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“Accounting…and…accountability” – these are clearly linked terms with common meaning that emerged along with the modern capitalist system, deriving from Middle European languages and cultures. “Accounting,” (says Webster’s New Collegiate) is derived from the medieval, “to tell…” -- as today’s accounting systems are designed to “accurately tell the story” of an organization’s financial condition.
News & Updates
October 22, 2019 1 in 6 millennials have $100,000 saved—here’s how much you should have at every ageSource: CNBC
According to a new Bank of America survey, 16 percent of millennials — which BoA defined as those between age 23 and 37 — now have $100,000 or more in savings.
October 22, 2019 Amazon Almost Killed Target. Then, Target Did the ImpossibleSource: inc.
A close look at the company's brilliant turnaround strategy reveals some major lessons for businesses of any size.
October 22, 2019 The last 72 hours in Brexit, explainedSource: VOX
It should have been the decisive moment for Brexit: a vote on the revamped deal to take the United Kingdom out of the European Union by October 31.
Research & Insights
October 2, 2019 Dow ends 344 points lower as ISM manufacturing comes in at worst level since financial crisisSource: MarketWatch
U.S. stocks closed sharply lower Tuesday, turning negative in morning action after a closely watched reading on manufacturing in the U.S. came in at its worst level since 2009.
September 27, 2019 Second-quarter U.S. GDP left at 2%, slower economic growth seen persistingSource: MarketWatch
The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China.
September 26, 2019 ESG Funds Beat Non-Sustainable Sister FundsSource: Morningstar
Investors concerned ESG investing means compromising on returns are proved wrong as research shows many ESG funds beat their non-sustainable counterparts
Commentary & Opinion
October 17, 2019 Capitalism is dead. Long live capitalismSource: Fast Company
For capitalism to thrive, the system needs to evolve to be fair, inclusive, and sustainable. Fast Company highlights companies and innovators leading the change.
October 11, 2019 Opinion: Ban billionaires? What progressive Democrats don’t understand about the economySource: MarketWatch
Democratic presidential contender Bernie Sanders says we should ban billionaires. It’s all part of the growing trend in the idea of wealth taxes that have become popular with some Democrats
September 24, 2019 The trade war is weighing ‘like a big, dark cloud’ on the global economy,Source: CNBC
For incoming European Central Bank President Christine Lagarde, the U.S.-China trade war is the biggest threat to the global economy.
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