Category: Finance

Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic system” may seem like a yawn, countless people have fought and died in major wars over which one should dominate. Shifts from one system to another, like the 1989 fall of communism in much of Eastern Europe, changed the lives […]

Picture yourself living the American Dream. You likely have more opportunity than your parents did. Through hard work, smart choices and perhaps some good luck along the way, you have financial stability and a great deal of freedom to choose your next steps in life. Chances are also good that you live in or near […]

Amazon India has announced a strategic investment of $120 million in local startups focused on the consumer goods manufacturing sector. This move aims to accelerate the digital transformation of these companies and help them scale in both domestic and global markets. The funding will be channeled through the Amazon Smbhav Venture Fund, which was established […]

The holiday shopping season is now here, and Americans are ready to splurge. The average U.S. shopper expects to spend more than US$1,000 on gifts for Christmas and other winter holidays this year, surveys show. These days, consumers have no shortage of payment options, each seemingly more enticing than the last. Do you swipe your […]

If finding the right present and making sure the recipient gets it on time leaves you feeling anxious, you’re not alone. More than half of Americans say that gift-giving stresses them out. Concerns about on-time delivery are so common that people share holiday deadlines for each shipping service. And in the event that you can’t […]

Have you ever hesitated at the register, uncomfortable as an employee watched you choose a tip? It’s not just you. The rise of digital tipping systems – from point-of-sale devices held by employees to countertop screens that clearly display your selection – is changing the dynamics of tipping, often in ways that make customers feel […]

Imagine going on a road trip and passing several seemingly identical McDonald’s restaurants. Despite their uniform appearance, their ownership may vary widely: One might be run by a family, another by an individual entrepreneur, and others owned directly by the corporation. This is possible because McDonald’s, like many other well-known fast-food restaurant chains, operates a […]

Energy Revolution Ventures (ERV), a venture capital firm focused on energy tech, has successfully raised $18 million for its seed and Series A fund aimed at advancing scalable climate technologies. The fund will primarily target deeptech companies working to address significant engineering and scientific challenges within the energy sector. The capital will be deployed into […]

Environmental issues were conspicuously absent from the 2024 U.S. presidential campaign, but moves by President-elect Donald Trump’s first administration and his leadership picks for his next administration offer clues to what may be ahead. They point to a second Trump administration likely loosening regulations on industries, particularly oil, gas and petrochemicals, giving them wider permission […]

Investors can aim not only to make money but to benefit society while doing so. But few of those impact investors follow up on whether their strategy is having a positive impact, we found in a study published in the Journal of Business Ethics. Impact investing aims to generate financial returns while also creating positive […]