Lagging Governmental Commitment to Reduce Inequality Must Be Acted Upon, Top Economists Say
Group assembled by Nobel winner Stiglitz chides governments for ignoring pledge they signed to fight global poverty.
Group assembled by Nobel winner Stiglitz chides governments for ignoring pledge they signed to fight global poverty.
The reinsurer was set up to manage risk from the booming pension transfer and retail annuity markets.
The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.
Perhaps the 2020 downturn was just Part 1, BCA Research warns.
Some strategists say pandemic spending and other factors have severed the historic sequence.
In 2035, emerging markets will gain a slight edge, and they will have a clear lead by 2050: 47% to 27% of global capitalization.
Investors are sensing a regime shift in the market, but capturing it will take careful planning.
Several strategists are not sold on the Fed’s two-hike scenario, while the futures market expects just one.
Mission accomplished: Tightening probably won’t continue at the central bank’s meeting next week, says economist Ian Shepherdson.
Nobody yet knows how to monetize artificial intelligence, BCA Research warns.
The $309M transaction moves the liabilities to insurers Legal & General and RGA.
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.