GLOBAL BUSINESS AND FINANCE MAGAZINE

Los Angeles wildfire economic loss estimates top $50 bln

U.S. private forecaster AccuWeather said on Wednesday that estimated damage and economic loss from the California wildfire, already one of...

BY GLOBAL BUSINESS AND FINANCE MAGAZINE
January 9, 2025
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Business Economy Featured Finance

Musk acknowledges $2 trillion spending cut goal a long shot

Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting...

BY GLOBAL BUSINESS AND FINANCE MAGAZINE
January 9, 2025
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Banking Business Featured Finance

How the Bank of England could have avoided mis-forecasting UK...

The Bernanke Review was triggered by the Bank of England mis-forecasting UK inflation as it rose rapidly from 2021, peaking...

BY GLOBAL BUSINESS AND FINANCE MAGAZINE
January 9, 2025
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Economy Featured Lifestyle World

Macroeconomic effects of the gender revolution

Postwar US labour market data reveal a significant secular decline in the employment and wage gaps between men and women....

BY GLOBAL BUSINESS AND FINANCE MAGAZINE
January 9, 2025
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Social Security Featured Lifestyle Technology

Social mobility and digital divides in emerging economies: Evidence from...

The Life in Transition Survey collects data on household income, employment, education, attitudes, beliefs, and personal experiences across 37 economies...

BY GLOBAL BUSINESS AND FINANCE MAGAZINE
January 9, 2025
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Finance Business Featured World

How the spending of the rich drives the income of...

During recessions, spending on non-essentials contracts significantly more than spending on essentials, driven by affluent households. This has a particularly...

BY GLOBAL BUSINESS AND FINANCE MAGAZINE
January 9, 2025
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Economy Featured Social Security Technology

The emergence of economic rationality of GPT

As generative pre-trained transformer (GPT) and other large language models become more prevalent, their capabilities beyond language processing will be...