Global Economy Briefs

When Larry Fink, CEO of BlackRock Inc, the world's largest asset management firm announced that he expects companies to consider their business in the context of climate change and that sustainable investments are the way forward, he added to mounting pressures on corporations to address environmental, social, and governance issues, experts and investor advocates said.

2019 was a pivotal year in CSR and 2020 promises to bring more challenges and opportunities to the field including these developing global trends: searching for truth, achieving carbon neutrality, employee relations, pursuing purpose over passion, and looking for the next big thing.

A policy agenda for how America's chief executives can help sustain capitalism

There are certain basic concepts, such as intangible assets, that as a manager you should know well. Why? Because intangibles are meaningful and material to your business at many different levels, and yet you cannot rely on accounting to help manage them because intangibles are not on your company’s balance sheet unless they have been acquired.

In the coming months, global executives could find themselves trying to navigate an international currency market wherein both the USD and the RMB are competing in a ‘how low can you go’ devaluation game. This new battleground, if it fully manifests, could be more detrimental and problematic for global businesses than anything we’ve seen from the tariffs to date.

American retailers are working hard to leverage this Memorial Day weekend to boost sales. Heavyweights like Amazon, Target, Macy’s, and Home Depot all have big promotional plans to accomplish this.

The labor shortages in blue-collar jobs are unlikely to disappear any time soon. An important reason: The combination of the US population becoming more educated and the concentration of disability among less educated people is significantly reducing the share of less educated people in the labor force.