Crypto scams claim victims across the socioeconomic spectrum
A University of Queensland-led study has found consumer vulnerability to cryptocurrency investment scams has little to do with socioeconomic status.
A University of Queensland-led study has found consumer vulnerability to cryptocurrency investment scams has little to do with socioeconomic status.
Social Sciences
Jul 22, 2024
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A country's financial health is rated more highly when its finance minister knows top executives in credit ratings agencies, new research led by Heriot-Watt University in Edinburgh suggests.
Economics & Business
Jul 2, 2024
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Organizations using AI to monitor employees' behavior and productivity can expect them to complain more, be less productive and want to quit more—unless the technology can be framed as supporting their development, Cornell ...
Social Sciences
Jul 2, 2024
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Researchers from the Universities of Zurich, Vienna and Utrecht have uncovered significant flaws in current climate risk assessment techniques that could lead to a severe underestimation of climate-related financial losses ...
Environment
Jul 2, 2024
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Venture capital plays an important role in helping new businesses get off the ground. The field also has a stubborn gender gap.
Social Sciences
Jun 26, 2024
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The microbiome, the microorganisms that populate our intestines and aid in digestion, weighs around one and a half kilograms. It primarily consists of bacteria and provides protective effects against pathogens entering our ...
Cell & Microbiology
Jun 11, 2024
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Unemployment in the UK rose to 4.3% at the end of March 2024. While this is by no means a worrying level of joblessness for an economy, it is the highest since September 2021, in the second year of the COVID pandemic, when ...
Economics & Business
Jun 11, 2024
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As the UK moves into a general election, a misinformed debate over the country's climate transition and legally binding net zero targets risks further dividing people.
Economics & Business
Jun 4, 2024
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Saudi Arabia's Public Investment Fund (PIF)on Monday launched the Neo Space Group to work on the kingdom's nascent satellite and space industry, its first investment in the sector.
Space Exploration
May 27, 2024
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The old way of classifying jobs as blue- or white-collar is no longer relevant in Canada's modern labor market. Our 21st century economy and workforce are too complex to boil jobs and work categories down to a simple blue- ...
Economics & Business
May 19, 2024
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Investment or investing is a term with several closely-related meanings in business management, finance and economics, related to saving or deferring consumption. Investing is the active redirection of resources: from being consumed today, to creating benefits in the future; the use of assets to earn income or profit.
An investment is a choice by an individual or an organisation such as a pension fund, after at least some careful analysis or thought, to place or lend money in a vehicle (e.g. property, stock securities, bonds) that has sufficiently low risk and provides the possibility of generating returns over a period of time. Placing or lending money in a vehicle that risks the loss of the principal sum or that has not been thoroughly analyzed is, by definition speculation, not investment.
In the case of investment, rather than store the good produced or its money equivalent, the investor chooses to use that good either to create a durable consumer or producer good, or to lend the original saved good to another in exchange for either interest or a share of the profits.
In the first case, the individual creates durable consumer goods, hoping the services from the good will make his life better. In the second, the individual becomes an entrepreneur using the resource to produce goods and services for others in the hope of a profitable sale. The third case describes a lender, and the fourth describes an investor in a share of the business.
In each case, the consumer obtains a durable asset or investment, and accounts for that asset by recording an equivalent liability. As time passes, and both prices and interest rates change, the value of the asset and liability also change.
An asset is usually purchased, or equivalently a deposit is made in a bank, in hopes of getting a future return or interest from it. The word originates in the Latin "vestis", meaning garment, and refers to the act of putting things (money or other claims to resources) into others' pockets. See Invest. The basic meaning of the term being an asset held to have some recurring or capital gains. It is an asset that is expected to give returns without any work on the asset per se.
This text uses material from Wikipedia, licensed under CC BY-SA