Soaring house prices may be locking people into marriages, new research shows
GAS-photo/ShutterstockHouse prices continued to rise across Australia in June, recent data shows. Nationally, prices have risen about 38% in the past five years.
Inequality has risen from 1970 to Trump − that has 3 hidden costs that undermine democracy
Demonstrators march outside the U.S. Capitol during the Poor People's Campaign rally at the National Mall in Washington on June 23, 2018. AP Photo/Jose Luis MaganaAmerica has never been richer.
Why do so many American workers feel guilty about taking the vacation they’ve earned?
The U.S. is the only advanced economy that doesn't legally mandate a minimum number of vacation days. Comstock Images/Stockbyte via Getty Images“My dedication was questioned.”
“Managers or upper management have looked down upon taking time off.”
“People think that maybe you’re not as invested in the job, that you’re shirking your duties or something.”
Corporate purpose: how boards of directors monitor the mission of European companies
Like hundreds of large European companies, the Veolia group has given itself a corporate purpose. ShutterstockOn April 24th, Veolia’s shareholders voted by more than 99% to inscribe the company’s corporate purpose into its bylaws.
Artificial Intelligence Consortium minutes – May 2025
The Artificial Intelligence Consortium (AIC) aims to provide a platform for public-private engagement to further dialogue on the capabilities, development, deployment, use, and potential risks of artificial intelligence (AI) in UK financial services.
IFDP Paper: What Determines Household Expectations?
Anushka Mitra and Aditi SinghThis paper examines which macroeconomic signals shape household expectations and finds that unemployment shocks play a more influential role than inflation shocks. Using daily data, we identify which announcements prompt households to revise their expectations. We construct two shock series—assuming households are either sophisticated or naive—based on the surprise components of announcements. Labor market news strongly influences both general economic sentiment and inflation expectations.
Trump’s ‘big’ bill gives millions of taxpayers a new charitable tax break, but whether it will help nonprofits is unclear
Tax policy changes can influence how much Americans donate. Douglas Rissing/iStock via Getty Images PlusThe multitrillion-dollar bill that President Donald Trump signed into law on July 4, 2025, will change how the U.S.
The toxic management handbook: six guaranteed ways to make your best employees flee
If performance management is not implemented properly, it can demotivate and drive out employees. PeopleImages.comYuri A/ShutterstockWho said that an organization’s main resource and true competitive advantage lies in its employees, their talent or their motivation? After all, maybe your real goal is to empty out your offices, permanently discourage your staff and methodically sabotage your human capital.
The Bank of England fines Vocalink Limited £11,900,000 for a compliance failure
The Bank of England (the “Bank”) has fined Vocalink Limited (“Vocalink”) £11,900,000 in respect of a compliance failure under section 196 of the Banking Act 2009 (the “Act”). This is the first time the Bank has fined a financial market infrastructure firm.
Financial Policy Committee Record – July 2025
Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.
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