Gen Z stays home almost every weekend because going out isn’t worth the money

Enduring a host of compounding ills, from corruption to severe climate conditions, the continent is home to nine of the world’s 10 poorest countries. The Earth has enough wealth and resources to ensure a decent standard of living for all of humanity. Yet people in countries such as Burundi, the Central African Republic, and South…

Copy Citation Kimberly A. Berg, Chadwick C. Curtis, and Nelson C. Mark, “Temperature Fluctuations and Economic Conditions: Evidence from Weekly U.S. Data,” NBER Working Paper 35529 (2026), https://doi.org/10.3386/w35529. Copy to Clipboard Download Citation

AI executives and companies are betting that spending millions in the 2026 midterm elections will allow them to influence AI bills being developed in Congress. As of the end of June, the two biggest artificial intelligence political action committees have dropped at least $44 million into 40 House and Senate candidates, per a CNBC analysis…

Sales taxA sales tax is levied on retail sales of goods and services and, ideally, should apply to all final consumption with few exemptions. Many governments exempt goods like groceries; base broadening, such as including groceries, could keep rates lower. A sales tax should exempt business-to-business transactions which, when taxed, cause tax pyramiding.  holidays, designated periods…

To counter major cyber threats, Danmarks Nationalbank is pioneering an offline emergency payment system. This article appears in the July/August issue of Global Finance Magazine. Danmarks Nationalbank, the Danish central bank, has launched a financial systems security project to establish a Dormant Emergency Bank (DEB) to serve as a robust reserve bank in the event…

Governments around the world have spent decades outsourcing their ability to think to expensive consultants, gradually ceding the knowledge and judgment needed to govern effectively. AI may now offer a way to reverse that trend, and Gulf countries are providing an early glimpse of what that may look like.