There is a huge disparity in labor force participation among over 65-year-olds across different OECD countries. According to data from the organization, Japan and Korea are the places where those aged 65 and over are making up the biggest share of the …
Protests and strikes that have disrupted France for weeks are expected to grow more intense as the government yesterday decided to force through a controversial reform raising the minimum standard retirement age from 62 to 64. The change has been in th…
This Friday, March 17, is World Sleep Day, an annual celebration that aims to raise awareness of the importance of getting a good night’s sleep. This year’s campaign tagline is “Sleep is essential for health.” According to a study by the American Colle…
We can also predict that the next round of instability will be more severe than the previous bout of instability.
Following this week’s release of GPT-4, OpenAI’s new multimodal model accepting image and text inputs rather than ChatGPT’s text-only prompts, people on social media have been marveling about the new engine’s results in performing a variety of tasks, s…
Our faith in the wobbling world of hyper-financialization will soon be tested.
English football commentator Gary Lineker will be returning to the BBC’s landmark Match of the Day programme, after a weekend-long dispute with the news organization. Lineker was asked to step back from his role on Friday after he tweeted on his privat…
There is little risk of a crisis in the banking sector, but that does not mean there aren’t badly run banks. QE and Basel III have made the banking sector significantly more liquid and resilient such that a replay of the GFC is very unlikely. However, individual banks under poor management can still be subject […]
Last week started with investors focused on Jerome Powell’s testimony before Congress and any hints about future monetary policy. During the course of two days of testimony, that was deemed more hawkish than expected, the market priced in another rate hike and pushed out the possibility of a rate cut all the way to January […]
Silicon Valley Bank was shuttered by regulators becoming the largest bank to fail since the height of the Financial Crisis. What happened?
