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Economic News Reports

The Fed's plans to cut interest rates seems to be driving up stocks and your 401(k). But it's mostly the economy and earnings.
Economy News: Why is my 401(k) rising? More fed rate cuts on the way? We answer your economy questions
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Posted: 2024-03-25 08:35:24

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YouTube Business News Playlists

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: COP29 Event – Destination Net Zero: The Urgent Need for a Global Carbon Tax on Aviation and Shipping

COP29 Event – Destination Net Zero: The Urgent Need for a Global Carbon Tax on Aviation and Shipping
Play Video: COP29 Event – Destination Net Zero: The Urgent Need for a Global Carbon Tax on Aviation and Shipping


The need to decarbonize international transportation has long been overlooked. Aviation and shipping account for a rapidly growing share of global carbon dioxide emissions. This session will explore global mitigation policies for the sectors, notably a carbon tax and other pricing instruments like feebates, which could kick-start the sectors’ transitions towards net zero while generating substantial revenue for climate finance. The event, based on IMF’s recent analysis, will address practical policy options, their implementation, and the allocation of revenues from pricing to drive meaningful change in these hard-to-abate sectors. Panelists Ruud de Mooij Deputy Director, Fiscal Affairs Department, IMF Morten Bo Christiansen Senior Vice President, Head of Decarbonization, A.P. Møller – Mærsk A/S Marie Owens Thomsen SVP Sustainability and Chief Economist, International Air Transport Association (IATA) Tom Evans Senior Associate, Global Solidarity Levies Task Force, European Climate Foundation (ECF) Moderator: Pilita Clark, Associate Editor, Financial Times

Published: 14th Nov 2024 06:53:40   By: IMF

IMF Video: Navigating the Evolving Geoeconomic Landscape in the Caucasus and Central Asia

Navigating the Evolving Geoeconomic Landscape in the Caucasus and Central Asia
Play Video: Navigating the Evolving Geoeconomic Landscape in the Caucasus and Central Asia


Growth in the Caucasus and Central Asia remains robust and broad-based. Still, the region is exposed to geoeconomic developments and countries face heightened uncertainty amid tentative signs that trade, financial flows, and migration patterns are changing. Moreover, boosting medium-term growth will require effective reform implementation. In this context, what policies and reforms can help countries create a predictable environment conducive to investment and sustainable economic growth? A distinguished panel of speakers explores these pivotal issues and many more from the IMF’s latest Regional Economic Outlook for the Middle East and Central Asia and take questions from the audience during the Q&A portion of the event.

Published: 14th Nov 2024 06:36:18   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

IMF Video: Scaling up Europe's Single Market to Boost Productivity

Scaling up Europe
Play Video: Scaling up Europe's Single Market to Boost Productivity


Join us for a discussion on Europe’s economic challenges and efforts to support innovation, investment, and productivity in the aftermath of the Draghi Report and as a new EU leadership team takes office. The event will include a presentation of the latest IMF forecast and recommendations for Europe (Regional Economic Outlook), followed by a panel discussion. The Regional Economic Outlook will be presented by Mr. Alfred Kammer, Director of the European Department at the IMF. He will then be joined by Ms. Kerstin Jorna, Director General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), European Commission, and Ms. Isabel Vansteenkiste, Director General, International & European Relations, European Central Bank, for a panel discussion moderated by Ms. Angela Barnes, Business Editor, Euronews. https://www.imf.org/en/Publications/REO/EU/Issues/2024/10/24/regional-economic-outlook-Europe-october-2024

Published: 6th Nov 2024 02:37:02   By: IMF

World Economic Forum Video: CEO Climate Alliance Letter | Rich Lesser

CEO Climate Alliance Letter | Rich Lesser
Play Video: CEO Climate Alliance Letter | Rich Lesser


'We're not on track for 1.5 degrees. We're not on track for 2 degrees. We're on track for 2.5-3 degree increases.' @BCG Global Chair @RichLesser on how #innovation could be one of the levers to help us stay ahead of escalating climate change. In an open letter ahead of COP29, the Alliance of CEO Climate Leaders called 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 policies and actions to spur investment, improve the business case for climate action and accelerate emissions reductions. 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: 14th Nov 2024 11:34:18   By: World Economic Forum

World Economic Forum Video: Finfluencer Advice Revolution & Start-Up Grows Veg in Supermarkets | WEF | Top Stories of the Week

