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Wednesday, November 20, 2019

All articles tagged Economy (21)

How the ICCR Works with Banks and Financial Institutions to Fight for Economic Justice and Human Rights for the Disenfranchised

How the ICCR Works with Banks and Financial Institutions to Fight for Economic Justice and Human Rights for the Disenfranchised

In a Nutshell: Over the last 49 years, the Interfaith Center on Corporate Responsibility (ICCR) has worked alongside banks and financial institutions to promote the reformation of company policies to help poor and disenfranchised Americans. One example is the organization's work with Wells Fargo to shape new policy in the wake of the bank's product sales tactics brought to light in 2016. ICCR has also pressured banking giants JP Morgan Chase and Wells Fargo to stop providing lines of... read more »

Origin Protocol Returns Economic Power to the People by Enabling Free Creation of Decentralized Marketplaces for Various Industries

Origin Protocol Returns Economic Power to the People by Enabling Free Creation of Decentralized Marketplaces for Various Industries

In a Nutshell: Origin Protocol allows individuals and businesses to create free decentralized marketplaces using the Ethereum blockchain. These marketplaces are already being used to create decentralized service platforms that are similar to those of popular providers such as Uber and Airbnb — but without transaction fees. The Origin platform unlocks the global economy for over 4 billion people worldwide. And by sharing identities across the platform, users can cultivate positive... read more »

Experts Predict a Slowdown in the U.S. Economic Growth Rate as Stimulus Momentum Dwindles and International Factors Come Into Play

Experts Predict a Slowdown in the U.S. Economic Growth Rate as Stimulus Momentum Dwindles and International Factors Come Into Play

In a Nutshell: The U.S. economy saw strong growth in 2018 that outpaced the economies of all of its G7 peers. While that growth is expected to continue, experts predict the growth rate will begin to slow in 2019. We recently spoke with Gregory Daco, the Chief U.S. Economist for Oxford Economics, about some of the factors at play in the economy’s growth. Daco also shed some light on how international events can impact the U.S. economy, and he discussed the recent government shutdown... read more »

EPI Research Shows Income Inequality Reduces the Buying Power of Lower-Wage Workers and Makes the Economic Pie Smaller for Everyone

EPI Research Shows Income Inequality Reduces the Buying Power of Lower-Wage Workers and Makes the Economic Pie Smaller for Everyone

In a Nutshell: As the economy grew in the decades following World War II, so did the income levels for a vast majority of workers. But in the 1970s, policymakers began to favor the interests of employers over employees — resulting in wage stagnation and rising income inequality. Researchers at the Economic Policy Institute argue this isn’t just bad for individuals but also for the economy. The EPI believes that only by enacting policies that favor workers can the U.S. ensure the... read more »

2018’s Top 10 Booming College Towns

2018’s Top 10 Booming College Towns

A 2017 study by TD Ameritrade found that nearly 50% of college graduates return home after receiving their diploma out of financial necessity. The financial strain of student debt, lack of job opportunities, and a high cost of living are just some of the reasons students choose to move back with their families, which for most, was never the intended plan. Some college towns, however, provide economically friendlier climates for recent grads and job seekers than others. The following... read more »

People’s United Advisors Chief Investment Officer John Traynor Shares His Insights on Tariff Impacts and America’s Future Economic Outlook

People’s United Advisors Chief Investment Officer John Traynor Shares His Insights on Tariff Impacts and America’s Future Economic Outlook

In a Nutshell: The US economy is always in flux to some degree and it garners much-deserved speculation from financial experts and investors alike. Recently, some of President Donald Trump’s policies have only bolstered conjecture on the topic. People’s United Advisors Chief Investment Officer John Traynor shared his expertise and some of People’s United’s insights into the economy, including the impact of tariffs, a positive outlook for economic growth in the near future, and... read more »

On the Issues Presents Political Candidates’ Stances Without Commentary so Voters Can Decide for Themselves

On the Issues Presents Political Candidates’ Stances Without Commentary so Voters Can Decide for Themselves

In a Nutshell: US politics is surrounded by an influx of voices espousing every opinion on countless issues — it can be overwhelming. Thankfully, On the Issues offers voters straightforward information about where political candidates stand on topics of public interest. The website was founded in 1999 ahead of the 2000 presidential election as a reaction to the news media’s lack of real coverage on issues. Since then, it has grown to include house, senate, gubernatorial, and other... read more »

CareerArc: How Retailers are Recruiting New Employees and Transitioning Seasonal Hires in the Modern, Connected Economy

CareerArc: How Retailers are Recruiting New Employees and Transitioning Seasonal Hires in the Modern, Connected Economy

In a Nutshell: Talent acquisition and retention present challenges for the retail industry especially with its high turnover, seasonal hiring, and competition for technically skilled workers. Retailers must also promote their unique brand values to recruit the quantity and quality of workers they need. CareerArc provides the software tools and access to employment channels to accomplish those tasks. Brands can use the Social Recruiting platform to optimize messaging to reach top... read more »

HomeStreet Bank Recognized with Editor’s Choice Award for Creating Employment Opportunities for Veterans

HomeStreet Bank Recognized with Editor’s Choice Award for Creating Employment Opportunities for Veterans

In a Nutshell: Most military veterans don’t return home to the parades and fanfare that welcomed past decorated heroes, and some even struggle to find employment once they’re back on US soil. HomeStreet Bank understands and appreciates the value and discipline trained military members bring to its company, which is why the institution provides veterans with extensive hiring opportunities. In addition to its hiring practices, HomeStreet also offers veterans an array of financial... read more »

Why Accountants are a Smart Hire for the Middle Class

Why Accountants are a Smart Hire for the Middle Class

In a Nutshell: Everyone needs help now and then — but sometimes realizing you need help is the hardest hurdle to jump. While many consumers and small business owners think accountants and CPAs are only for the ultra-wealthy, their services help people of all incomes create savings and trim expenses. The Pennsylvania Institute of Certified Public Accountants (PICPA) is one of the longest-running member-based groups for accountants and CPAs and offers opportunities for professionals... read more »