For over 28 years, Democrat and Republican administrations have used retirement plans as political ping pong balls in the fight over economically targeted investments (ETIs) and using environmental, social, or governance (ESG) factors. On November 22, 2022, the Department of Labor (DOL) continued this trend by issuing a final rule on investment duties and ESG… Seguir leyendo DOL Should Just Let ERISA Fiduciaries Do Their Jobs
Categoría: Economy
Business Leadership at COP27: Notable Outcomes and the Path Forward
The U.S. Chamber of Commerce was proud to represent the private sector at the conference with our largest delegation ever, working closely with business and government allies from the U.S., Egypt, and other countries around the world to convey the important role of business in implementing climate solutions. The U.S. Chamber participated in nearly 20… Seguir leyendo Business Leadership at COP27: Notable Outcomes and the Path Forward
AmeriCorps Announces Funding Opportunity for Tribal Communities
WASHINGTON, DC. December 6, 2022.- AmeriCorps, the federal agency for national service and volunteerism, announced today the 2023 AmeriCorps Seniors Native Nations and Indigenous Elders Senior Demonstration Program funding opportunity. Tribal-affiliated organizations that engage older adults in volunteerism are eligible to apply, including federally recognized American Indian and Alaska Native Nations, higher-education institutions, state, local… Seguir leyendo AmeriCorps Announces Funding Opportunity for Tribal Communities
American Businesses Need Congress to Act on Inflation and the Economy
Voters recently sent a clear message that the economy and inflation are their top priorities, and lawmakers must commit to real solutions in the 118th Congress. The U.S. Chamber was proud to support 92 pro-business candidates, with the vast majority winning their races. We stand ready to work with them, congressional leadership, and all… Seguir leyendo American Businesses Need Congress to Act on Inflation and the Economy
IDB World: Financial Innovation; Private Funding for the Power Sector; Green Housing
Can financial innovation reduce the housing deficit? There are few things that improve people’s quality of life more than having access to decent housing. However, the deficit of this type of housing in Latin America and the Caribbean (LAC) is currently more than 45% and it is estimated that it could reach 90% in 2050… Seguir leyendo IDB World: Financial Innovation; Private Funding for the Power Sector; Green Housing
How Small Business Owners Can Navigate Inflation and High Interest Rates
According to the latest MetLife & U.S. Chamber of Commerce Small Business Index, small businesses’ concern over inflation has reached a new high as more brace for an uncertain future. The survey found 71% of small business owners believe the worst is still to come with regards to inflation. With inflation keeping costs high, and escalating interest… Seguir leyendo How Small Business Owners Can Navigate Inflation and High Interest Rates
Making the Case for Trade with the Americas
The Americas have an opportunity to build on our economic ties to drive sustainable growth and emerge from the pandemic as a more integrated and competitive economy. The U.S. Chamber of Commerce’s Association of American Chambers of Commerce in Latin America and the Caribbean (AACCLA) released a series of country fact sheets, including details on top… Seguir leyendo Making the Case for Trade with the Americas
The Economy Isn’t Doing as Poorly as You Think Due to Second-Hand Pessimism
As the economy continues to suffer from high inflation, we see a paradox emerging. Individuals and businesses report feeling bad about the economy, but they are still spending and making new investments. We call this divide between how consumers say they feel about the economy (bad) and how they’re acting (still spending) second-hand pessimism. Usually,… Seguir leyendo The Economy Isn’t Doing as Poorly as You Think Due to Second-Hand Pessimism
MasterCard and Hi Announce First Personalized NFT Avatar Card
Crypto and fiat financial app HI announced the launch of the world’s first debit card with NFT avatar customization, powered by MasterCard company. To obtain this type of card, eligible cardholders will be able to customize the face of their card with an NFT avatar they are verifiable from and spend in more than 90… Seguir leyendo MasterCard and Hi Announce First Personalized NFT Avatar Card
An Open Letter to the U.S. Business Community: How We Measure Success
The U.S. Chamber of Commerce measures our success by what we deliver for you—our members. We believe in the power of the American business community to improve lives, solve problems, and strengthen society—and for 110 years we have helped you do it. So, as Congress adjourns for August recess, we wanted to take a moment to reflect… Seguir leyendo An Open Letter to the U.S. Business Community: How We Measure Success