Tag Archives: Finance

Money: Non-Cash Payment Option In US, India & China

The Economist (August 10, 2023) – Non-cash payments are on the rise all over the world. Our writers explain how digital technology has changed the way consumers shop in three important markets: America, China and India.

Video timeline: 00:00 Cashless transactions are on the rise 00:18 America: account and card 02:01 India: Unified Payment Interface 04:06 China: App payments

Special Report: ‘Digital Finance’ – The Economist

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The Economist – Special Reports (May 20, 2023): The fight over payments systems is hotting up around the world. There may be surprising winners, says Arjun Ramani.

As payments systems go digital, they are changing global finance

The fight over payments systems is hotting up around the world. There may be surprising winners, says Arjun Ramani

Payment is one of the most fundamental economic activities. To buy anything, you need something the seller wants. One option is barter, but that is beset by friction (what are the chances of having something your counterparty wants at any exact moment?). Early forms of money, from cowrie shells to beads to metal coins, offered a solution: they were always in demand to settle transactions.

Finance: Why Do U.S. Banks Keep Going Bankrupt?

CNBC (April 3, 2023) – The collapse of Silicon Valley Bank, Signature Bank and Credit Suisse were a harsh reminder of how quickly a trusted institution could fail, putting billions of dollars at risk.

Over 550 banks have collapsed since 2001, according to the FDIC. So what exactly causes a bank to fail? And what implications does it have on the U.S. economy?

Chapters: 00:00 — Introduction 01:41 — Chapter 1 05:28 — Chapter 2 08:55 — Chapter 3

Finance Preview: Barron’s Magazine – Feb 20, 2023

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Barron’s Magazine – February 20, 2023:

Why the World Is Using More Plastic

A glut of so-called virgin plastic is pushing down prices and fueling demand as recycling fails to advance.

Barron’s Best Fund Families

Last year was a tough one for investors. Our latest annual ranking of actively managed funds reveals how the best firms pulled it off.

Russia’s War in Ukraine Has Scarred the Global Economy. The Risks Aren’t Over.

The invasion has lowered global growth, upended energy markets, and heightened geopolitical risk. What comes next might not be an improvement.

Previews: The Economist Magazine- Feb 18, 2023

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The Economist Magazine- February 18, 2023:

Inflation will be harder to bring down than markets think

Investors are betting on good times. The likelier prospect is turbulence

Israel’s proposed legal reforms are a dreadful answer to a real problem

They will damage the country at home and abroad

The World Bank’s embattled chief steps down

David Malpass’s record is better than his many critics will credit

Finance Preview: Barron’s Magazine – Feb 13, 2023

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Barron’s Magazine – February 13, 2023 issue:

ChatGPT Sparked an AI Craze. How to Cut Through the Hype.

Artificial intelligence has sparked new competition in internet search—for the first time in decades. Here’s how to build an AI portfolio.

You Could Live to 100. The Trick Is Not Running Out of Money.

More people are living longer and healthier. Here’s how to make sure your retirement savings lasts, while still living life to the fullest.

Can Paramount Escape a Century of Dysfunction?

A new book digs into the communication giant’s troubled history as investors await a turnaround under CEO Robert Bakish and nonexecutive Chair Shari Redstone.

Expect to Live a Long Time? Plan for Rising Healthcare Costs.

Even if you’re fit, healthcare is a massive—and growing—expense that increases the longer you live. Here are ways to stretch your spending power.

World Economic Forum: Top Stories – Feb 3, 2023

World Economic Forum (February 3, 2023) – This week’s top stories include:

  • 0:15 This AI robot is revolutionizing farming – The robot can identify weeds and crops at rate of 20 plants a second. The robot then delivers either weedkiller or fertilizer directly to individual plants to an accuracy of within 1mm. It can treat up to 500,000 plants per hour. The robot was invented by US firm Verdant Robotics.
  • 1:24 This company cancelled all internal meetings – In January, e-commerce platform Shopify cancelled all regular meetings with 3 people or more and imposed a 2-week window before staff could schedule anything new. It also permanently banned meetings on Wednesdays and limited large meetings to a strict window on Thursdays. More organizations are trying a ‘meeting reset’, from Dropbox to Asana and Zapier. But why – and could your organization try it too?
  • 3:00 How to build a thriving workplace – Businesses often ask staff why they resign. So why not ask why they’re joining or staying? “Why would you wait until people have already committed to walk out the door to say, ‘If only I had a time machine, I would go back to the past and convince you to stay’? What I would much rather see employers do are entry interviews and stay interviews. Entry interview is just asking the same questions you would normally pose at exit at the beginning of the employment relationship: Why are you here? What are you hoping to learn? Right. What are some of the best projects you’ve worked on? Tell me about the worst boss you’ve ever had so we can try to emulate the good and avoid the bad.”
  • 5:22 ChatGPT is already being used for scientific research – ChatGPT launched to the public in November 2022. It gives in-depth, natural language answers to prompts, based on what it has learned from a huge database of books and articles. People have been using ChatGPT to perform an impressive range of tasks, from writing university-level essays to debugging code and filling in job applications. It has written fake scientific reports that have fooled scientists and has even been used to write a children’s book.

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

Finance Preview: Barron’s Magazine- January 30, 2023

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Barron’s Magazine – January 30, 2023 issue:

China’s Big Comeback Is Just Getting Started. How to Play It.

The country’s stocks are up 50% since officials rolled back Covid-19 restrictions. Alibaba, Yum China, and other names stand to gain.

23 More Picks From Our Investing Pros

The final installment of this year’s Barron’s Roundtable highlights Deere, Salesforce.com, and other undervalued stocks. Plus, a bevy of bond picks for a rising-rate world.

Lowe’s Is Catching Up to Home Depot. Its Stock Price Will Follow.

The home-improvement retailer is more sheltered from a weakening housing market than you might think. Its stock looks like a buy.

Big Tech Earnings Are Almost Here. Microsoft Has Investors on Edge.

There are still reasons to be bullish on the long-term trend of digital transformation. What to watch in the coming week.

The Bulls Have It in 2023—and Last Year’s Losers Are Winners

Previews: The Economist Magazine – January 7, 2023

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The Economist – January 7, 2023 Issue:

A realistic path to a better relationship between Britain and the EU

The question of Europe has caused a decade of turmoil. Here’s how to use the next ten years better

What the Kevin McCarthy saga means for America’s Congress

Power struggles, public humiliation and a government shutdown may follow

Financial Review: Barron’s Magazine – January 2, 2023

Magazine Archive - January 02, 2023 - Barron's

Barron’s Magazine – January 2, 2023 issue:

The Best Income Ideas for 2023

Yields are up on a range of attractive investments—and many beat inflation. 12 ways to cash in.

What Crypto Crash? Why Fidelity Sees a Future in Bitcoin.

The mutual fund and brokerage giant is building out crypto services even as the market collapses. What’s behind its Bitcoin plans.

The Bulls’ Worst Recession Fear: There Won’t Be One

These Three Stocks Had a Terrible 2022. Time to Buy?

Stock Market Worries for the Start of 2023

Copper Is Sliding. Where Inflation Could Send Prices.

These Overlooked Muni-Bond Funds Are On Sale at Deep Discounts

China’s Covid Calamity Hides Deep Problems