Consumers between the ages of 24 and 38 hold the largest discretionary spending power in the US, Meredith Whitney said in an op-ed. Original Image Link Source:www.msn.com
Wed, 23 Apr 2025 01:10:00 GMT As BI previously reported, the reliance of Gen Z and millennials on their parents has led to new conversations on when — or if — to cut off support. After all, Gen Zers are facing their own set of ...
Wed, 02 Apr 2025 17:00:00 GMT that so many Millennials are struggling financially compared to our Boomer parents. Spoiler: it’s not because we’re lazy or buying too many lattes – there are deeper economic shifts at ...
Fri, 28 Mar 2025 05:09:00 GMT Savings.com researchers are concerned about what helping their adult children could mean for U.S. parents should economic conditions worsen this year. What Will Gen Zers and Millennials Do Without ...
Mon, 24 Mar 2025 11:02:00 GMT Many say they are constantly overwhelmed by career demands, family responsibilities and social expectations, data from News ... millennials and younger generations feel as supported as their ...
Sun, 16 Mar 2025 06:16:00 GMT And by "we," I mean millennials ... in the economy are increasingly concentrated at the top. For many people, there is something at least a bit charming in recognizing their parents in themselves.
The Middle East and North Africa face growing uncertainty amid shifting global geopolitics, trade tensions, and weakening international cooperation. These global developments, combined with regional challenges such as conflicts and political instability, pose significant risks to economic stability. How can policymakers manage immediate threats while strengthening resilience against future shocks?
Join us for an engaging discussion with a distinguished panel of experts as we explore these critical issues, highlighted in the IMF’s forthcoming Regional Economic Outlook: Middle East and Central Asia. This event is held in partnership with the Dubai International Financial Centre (DIFC).
Event details:
Date: Thursday 1 May 2025
Time: 11:15am – 12:15pm Dubai Time
Opening remarks:
Alya AlZarouni - Chief Operating Officer, DIFC Authority
Panellists:
Jihad Azour - Director, Middle East and Central Asia Department, IMF
Helima Croft - Head of Global Commodity Strategy & MENA Research, RBC Capital Markets
Ahmed Galal Ismail - CEO, Majid Al Futtaim Holding
Tarik Yousef - Director and Senior Fellow, Middle East Council on Global Affairs
Moderator:
Joumanna Bercetche - Anchor, Bloomberg Television
Published: 1st May 2025 08:28:14 By: IMF
IMF Video: Middle East and North Africa Regional Economic Outlook: Three Key Messages
Jihad Azour, Director of the IMF's Middle East and Central Asia Department, shares three key messages from the latest economic outlook for the Middle East and North Africa region. Discover how rising global uncertainty, regional conflicts, and the need for stronger resilience are shaping the region’s economic prospects.
Read the full report: https://www.imf.org/en/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025?cid=sm-com-ig-SM2025-REOMCDEA2025001
Published: 1st May 2025 02:52:56 By: IMF
IMF Video: New Economy Forum: Towards an AI-Ready Workforce: A Strategic Public-Private Collaboration
An engaging discussion on the opportunities and challenges presented by AI in the labor market, along with the policies needed to build an adaptive, AI-ready workforce. As AI continues to transform industries, governments and the private sector need to work together to address skill gaps, facilitate workforce transformation, and ensure equitable access to AI-driven opportunities. How is AI being used by workers? How can governments and businesses collaborate to reskill workers and prepare them for an AI-powered economy? What strategies can be implemented to mitigate job displacement while fostering innovation?
Published: 30th Apr 2025 03:03:26 By: IMF
IMF Video: New Economy Forum Workshop: AI and GovTech in Public Finance
Fiscal institutions in ministries of finance worldwide have been advancing the digital transformation of public finance, recognizing the potential of digital technologies to enhance their operations. Among these technologies, AI has sparked particular interest, with governments exploring its applications across various areas. Governments must grapple with both the potential of AI and the complexities of scaling its implementation effectively and responsibly.
At the same time, governments, especially in emerging and developing economies, face challenges that hinder progress in digitalizing fiscal operations, including outdated systems, limited interoperability, and difficulties to establish governance frameworks. This workshop comprises two panels to explore how governments are leveraging technologies and how the surge in AI interest has accelerated innovation and raised new expectations, including with AI use cases, setting up projects effectively, and approaching AI responsibly.
Global economic uncertainty has been on an upward trend over the past few decades, reflecting a confluence of factors, including growing geopolitical tensions, increasing political polarization, and the rising frequency of conflict, climate, and health-related shocks. Recent IMF research points to the large and adverse economic impacts of high uncertainty. Amid the recent surge in global uncertainty, what policy actions can help mitigate its impacts across economies in the Middle East and Central Asia? How can economic policymaking foster resilience?
