Frontiers of digital finance, part 1: A global perspective
The digitisation of payment, trading, and settlement systems is reshaping the financial architecture. This column, the first in a two-part series, offers an overview of
Climate change mitigation pathway: The 24-hour economy
It is increasingly perceived as an integrated sustainability solution for transforming how global cities function. As the sun soars and global cities set record temperatures,
Wall Street bonuses expected to be highest in four years, consultancy says
Wall Street bonuses are expected to rise for the second year for traders and investment bankers on surging deal volume and market volatility, according to
Big manufacturing economies struggle as US tariffs hit order books
Euro zone factory activity stagnated as new orders flatlined and headcount fell. The world’s big manufacturing economies struggled to fire up in October, business surveys
Gender wealth inequality in the European Union: a distributional perspective
Analysis of single women and men in Europe reveals persistent gender wealth gaps and differing patterns across countries. This paper investigates gender-related disparities in wealth
Citi to tie up with Coinbase to boost digital payments for institutional clients
The partnership will initially focus on enabling users to deposit and withdraw traditional currencies. Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset
Empowering youth with opportunities and jobs to end poverty
At the beginning of my advocacy journey, I often searched for affordable ways to present myself at events. A friend of mine had launched a
Exclusive: Micron to exit server chips business in China after ban, sources say
Micron plans to stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products
US weekly jobless claims decline, JPMorgan and Goldman Sachs estimate
Economists estimate weekly jobless claims fell to 217,000 from 235,000. The number of Americans filing new applications for jobless benefits fell last week, economists at
US workers experience large month-to-month fluctuations in pay
Over the past decade, cities and states in the US have enacted ‘fair workweek’ laws to stabilise worker schedules. This column uses administrative data on
