Category: Finance

As the Class of 2025 graduates into an uncertain and fast-changing working world, they face a crucial question: What does it mean to be successful? Is it better to take a job that pays more, or one that’s more prestigious? Should you prioritize advancement, relationship building, community impact or even the opportunity to live somewhere […]

When the first cryptocurrency, Bitcoin, was proposed in 2008, the goal was simple: to create a digital currency free from banks and governments. Over time, that idea evolved into something much bigger: “decentralized finance,” or “DeFi.” With decentralized finance, people trade, borrow and earn interest on crypto assets without relying on traditional intermediaries. DeFi services […]

In a significant move to bolster Sri Lanka’s economic recovery, the World Bank has announced a $1 billion support package aimed at job creation and private sector growth over the next three years. The initiative focuses on key industries such as energy, agriculture, tourism, and regional development, sectors deemed critical for long-term stability and expansion. […]

American families are struggling to keep up with their bills. The cost of food soared by more than 23% from 2020 to 2024. Other price increases, which are especially steep for vehicles, insurance, child care and housing, come as nearly 40% more people are behind on their credit card payments than in 2022. Now, uncertainty […]

Nothing is more certain than death and taxes, Benjamin Franklin famously declared. And, since 1916, the federal government has imposed an estate tax on the transfer of property owned at death. But the Trump administration and Republican lawmakers may be on the verge of changing all that. GOP legislators are now considering a massive bill […]

Whether you’re using AI to write cover letters, grade papers or draft ad campaigns, you might want to think twice about telling others. That simple act of disclosure can make people trust you less, our new peer-reviewed article found. As researchers who study trust, we see this as a paradox. After all, being honest and […]

Every time you use your phone, open your computer or listen to your favorite music on AirPods, you are relying on critical minerals. These materials are the tiny building blocks powering modern life. From lithium, cobalt, nickel and graphite in batteries to gallium in telecommunication systems that enable constant connectivity, critical minerals act as the […]

Artificial intelligence (AI) is rapidly revolutionizing our lives, interactions, and finances. It offers a transformative opportunity to boost financial inclusion, especially in emerging and developing economies (EMDEs). AI enables financial institutions to operate more efficiently and cost-effectively, improving performance and unlocking capabilities beyond human limits, particularly in terms of speed and precision. For example, AI-powered […]

Imagine a world where a single click approves a loan, insurance claims are settled in seconds, and financial advisors aren’t human, but highly intelligent machines. This is not science fiction anymore; it is the reality of today’s financial landscape. As AI continues to revolutionize the financial sector, it brings both unprecedented opportunities and unique challenges. […]

For years, there has been some hope that inclusive credit fintechs—those targeting micro and small enterprises (MSEs) with responsible digital credit—would narrow the financial inclusion gap. The expectation was that they could outperform traditional microfinance institutions (MFIs) by being faster, cheaper, more scalable, and better equipped to serve hard-to-reach clients. While some success stories have […]