Join us online for an engaging discussion with a distinguished panel of experts as we explore these critical issues.
From integrating next-generation technologies into curricula to addressing national perceptions of cultural issues, education is at a pivotal moment in ensuring that it adequately trains and teaches future generations.
In this town hall, leaders debate what success can look like for education globally.
This is the full audio from a session at the World Economic Forum's Annual Meeting on 22 January, 2025. Watch it here: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2025/sessions/debating-education/
Speakers:
Sian L. Beilock, President, Dartmouth
Michael Spence, President and Provost, University College London (UCL)
Lawrence H. Summers, Charles W. Eliot University Professor, Harvard Kennedy School of Government
Raquel Bernal, President, Universidad de los Andes
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Published: 30th Apr 2025 12:09:39 By: World Economic Forum
World Economic Forum Video: ‘Wild-to-wild’ Jaguar Release & The Origin of Microfinance | WEF | Top Stories Week
This week's top stories of the week include:
0:14 These horses help prevent wildfires —The region of Galicia has always been prone to wildfires. It’s also home to ‘las bestas’. Europe’s largest herd of wild horses. These animals are deeply embedded in the local culture. The bestas also play a crucial role in curbing Galicia’s wildfires.
2:31 How meditation can benefit workers — David Ko is the CEO of Calm, an app for meditation, sleep and stress management. It has been downloaded more than 175 million times worldwide. Meditation sounds like a big, weighty concept, Ko says but it doesn’t need to be.
6:21 Argentina's ‘wild-to-wild’ jaguar release — Mini is a 2-year-old jaguar born in the wild and the first ever to be ‘translocated’ or moved for conservation purposes. Mini was captured in late 2024 and she’s just been released in El Impenetrable National Park where rewilding experts hope to boost jaguar numbers and bridge the gap between scattered groups.
7:53 The origin of microfinance — In 1974 Muhammad Yunus was an economics lecturer at Chittagong University. Yunus set out to help those affected by poverty and famine. Today, the bank he founded provides micro-loans to 10.7 million people from more than 2,500 branches across Bangladesh.
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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.
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Published: 26th Apr 2025 12:00:23 By: World Economic Forum
World Economic Forum Video: Platon has photographed the most powerful people in the world, he tells us what makes a real leader
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/
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#WorldEconomicForum
Published: 23rd Apr 2025 12:11:16 By: World Economic Forum
World Economic Forum Video: ‘I’ll show you a real leader’ - Platon, the photographer of power, on finding humanity in all of us
Platon has made over 20 Time magazine covers with his portraits of people like Donald Trump, Bill Clinton, Barack Obama, George Clooney, Silvio Berlusconi, Mohammed Ali, Adele and Sinead O'Connor. But he has also photographed people who are the opposite of famous and powerful - and recently published a book called The Defenders: Heroes of the Global Fight for Human Rights - which contains work done over 15 years around the world telling the stories of refugees and other oppressed people. He tells us what makes a true leader, and how the meaning of a photograph can change over time, and depending on who is looking at it.
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/
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Flipboard ► https://flipboard.com/@WEF
Platon's website: www.platonphoto.com
Platon's YouTube channel: https://www.youtube.com/@PlatonPhoto
Platon's Instagram: https://www.instagram.com/platon
#WorldEconomicForum
Published: 21st Apr 2025 02:00:23 By: World Economic Forum
World Economic Forum Video: 3 Economic Trends of 2025 & AI Triggers Copyright Concerns | WEF | Top Stories Week
This week's top stories of the week include:
0:14 3 economic trends of 2025 – What’s really driving the world economy? While news moves fast, long-term economic trends take months, even years to emerge. To find out what major issues will shape the world’s economic future, we sat down with 5 Chief Economists.
9:29 How microplastics harm plant growth – Tiny pieces of plastic can reduce photosynthesis by up to 18%, says a new report. Reduced photosynthesis can hamper crops’ ability to grow and flourish and it could put 400 million more people at risk of starvation in the next 25 years, say the study’s authors, by reducing yields of staple crops and seafood.
11:06 Climate change may reduce wealth – A new study from scientists at the University of New South Wales, Australia established economic forecast models but factored in climate change data to predict the hit on global supply chains. Even a 2°C temperature rise would have a huge effect on the average person’s wealth. Knocking 16% off the average global GDP per person, much higher than previous forecasts which pegged the impact at just 1.4%.
