Employees Have Other Financial Issues That Get in the Way of Retirement Readiness
Not having enough emergency savings for unexpected expenses is the most frequently cited financial concern for Millennial (48%) and Generation X (51%) employees, while not being able to retire when they want to is the most frequently cited concern among Baby Boomers (46%), according to the 2018
Money as Medicine
Forbes just released its annual list of the wealthiest folks on Earth, who have an average net worth of $4.1 billion. Every time one of these lists comes out, the first thing I do is scan for names that are not white men, and every time, I'm disappointed. You
Why the Wealth Gap Hits Families the Hardest
What does economic inequality really look like? Income alone doesn’t give a complete picture. Income inequality describes the gap between a six-figure salary and minimum wage. But the more alarming gap occurs in wealth — a household’s total assets minus debts. To understand how inequality is playing
New tech may make prosthetic hands easier for patients to use
Researchers have developed new technology for decoding neuromuscular signals to control powered, prosthetic wrists and hands. The work relies on computer models that closely mimic the behavior of the natural structures in the forearm, wrist and hand. The technology could also be used to develop new computer
As #MeToo bloomed into a fully formed social movement in late 2017, PricewaterhouseCoopers’ D.C. office gathered for a meeting. The staff of the professional services firm had already received an email from U.S.
Employee Stock Ownership Plan, or ESOPs, are in focus following the Walmart-Flipkart deal with Flipkart employees being allowed to encash ESOPs fully over the next 2 years. An employee stock ownership plan (ESOP) is a
L'Oréal is announcing the launch of its first Employee Share Ownership Plan. The plan will be rolled out in 52 countries and will give L'Oréal employees, in France and internationally, the possibility to be even
Scientists have developed a detailed analysis of how 22 recent hurricanes would be different if they formed under the conditions predicted for the late 21st century. While each storm's transformation would be unique, on balance,
Every Google search comes at a cost to the planet. In processing 3.5 billion searches a day, the world’s most popular website accounts for about 40% of the internet’s carbon footprint. Despite the notion that the internet
In a review paper last year in the high-ranking journal Renewable and Sustainable Energy Reviews, Master of Science Benjamin Heard and colleagues presented their case against 100% renewable electricity systems. They doubted the feasibility of
What does economic inequality really look like? Income alone doesn’t give a complete picture. Income inequality describes the gap between a six-figure salary and minimum wage. But the more alarming gap occurs in wealth —
Many studies have shown that both minority and women scientists face disadvantages in reaching the highest levels of their careers. So it would make sense that minority women would face a “double bind” that would
Researchers have developed new technology for decoding neuromuscular signals to control powered, prosthetic wrists and hands. The work relies on computer models that closely mimic the behavior of the natural structures in the forearm, wrist
Tuberculosis, a disease fueled by poverty, overcrowding and undernutrition, is a global barometer of deprivation. Of the more than 4,000 men, women and children TB kills every day, most are poor. TB's connection to poverty
To slow the evolutionary progression of weeds and insect pests gaining resistance to herbicides and pesticides, policymakers should provide resources for large-scale, landscape-level studies of a number of promising but untested approaches for slowing pest
In 1970, economist Milton Friedman published his seminal magazine article, “The Social Responsibility of Business Is to Increase Its Profits.” Since then, the line between portfolio management and philanthropy, profit and purpose, has blurred. Profits
The Rockefeller Foundation and UBS Optimus Foundation are backing a new financing tool to bring clean water to 1.4 million Ugandan school children, saying the model can potentially be replicated across other countries and sectors.
Financial Wellness (also on sister website PFEEF.org)
Not having enough emergency savings for unexpected expenses is the most frequently cited financial concern for Millennial (48%) and Generation X (51%) employees, while not being able to retire when they want to is the
Counting down to payday is a stressful, but all too common practice. Unfortunately, an August 2017 CareerBuilder survey found that the vast majority (78 percent) of the 3,462 full-time U.S. workers polled said they live paycheck to
Mary Banda in Zambia runs a small restaurant in one of Lusaka’s oldest markets. Before she learned that financial services could make the way she did business easier, her profits were low. But today, her profits
Welcome to the second annual Oxford Business Fights Poverty Conference. As you view this summary of the conference you will read from a series of topics like Responsible Leadership, Honoring Entrepreneurs, Employee Ownership, Mentoring, Crowdsourcing & Addressing Poverty. Please
Wars characterize the twentieth century, with the U.S. featuring as a significant player. The self-pronounced reputation of the U.S. as “rescuer of the world” continued at the turn of the century with 9/11 and the
(Reuters) - Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's , boosting the U.S. home improvement retailer's stock by 10.4 percent.
SINGAPORE/BEIJING (Reuters) - China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday.
(Reuters) - Comcast Corp confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media assets of Twenty-First Century Fox , setting up a bidding war with rival Walt Disney Co , which already has agreed to a $52-billion deal with Fox.
CHICAGO (Reuters) - U.S. health authorities said on Wednesday they were preparing to send an experimental Ebola treatment to the Democratic Republic of Congo for use in a clinical trial aimed at stemming an outbreak in the country that has spread to Mbandaka, a city of about 1.5 million people.
MBANDAKA, Democratic Republic of Congo (Reuters) - Three patients infected with the Ebola virus slipped out of an isolation ward at a hospital in the Congolese city of Mbandaka, health officials said, as medics raced to stop the deadly disease from spreading in the busy river port.
(Reuters) - Merck & Co said on Wednesday its drug Keytruda helped patients with a certain type of lung cancer live longer and prevented the disease from spreading, helping to solidify its position in the lucrative cancer market.