Finfluencer Advice Revolution & Start-Up Grows Veg in Supermarkets | WEF | Top Stories of the Week
Play Video: Finfluencer Advice Revolution & Start-Up Grows Veg in Supermarkets | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 Finfluencer financial advice revolution – A finfluencer is a content creator on social media who shares information on budgeting, saving and financial investments, among other topics. Finfluencers use blogs, podcasts or videos to get their message out. They help widen financial access to groups who didn’t have it before. 3:49 These vegetables grow in-store without soil – Instead of soil, they use plugs of rockwool, irrigated with nutrient-rich water in a method called hydroponics. They come in different sizes producing from 2,000 to 15,000 plants monthly. These farms have a tiny environmental footprint. The largest models can grow as much as a 3-hectare farm. 5:44 Telehealth platform empowers millions – Altibbi offers 24/7 access to online doctors along with accessible, up-to-date medical information. It offers a cheaper, more accessible alternative to in-person consultations but it also aims to ‘change the narrative’ around the patient-doctor relationship. 8:43 ‘Underwater tractors’ replant seagrass – They were created by Reefgen, an UpLink Top Innovator. The robot scoots over the seabed, steadily and carefully restoring the ecosystem. Reefgen’s technology aims to aid conservation efforts by augmenting the efforts of human restorers. _____________________________________________ 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: 9th Nov 2024 01:00:05   By: World Economic Forum

World Economic Forum Video: Meet the startup building the first commercial space station - and shaping how we'll live and wor...

Meet the startup building the first commercial space station - and shaping how we
Play Video: Meet the startup building the first commercial space station - and shaping how we'll live and wor...


Humans have learned to survive in space. But as Tejpaul Bhatia reminded Meet the Leader, it’s time to learn how to live, work and thrive. One step towards that goal is Axiom Station, the first commercial space station. With the International Space Station due to be decommissioned, he explains how Axiom Station will build on decades of lessons learned for a future-ready station factoring in principles of ergonomic and industrial design, a station planned to adapt to new technologies and needs. And while it employs its share of former astronauts and rocket scientists, this unique company also designs space suits - like the one for the upcoming Artemis moon mission set for 2026. This means it also counts sewers and costumers from places like Cirque du Soleil on its team – people who understand performance fabrics and who have the skill sets to hand sew parts of uniforms that can’t be tackled with a machine. He’ll share how this incredibly diverse group works together and how learning how to tap such a range of capabilities is a window into the unique pioneering collaborations that will drive the space economy. To learn more:  Axiom Space: https://www.axiomspace.com/ Report:  Space: The $1.8 Trillion Opportunity for Global Economic Growth: https://www.weforum.org/publications/space-the-1-8-trillion-opportunity-for-global-economic-growth/ Related podcasts:  This former astronaut shares what’s key to building strong, effective teams: https://www.weforum.org/podcasts/meet-the-leader/episodes/soichi-noguchi-astronaut-build-effective-teams/ From space to the ocean's depths - how a space CEO and explorer approaches risk: https://www.weforum.org/podcasts/meet-the-leader/episodes/dylan-taylor-voyager-space-risk-leadership/

Published: 8th Nov 2024 06:18:28   By: World Economic Forum

World Economic Forum Video: CEO Climate Alliance | Vincent Clerc

CEO Climate Alliance | Vincent Clerc
Play Video: CEO Climate Alliance | Vincent Clerc


Decarbonisation is costly, but companies that push for solutions have an 'immense' effect on our ability to meet the Paris targets, says Maersk CEO Vincent Clerk In 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 #AllianceofCEOClimateLeaders #Climate #ClimateChange #COP29 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: 8th Nov 2024 08:39:46   By: World Economic Forum

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

Business Video: Larry Summers issues warning on Trump’s proposed economic policies

Larry Summers issues warning on Trump’s proposed economic policies
Play Video: Larry Summers issues warning on Trump’s proposed economic policies


Former Treasury Secretary Larry Summers tells CNN's Kate Bolduan that President-elect Trump's proposed economic agenda will lead to 'inflation shock' for Americans. #CNN #News

Published: 13th Nov 2024 03:57:15   By: CNN

Business Video: How Trump's second term could impact future interest rates

How Trump
Play Video: How Trump's second term could impact future interest rates


The Federal Reserve cut interest rates by a quarter point on the heels of the US presidential election earlier this week. It’s the second rate cut since the central bank began to lower borrowing costs in September, though the latest cut is smaller. #CNN #News

Published: 7th Nov 2024 07:36:49   By: CNN

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

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Economy News: Why is my 401(k) rising? More fed rate cuts on the way? We answer your economy questions - Newscast

Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts

Thu, 14 Nov 2024 12:22:00 GMT Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.

Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases

Thu, 14 Nov 2024 12:15:41 GMT Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late September, the average rate dipped to 6.08 percent, the lowest level in two ...

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Thu, 14 Nov 2024 12:02:00 GMT Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s ...

Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong

Thu, 14 Nov 2024 12:00:00 GMT Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace.

Should you open a home equity loan with inflation rising again?

Thu, 14 Nov 2024 11:16:39 GMT Inflation grew again in October, leading some to wonder about the merits of borrowing from their home equity now.


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