A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That's one conclusion of my study, published last month in The B.E. Journal of Macroeconomics, which found ...
Economics & Business
Jun 26, 2017
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Inequality is the defining social, political and economic phenomenon of our time. Just 1% of the world's population now holds over 35% of all private wealth, more than the bottom 95% combined. Bad as this may seem, trends ...
Social Sciences
Apr 19, 2017
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Two Russian intelligence agents and a duo of hackers were indicted Wednesday over a data breach that compromised 500 million Yahoo accounts in one of the largest cyberattacks in history.
Security
Mar 15, 2017
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Business software maker SAP SE reported Wednesday that its second-quarter net income rose to 816 million euros ($900 million) from 469 million euros a year earlier as it expanded sales in all regions.
Business
Jul 20, 2016
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During the darkest days for investors after the 2008 financial crisis that swallowed Lehman Brothers up like a sinkhole, the common wisdom was to hold tumbling shares and wait for better days.
Economics & Business
May 25, 2016
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As the US tax season draws to a close, authorities are warning of an alarming rise in "phishing" scams designed to steal sensitive personal and financial information.
Security
Apr 4, 2016
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The state of infrastructure in the United States may be declining, but if it reached a point where nearly every family had trouble finding a passable bridge, something would be done. Yet that's the condition of the country's ...
Economics & Business
Feb 26, 2016
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High debt, low savings and a lack of financial literacy are the unfortunate hallmarks of millennial financial health, according to a new report developed by the George Washington University Global Financial Literacy Excellence ...
Economics & Business
Jan 14, 2016
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The concept "financial inclusion" is used in mainstream business and development circles as an all-encompassing term for innovation in financial services for the poor. Financial inclusion is promoted as part of an important ...
Economics & Business
Nov 5, 2015
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A 33-year-old Turkish man extradited to New York appeared in court Wednesday on charges that he organized three cyber attacks costing the global financial system $55 million, prosecutors said.
Security
Jun 24, 2015
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