A New York philanthropist and personal assistant to billionaires, Matthew Christopher Pietras, allegedly stole millions from his employers and donated large sums to prominent charities to maintain a facade of status, wealth and generosity.
Two big assumptions underlie President Donald Trump’s attack on diversity, equity and inclusion policies. The first is that discrimination against people of color is a thing of the past.
Misspelled brand names can be catchy – but don't always connect with consumers. AP Photo/David ZalubowskiConsumers don’t mind when companies use misspelled words – think Lyft for “lift” or Froot Loops for “fruit loops” – as their brand names, as long as the alterations aren’t too extreme and the misspelling makes sense.
Many U.S. government agencies collect data and make it publicly available. Anna Moneymaker/Getty ImagesPeople rely on data from federal agencies every day – often without realizing it.
Faculty hiring freezes. Department budget cuts. Declining public trust. Across the United States, higher education is navigating one of its most challenging periods in decades.
If you never take a break, the extra hours of effort might not pay off. JGI/Tom Grill/Tetra images via Getty ImagesMany employers are demanding more from workers these days, pushing them to log as many hours as possible.
Imagine you invest US$500 to help a startup get off the ground through investment crowdfunding. The pitch is slick, the platform feels trustworthy and the company quickly raises its target amount from hundreds of people just like you. Then – silence. No updates, no financials, not even a thank-you.
You’ve been ghosted – not by a friend, but by a company you helped fund.
Headline inflation has increased markedly across both advanced and emerging market (EM) economies this year ending up much higher than we forecast six months ago. Consumer price inflation is expected to remain elevated until at least the second quarter of 2022 as ongoing supply chain disruptions, higher energy prices, and stronger-than-expected demand in countries such as the US provide additional impetus to already buoyant goods prices. Nowhere is this clearer than in Brazil, where annual inflation rose to 10.67 per cent in October, the highest rate since January 2016.
In October 2021, the US 12-month CPI inflation rate reached its highest level in the US since 1990, 6.2 per cent year-on-year. Pent-up demand and higher energy prices have been a major factor in the increase but supply chain shortages and increases in other commodity prices also explain more recent increases (see Sanchez Juanino, Macchiarelli and Naisbitt, 2021).
CPI Inflation rose to 4.2% from the previous months 3.1%, slightly higher than we had expected. The anticipated twin effects of the increase in the OFGEM price cap and an increase in the VAT rate on hospitality (partially reversing the July 2020 reduction) both impacted the figure as did surging petrol and diesel prices. Since there was a base effect of 0% dropping out from September 2020, all the change in headline inflation in October arises from the new inflation in the month September to October 2021 which represents the largest month on month increase since April 1993.
