green Jobs in 2023 & Cash Hoarding Affects EU Growth | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 2023 saw highest growth for green jobs – The number of renewable jobs worldwide shot up by 18% last year, from 13.7 million in 2022 to 16.2 million in 2023. The rise was driven by the global surge in renewable generation capacity as well as continued growth in equipment manufacturing, according to a new report from IRENA and the ILO. 1:59 4 ways AI could save your life – AI can enable personalized care based on health risks in your local area. Mayo Clinic in the US has developed an AI-powered index which uses publicly available housing data to identify patients’ socio-economic situations so this information can be built into their healthcare provision. 5:38 Bridging the gender care gap at work – Caregiving is not shared equally between men and women. Women on average perform 4 times more unpaid care work than men, and they’re more likely than men to step back from their careers to act as caregivers. How can employers can help men and women close this gap? 8:43 Cash hoarding affects EU growth – Households in Europe are saving at their highest rate in years. This behaviour is measured by the household investment rate, which fell to 9.5% across the EU in the first quarter of 2024, its lowest level since 2021. Economic anxiety has also played a role in the rise in saving rates. _____________________________________________ 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 #WorldEconomicForum

Published: 2nd Nov 2024 01:00:35   By: World Economic Forum

World Economic Forum Video: CEO Climate Alliance | Gim Huay Neo

CEO Climate Alliance | Gim Huay Neo
Play Video: CEO Climate Alliance | Gim Huay Neo


With climate and biodiversity on the global agenda, the business benefits of net zero are clear, says Gim Huay Neo, co-chair of a Global Alliance of CEO Climate LeadersIn an open letter ahead of #COP29, the Alliance of CEO Climate Leaders calls for urgent action to combat climate change. Highlighting the critical role of collaborative leadership from business and government, the world's largest CEO-led climate community is advocating for ambitious, science-based targets to support climate action and spur investment. Read the full letter: wef.ch/COP29OpenLetter24 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 #WorldEconomicForum

Published: 31st Oct 2024 02:09:08   By: World Economic Forum

World Economic Forum Video: CEO Climate Alliance | Jesper Brodin

CEO Climate Alliance | Jesper Brodin
Play Video: CEO Climate Alliance | Jesper Brodin


Jesper Brodin, CEO of Ingka Group [IKEA], says businesses and governments need to work closely together to ensure the world meets climate targets. In an open letter to public and private sector leaders ahead of COP29, the Alliance of CEO Climate Leaders calls for urgent action to combat climate change. Highlighting the critical role of collaborative leadership from business and government, the letter advocates for ambitious, science-based targets to improve the business case for climate action and spur investment. Read the full letter: wef.ch/COP29OpenLetter24 #AllianceofCEOClimateLeaders 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 #WorldEconomicForum

Published: 30th Oct 2024 11:21:07   By: World Economic Forum

World Economic Forum Video: CEO Climate Alliance Letter | Ester Baiget

CEO Climate Alliance Letter | Ester Baiget
Play Video: CEO Climate Alliance Letter | Ester Baiget


Ester Baiget, Novonesis CEO, says ramping up existing nature-based solutions could cut global carbon emissions by 8%. In an open letter to public and private sector, leaders ahead of COP29, the Alliance of CEO Climate Leaders calls for urgent action to combat climate change. Highlighting the critical role of collaborative leadership from business and government, the letter advocates for ambitious, science-based targets to improve the business case for climate action and spur investment. Read the full letter: wef.ch/COP29OpenLetter24 #AllianceofCEOClimateLeaders #Climate #ClimateChange #COP29 #biosolutions 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 #WorldEconomicForum

Published: 30th Oct 2024 11:20:14   By: World Economic Forum

Business Video: Trump is almost 2 billion in debt and the amount is growing

Trump is almost 2 billion in debt and the amount is growing
Play Video: Trump is almost 2 billion in debt and the amount is growing


Former President Donald Trump's debt obligations currently amount to around $1.8 billion, and that amount is growing every month. CNN's Erica Hill speaks with Forbes senior editor Dan Alexander about Trump's financial situation. #CNN #News