12:39 AI triggers copyright concerns – GenAI models are evolving into sophisticated ‘style engines’. Copyright law protects expression, not ideas, it doesn’t extend to styles – whether ‘expressionism’, ‘dada’ or ‘disco’. This loophole allows for inspiration and artistic freedom. But when a style is as distinctive as Studio Ghibli’s, it gets more complicated, because replicating it could threaten their income and artistic legacy.
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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
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Flipboard ► https://flipboard.com/@WEF
#WorldEconomicForum
Published: 17th Apr 2025 05:19:04 By: World Economic Forum
Reuters Video: Apple braces for tariff impact, trims buyback | REUTERS
Apple trimmed its share buyback program by $10 billion, with CEO Tim Cook telling analysts that tariffs could add about $900 million in costs this quarter
#News #Reuters #Newsfeed
Read the story here: https://reut.rs/3RKe2pN
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Published: 2nd May 2025 06:57:21 By: Reuters
Reuters Video: Stocks close sharply higher, lifted by Microsoft, Meta | REUTERS
US stocks advanced with the Dow and S&P 500 posting their eighth straight session of gains after strong results from megacaps Microsoft and Meta eased concerns about artificial intelligence spending.
#wallstreet #nasdaq #usastocks #meta #microsoft #News #Reuters #Newsfeed
Read the story here: https://reut.rs/42YvEne
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Published: 2nd May 2025 12:41:46 By: Reuters
Reuters Video: Charles Schwab CEO sees 'pullback in risk taking' in April | REUTERS
Investors reacted to April’s market turmoil by reducing risk and shifting toward bonds and non-US stocks, said Charles Schwab CEO Rick Wurster in a Reuters NEXT Newsmaker interview.
#charlesschwab #investors #markets #News #Reuters #Newsfeed
Read the story here: https://reut.rs/4k3ykH5
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Published: 1st May 2025 10:50:17 By: Reuters
Reuters Video: General Motors cuts 2025 profit forecast | REUTERS
General Motors cut its 2025 profit forecast after receiving some clarity and a reprieve from the White House this week on automotive tariffs.
#News #Reuters #Newsfeed #GeneralMotors #Autos
Read the story here: https://reut.rs/4k342UT
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Published: 1st May 2025 06:23:29 By: Reuters
Reuters Video: Ryanair might drop Boeing order if tariffs impact price | REUTERS
Ryanair, Europe's largest low-cost carrier, threatened to drop an order of planes from Boeing if US tariffs affect the price of the planes, CEO Michael O'Leary said. He added that he would consider Chinese planemaker COMAC
#tariffs #airlines #boeing #News #Reuters #Newsfeed
Read the story here: https://reut.rs/3GARxRR
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Published: 1st May 2025 05:29:52 By: Reuters
Business Video: Anthony Scaramucci reacts to Walz firing after ‘9.2 Scaramuccis’
President Donald Trump announced Thursday that he would nominate national security adviser Mike Waltz to serve as UN ambassador, after widespread reports that Trump planned to oust him, in the first major staff shakeup since the president took office in January.
00:00 Kaitlan Collins hosts a panel and Anthony Scaramucci.
10:18 Anderson Cooper with John Bolton's reaction.
16:04 Erin Burnett and Jeff Zeleny with the latest.
#CNN #News
Published: 2nd May 2025 02:16:05 By: CNN
Business Video: Apple CEO estimates tariffs could cost $900 million this quarter
CNN's Erin Burnett and a panel of experts discuss tariffs in the wake of Apple's devastating new estimate of an extra $900 million in costs as a direct result of the escalating trade war. #CNN #News
Published: 2nd May 2025 12:36:23 By: CNN
Business Video: New economic reporting paints a bleak picture as consumers, businesses brace for tariff impact
American Compass Chief Economist Oren Cass speaks with CNN's Jake Tapper about how to process the volatility in the stock market, and what we may stand to both lose and gain as the tariff countdown ticks on. #CNN #News
Published: 1st May 2025 10:22:14 By: CNN
Business Video: US is weeks away from supply chain disruptions
Some of the last cargo ships carrying Chinese goods without crippling tariffs are currently drifting into US ports. Come next week, though, that will change. Cargo on ships from China loaded after April 9 will carry with them the 145% tariff President Donald Trump slapped on goods from that nation last month. CNN's Vanessa Yurkevich reports. #CNN #News
Published: 1st May 2025 03:06:36 By: CNN
Business Video: GM CEO on how Trump's tariffs will impact car prices
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year, according to a GM letter to shareholders. CNN's Erin Burnett interviews GM CEO Mary Barra about the impact of Trump's tariffs. #CNN #News