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Voters turned out for economic justice: A review of key ballot measures from the 2022 midterm elections

CFO News Room

Though much work remains to be done to enact a progressive economic agenda, this midterm election showed clear signs of support for a policy agenda that prioritizes economic, racial, and gender justice for working families. Nebraska: Voters approved Initiative 433, which will increase the state’s minimum wage to $15 by 2026.

Economics 130
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Private-Sector Job Openings Remain High Despite Falling in October

CFO News Room

The industries with the highest openings are education and health care (2.172 million), professional and business services (1.794 million), trade, transportation, and utilities (1.644 million), and leisure and hospitality (1.578 million). Bob has a MA in economics from Fordham University and a BS in business from Lehigh University.

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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?

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Manufacturing-Sector Contracts Again in December

CFO News Room

According to the report, “Of the six largest manufacturing sectors, only Transportation Equipment reported increased new orders.”. Economic risks remain elevated due to the impact of inflation, an aggressive Fed tightening cycle, continued fallout from the Russian invasion of Ukraine, and waves of new Covid-19 cases in China.

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SoftBank To Invest In Indonesia’s Sustainable City

PYMNTS

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on renewable resources, according to a report by Bloomberg. The relocation has been fast-tracked by the president amid economic concerns. 10) and said he wanted to be part of the project.

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CEOs optimistic about economic recovery, not very concerned about climate change

Future CFO

While CEOs are optimistic about economic recovery, they might not be very concerned about climate change. One year after COVID-19 was declared a pandemic, 76% of global business leaders predicting that economic growth will improve in 2021, said PwC recently.

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SoftBank Could Invest $40B In New Indonesian Capital

PYMNTS

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. The official reportedly noted that he would talk about the possible investment more with Son at the Word Economic Forum meeting on Monday.