Since the financial crisis, stress tests have become an important supervisory and financial stability tool. Against this background, a question is whether stress tests contribute to financial stability by promoting risk reduction in the banking sector as recent evidence suggests. Stress tests offer deep insights into banks’ vulnerabilities to supervisors and the public through an… Continue reading The disciplining effect of supervisory scrutiny in the EU-wide stress test
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Does social connectedness affect stock market participation?
Everyone should invest in stocks, at least a very small fraction of their wealth. This suggestion is probably one of the few consensuses that business school professors and economists share. Without digging into sophisticated economic models, one could easily see why by checking some stats. The average annual return in the US stock market in… Continue reading Does social connectedness affect stock market participation?
LSE and IDB launch The Latin America and Caribbean Inequality Review
A new research project to investigate why inequality remains so stubbornly high in Latin America and to identify ways to address this development challenge has been launched by the Inter-American Development Bank (IDB), the International Inequalities Institute (III) at the London School of Economics and Political Science (LSE), Yale University and the Institute for Fiscal… Continue reading LSE and IDB launch The Latin America and Caribbean Inequality Review
Carnival Corporation on Pace to Restart Over 50% of Fleet Capacity by October
MIAMI, Florida (Sept. 23, 2021) – Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest cruise company, today announced that it expects to return over 50% of its total fleet capacity to guest cruise operations by the end of October, representing an important milestone for the company’s previously announced plans to resume service with nearly 65% of… Continue reading Carnival Corporation on Pace to Restart Over 50% of Fleet Capacity by October
Announced Santos as Florida’s Featured Artist for Hispanic Heritage Month
TALLAHASSEE, Fla. September 23, 2021.- The First Lady Casey DeSantis announced contemporary artist, Cesar Santos, as Florida’s featured artist for this year’s Hispanic Heritage Month, celebrated September 15th to October 15th. Mr. Santos’ artwork has received numerous accolades and been featured around the globe. “It is a privilege to recognize Cesar Santos as Florida’s featured… Continue reading Announced Santos as Florida’s Featured Artist for Hispanic Heritage Month
The National Federation of Latino Chambers of Commerce & Associations released the following statement regarding the U.S. Census Bureau report in relation to National Hispanic Heritage Month:
“Esperanza: Celebrating Hispanic/Latinx and Hope” is the theme of the 2021 National Hispanic Heritage Month, which is observed and celebrated annually from September 15 – October 15. This event was enacted into law on August 17,1988 with the passage of Public Law 100-402. This gives the nation the opportunity to recognize and appreciate the many… Continue reading The National Federation of Latino Chambers of Commerce & Associations released the following statement regarding the U.S. Census Bureau report in relation to National Hispanic Heritage Month:
NFLCCA is launched to advocacy for latino businesses and communities
Chicago, IL., 2021.- A coalition of State Latino Chambers of Commerce from the largest Latino markets in the U.S. announced the formation of the National Federation of Latino Chambers of Commerce and Associations (NFLCCA), a national umbrella organization of Latino state and local chambers of commerce, and business associations. The NFLCCA was formed to advance… Continue reading NFLCCA is launched to advocacy for latino businesses and communities
Tech Policies that Help Small Businesses Thrive
Share this article TweetFacebookLinkedinPrintSend via email Operating a small business during the pandemic is undoubtedly difficult but technology is helping companies stay afloat and thrive by adopting new business models. Take, for example, Reef Technology which is helping restaurants build Neighborhood kitchens in places like unused parking lots that help restaurants meet increased demand for delivery… Continue reading Tech Policies that Help Small Businesses Thrive
Espaillat, Meng Lead Call on Leadership to Eliminate Barriers to Federal Disaster Aid
MEMBERS PUSH TO MODERNIZE FEMA THROUGH EMERGENCY SUPPLEMENTAL APPROPRIATIONS BILLNEW YORK, N.Y. – Today, Representatives Adriano Espaillat (NY-13) and Grace Meng (NY-06) announced that they are leading an effort to eliminate barriers to federal disaster relief in the wake of Hurricane Ida. Espaillat and Meng led a letter calling on House Speaker Nancy Pelosi, Senate… Continue reading Espaillat, Meng Lead Call on Leadership to Eliminate Barriers to Federal Disaster Aid
Worker Shortage Crisis Intensifying as Job Openings Rise Month over Month
Our worker shortage crisis is intensifying as job openings keep rising month after month. The Bureau of Labor Statistics (BLS) reports there were more than 10.9 million job openings in the economy at the end July – an all-time record yet again. The July record is an astounding 749,000 more than in June. In total, businesses have added… Continue reading Worker Shortage Crisis Intensifying as Job Openings Rise Month over Month