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Half of US adults lack financial literacy, survey shows | World . . . In 2021, just under 30% of Americans answered all of them correctly Even more concerning, points out Professor Lusardi in a Cambridge University paper, was the fact that this knowledge gap was compounded by a false sense of financial knowledge by survey respondents, who gave themselves an average rating of 5 1 out of 7
The Future of Jobs Report 2025 | World Economic Forum Climate-change mitigation is the third-most transformative trend overall – and the top trend related to the green transition – while climate-change adaptation ranks sixth with 47% and 41% of employers, respectively, expecting these trends to transform their business in the next five years
Discover this weeks must-read finance stories | World Economic Forum Catch up on the key stories and developments shaping the financial world Q4 profit surge for US companies, but tariffs and slow growth pose risks; OECD warns rising debt could strain global markets; Rise of defence-focused ETFs For more on the World Economic Forum's work in finance, visit the Centre for Financial and Monetary Systems
Money matters: Your guide to financial literacy The World Economic Forum’s Financial Literacy Initiative aims to increase access to financial education and investing practices The world of finance can be a complex place, but it’s important to develop a basic understanding of the influential role money plays in our work, social life, health, education and everything in between
New Report Charts Roadmap to a Quantum-Secure Financial System Davos-Klosters, Switzerland,17 January 2024 – A World Economic Forum report, released today, analyses a financial sector on the cusp of a quantum revolution, where emerging technologies are predicted to drive sector investment to $19 billion by the 2030s and up to $850 billion over the next 30 years
Lessons from Latin America on how to improve financial inclusion World Bank financial inclusion variables and main gaps – Latin American vs world Image: Mastercard In June, Mastercard released The State of Financial Inclusion post COVID-19 in Latin America and the Caribbean: New Opportunities for the Payments Ecosystem report, conducted in partnership with Americas Market Intelligence (AMI)
Why has the US recovered more quickly than Europe? The contraction of private investment in Europe accounts for only a small part (one-third) of the growth gap Though the financial-market tensions that accompanied the euro crisis had a strong negative impact on investment in the eurozone periphery, investment demand has also remained weak in the US, minimizing the overall difference
America’s dominance is over. By 2030, well have a handful of global . . . Misha Glenny contends that “Fukayama and others under-estimated Western hubris and the greed of financial capitalism which contributed in 2008 to one of the most serious political and economic crises since the Great Depression
Financial literacy can transform employee confidence and wellbeing Personalized financial support has the power to change lives, empowering employees to confidently navigate life events and everyday money decisions Employers are uniquely positioned to drive financial empowerment by offering programmes that build employee confidence, stability and resilience