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News & Updates

May 6, 2022 America’s job growth is starting to slow

Source: CNN Business

The days of millions of job gains per month are behind us and the US labor market recovery has moved into a new phase, complete with new challenges: It’s not that companies don’t want to hire, it’s that there were nearly two...

May 6, 2022 US is recycling just 5% of its plastic waste, studies show

Source: The Guardian

According to the Last Beach Cleanup and Beyond Plastics, the organization behind the report released on Wednesday, the recycling rate for post-consumer plastic was just 5% to 6% in 2021.

May 6, 2022 Oil giant Shell reports highest quarterly profit since 2008 on soaring commodity prices

Source: CNBC

Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls for a one-off windfall tax on oil and gas companies to help U.K. households with spiraling energy bills.

May 6, 2022 BoE flags risk of recession and 10% inflation as it raises rates again

Source: Reuters

The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1%.

May 6, 2022 Baby formula shortage hits 'crisis' level, sparking panic in parents across U.S.

Source: Fox Business

Parents of infants across the U.S. are taking to social media pleading for media coverage and political action while posting pictures of empty stores shelves, as the country's baby formula shortage continues to get worse.

May 6, 2022 What’s Lost When We Talk ‘ESG’ and Not ‘Sustainability’

Source: MIT Sloan

Within the narrow world of the sustainability expert community, the battle royale is raging about sustainability versus ESG and the implications of shifting semantics. I don’t want to litigate what these words mean, but I do want...

May 6, 2022 Cities are Experimenting with Free Public Transit to Promote Sustainable Mobility

Source: Arch Today

Various cities have been experimenting with wavering fees for public transport in an effort to promote sustainable mobility, alleviate traffic congestion and decrease social inequality. This past February, Salt Lake City has...

May 6, 2022 Making the Business Case for ESG

Source: Knowledge at Wharton

Wharton’s Katherine Klein talks with Wharton management professor Witold Henisz about how investors can evaluate environmental, social, and governance (ESG) criteria and why they should deeply engage with firms if they want to...

May 6, 2022 The Fed is owning the inflation problem

Source: Axios

He started the session by staring into the camera and telling the American people that inflation is too high and the Fed is determined to bring it down. Later, when asked a question about what other branches of government could...

May 6, 2022 US worker productivity fell at the fastest rate in nearly 75 years

Source: CNN

US labor productivity tumbled by 7.5% in the first quarter of 2022 – the largest decline in worker output per hour since 1947, according to Labor Department data released Thursda

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