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McKinsey Study Shows How Inclusion Will Boost Economic Growth

Paul Constant is a writer at Civic Ventures and cohost of the “Pitchfork Economics” podcast with Nick Hanauer and David Goldstein. In the latest episode, they spoke with JP Julien, head of McKinsey & Company’s Institute for Black Economic Mobility.  Julien says eliminating racial wealth disparities and unlocking women’s economic potential  could add trillions to the US […]

Strong U.S. Recovery Aids Growth in Canada, Mexico

The U.S. economy is so strong that its neighbors, too, are getting a boost. Businesses and consumers are buying more products from Canada and Mexico, and Americans flush with savings are going back to traveling and sending more money across the southern border, helping to bolster two countries whose economies were hit hard by Covid-19 […]

Naira slumps further, exchanges for 504/$ at parallel market

The naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators. It had earlier exchanged to the dollar at 500 in the previous week and at N490 a month earlier. According to naijabdcs.com, the Central Bank of Nigeria’s official rate for the BDCs, the dollar […]

Biden Urges More Scrutiny of Big Businesses, Such as Tech Giants

WASHINGTON — President Biden signed a sweeping executive order on Friday intended to increase competition within the nation’s economy and to limit corporate dominance, factors the White House says have led to higher prices and fewer choices for consumers while dampening pay and restricting the freedom to change jobs. The administration encouraged federal agencies to […]

Chicago Bears launch Small Business All-Pros Gameday Eats initiative

The Bears on Friday launched their 2021 Small Business All-Pros Gameday Eats initiative, which will provide four restaurants or food service businesses with four weeks of a marketing partnership with the team. Restaurants or food service businesses located within the Chicago area will be eligible. Bears marketing partnership assets include social media, website, newsletter and […]

The new fault lines on which the world economy rests

Jul 10th 2021 THE PANDEMIC caused a fearsome economic slump, but now a weird, exhilarating boom is in full swing. The oil price has soared, while restaurants and haulage firms are having to fight and flatter to recruit staff. As listed firms signal that profits will hit an all-time high this year, stockmarkets are on […]