Published: 1st Nov 2024 12:32:39   By: CNN

Business Video: Former CEO of Abercrombie & Fitch indicted on sex trafficking charges

Former CEO of Abercrombie & Fitch indicted on sex trafficking charges
Play Video: Former CEO of Abercrombie & Fitch indicted on sex trafficking charges


Mike Jeffries, the former CEO of Abercrombie & Fitch, has been indicted on 16 federal counts of sex trafficking and international prostitution in New York, and is accused of leveraging “a network of employees, contractors and security professionals” while he led the retailer. #CNN #News

Published: 22nd Oct 2024 07:15:00   By: CNN

Business Video: I test drove Volkswagen's electric revamp of its retro van. Is it worth $60,000?

I test drove Volkswagen
Play Video: I test drove Volkswagen's electric revamp of its retro van. Is it worth $60,000?


Struggling to regain popularity in America, Volkswagen is hoping the all-new ID. Buzz electric van can tug at vintage heart strings. Having grown up with an original VW gas powered van, CNN’s Peter Valdes-Dapena phoned in his brothers for this electric test drive. #cnn #news #carreview #car #volkswagen Produced by John General and Zach Wasser Senior Producer: Jackson Loo Reporting by Peter Valdes-Dapena Thumbnail courtesy Adobe Stock Photo/CNN

Published: 21st Oct 2024 03:14:28   By: CNN

Business Video: 'A toaster on wheels': Swisher reacts to Musk unveiling 'Robovan'


Play Video: 'A toaster on wheels': Swisher reacts to Musk unveiling 'Robovan'


CNN contributor Kara Swisher gives her take on Elon Musk's announcement of Tesla's "Robovan" and "Cybercab" vehicles. #CNN #News

Published: 11th Oct 2024 03:18:45   By: CNN

Business Video: Red Lobster’s new CEO explains what went wrong with endless shrimp

Red Lobster’s new CEO explains what went wrong with endless shrimp
Play Video: Red Lobster’s new CEO explains what went wrong with endless shrimp


Embattled Red Lobster has a new CEO, and he’s just 35 years old. CNN reporter Nathaniel Meyersohn sat down with Damola Adamolekun over some shrimp and lobster tail to chat the future of the seafood company and the young CEO’s approach to work. #cnn #news #redlobster Shot by Zach Wasser, Benjamin Evans, FJ Feng Editor/Producer: John General Senior Producer: Alexandra King Reporter: Nathaniel Meyersohn

Published: 4th Oct 2024 03:00:54   By: CNN

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Economy News: Baby Boomers are approaching 'peak burden' on the economy - Newscast

We’re About to Have Our Second Baby Boom—But Are We Ready?

Tue, 05 Nov 2024 11:11:00 GMT As political support grows for family-friendly policies and reproductive technology advances, America could be poised for a new wave of family building.

Baby Boomer-angs: New Banking Opportunities For The Generation That Won’t Go Away

Thu, 31 Oct 2024 19:06:00 GMT A new study found that 40% of adults with Baby Boomer parents expect that, within 10 years, their parents will need someone to take over the management of their finances.

Baby boomers have been America's secret weapon for fending off recession

Tue, 29 Oct 2024 16:59:00 GMT Baby boomers are pumping $76 trillion of savings into the economy, repelling recession, Ed Yardeni wrote. The generation is spending heavily on services, boosting payrolls and income, he wrote for ...

Where baby boomers are buying the most homes

Mon, 28 Oct 2024 07:20:00 GMT SmartAsset examined 2023 mortgage data for 40 of the largest U.S. metro areas to determine where baby boomers are buying homes at the fastest rate relative to the local population.

Be Worried Baby Boomers: Time to Move to Safe High-Yield Blue Chips Now

Fri, 18 Oct 2024 23:48:00 GMT With the youngest baby boomers (Americans born between 1946 and 1964) turning 60 this year and approaching retirement age, it is becoming increasingly important to focus on ultra-safe dividend ...


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