Group items tagged

Household incomes are growing Upper-income households have seen more rapid growth in income Income growth has been most rapid for the top 5% of families The wealth of American families is currently no higher than its level two decades ago The wealth divide among upper-income families and middle- and lower-income families is sharp and rising The richest are getting richer faster Income inequality in the U.S has increased since 1980 and is greater than in peer countries

The report provides an overview of the changes occuring with U.S income and wealth inequality. It highlights key trends as wealth increases and addresses which groups of people are being most affected.

A glimpse into the future based on current trends. The outlook is mostly gloomy. Estimates range from one extreme to the other--a renewed democracy or total chaos. The short article touches a lot of the factors that will likley influence the future, but it's hard to say exactly.

Lists 5 future trends in the shipping industry. All of the make sense, but each is only touched on a bit. Technology and the environment are really the two biggest, but others need to be considered.

Cross-collaboration amidst governments and departments are key to promote innovation "These matrices generally corresponded to a few categories: collaboration between governments, collaboration between governments and businesses, and collaboration between governments and citizens. Through these types of innovative efforts, governments at all levels are recognising the significant transformative potential of building matrixed governments that respect, recognise and enable different ecosystems to collaborate in order to make key contributions to society."

1. Mortgage rates may slide even more 2. Home prices and sales will rise 3. Housing counselors will be in demand 4. Millions of renters may be evicted 5. Homes will go to well-off buyers 6. Black households will fall further behind 7. Suburbs may grow at cities' expense 8. Ability-to-repay rule may be revised

The rapid uptake of mobile money in recent years has generated new data needs and growing interest in understanding its impact on broad money. This paper reviews mobile money trends using mobile money data from the Financial Access Survey (FAS) and examines the statistical treatment of mobile money under the IMF's Monetary and Financial Statistics (MFS) framework. MFS guidance is straightforward in most cases, as many jurisdictions have adopted regulations which ensure that mobile money is captured in the banking system and thus in the calculation of broad money. However, in cases where mobile network operators (MNOs) act as niche financial intermediaries outside the banking regulatory perimeter and are allowed to invest their customer funds in sovereign securities and other permitted assets, mobile money liabilities may remain outside the banking system as well as monetary statistics. In that case, information on mobile money liabilities need to be collected directly from MNOs to account for mobile money as part of broad money.

"The global energy management system market was valued at USD 8.2 billion in 2020 and expected to reach USD 19.91 billion by 2026 and grow at a CAGR of 16.2% over the forecast period (2021 - 2026). The increasing focus toward issues, such as managing energy consumption, optimizing the use for renewable energy sources, and reducing carbon footprint and greenhouse gas emissions, is creating a demand for EMS. Further, cloud services effectively minimize operational costs of software development and maintenance and direct the monetary costs, cost of time, and spent resources on maintaining the in-house IT professionals and infrastructure on gathering, storing, and analyzing energy data.​ Cloud services are an ongoing trend responsible for the growth of the market studied."

More than 80 percent of Gen Z and Millenials are using a money transfer app - compared to 50 percent of baby boomers More than 80 percent of respondents have not used a buy-now-pay-later (BNPL) and nearly 75 percent avoid credit card debt generally or entirely MX, Finn AI, Q2 and Rival Technologies' white paper explores the use of financial products and services by baby boomers, millennials, and Gen Z

Yes, don't forget the Retail Trading boom with the increase in investment app usage. The 0% commissions a trade started by RobinHood disrupted major Brokers to compete. Think Or Swim and China's Webull are also big ones.

"Data sharing can also drive better business decisions. Knowing the weather patterns at other farms around the world can prepare growers for shifts in the market, from potential yields to pricing trends. ... "So, bringing that data story together helps individual farmers grow and makes sure they have a sustainable business model."

You wonder if it's the pandemic that is really the driver for people to seek companionship via virtual connections, or is it the start of a trend. The article talks about elderly people being taken advantage of in many of the cases. It also mentions that it's not just some rogue criminal but in some case organizations that are behind these scams.

CSIS's Risk and Foresight Group created four plausible, differentiated scenarios to explore the changing geopolitical landscape of 2025-2030, including the potential lasting first- and second-order effects of Covid-19. The scenarios center on the relative power and influence of the United States and China and the interaction between them, along with detailed consideration of other major U.S. allies and adversaries within each of four worlds. Each scenario narrative was informed by deep trends analysis and subject-matter-expert interviews. CSIS's Dracopoulos iDeas Lab brought to life the scenarios in four engaging videos designed to test policymakers' preconceived notions about the defense and security challenges facing the United States and its allies in the second half of this decade. This research was sponsored by the Defense Threat Reduction Agency's Strategic Trends Division

When we modeled what the next two decades would look like if we continued current underinvestment trends, we found that no industry is immune to water disruptions. The most water-reliant businesses will spend $250 billion in 2039 on costs related to water service disruptions. Less reliable water service would make industries less efficient and profitable, and the consequences would ripple across the entire economy, leading to more than $4.5 trillion in lost business sales, a $2.9 trillion decline in the gross domestic product (GDP), and 636,000 fewer jobs. Individual households and communities would also endure the consequences of underinvestment as more frequent and extreme weather inflict shutdowns, and street flooding deteriorating and rupturing water infrastructure. Without proper infrastructure investment, there will be greater costs to US households. At the current rate, costs will be seven times higher in 20 years than they are today, totaling $14 billion in 2039.

"The smart homes market was valued at USD 79.13 billion in 2020, and it is expected to reach USD 313.95 billion by 2026 and register a CAGR of 25.3% over the forecast period (2021 - 2026). Across real estate companies and the architect ecosystem, the 'new normal' defined through the social distancing results in a requirement to go back to the redesign basics and reinvent the residential real estate product by factoring in new-age designing, efficiency, and innovation. As the redesign happens, the need for a totally new set of amenities has resurfaced and gained prominence. What the customer will need in the 'new normal' has undergone a revolution in the crisis triggered by the COVID-19 pandemic, and it is leading to a paradigm shift in residential spaces."

"What sounds like sci-fi is now becoming a reality, and as these minute cameras pass through your body, they take two pictures per second checking for signs of cancer and other conditions like Crohn's disease." This new technology is a less invasive and more convenient alternative to current practices. The ease of this care provides a more comfortable experience for those who would have needed a traditional endoscopy.

I've swallowed the pill camera before to check an issue in my gut. It was 14 hours of video!!!

One-in-ten eligible voters in the 2020 electorate was part of a new generation of Americans - Generation Z. Members of Gen Z are more racially and ethnically diverse than any previous generation, and they are on track to be the most well-educated generation yet. But when it comes to their views on key social and policy issues, they look very much like Millennials.

A survey based on projections for the year 2050. "Majorities predict a weaker economy, a growing income divide, a degraded environment and a broken political system"

A very interesting but lengthy read. The report describes a system for using foresight to develop EU R&I policy, which includes: - a set of future scenarios for different World Regions, - a mechanism for signposting relevant trends and - a process for assessing policy options combining standard policy assessment mechanisms with future scenarios. The regional scenarios include: ● China ● Japan, South Korea & Taiwan ● ASEAN ● India & its Neighbours ● Australia & New Zealand ● Russia & Central Asia ● The Middle East & North Africa ● Sub-Saharan Africa ● Central & South America ● United States, Canada & Mexico

he Global Autonomous Truck Market size is projected to reach USD 1,550 million by 2030