Upratovacia služba, Bratislava, Slovensko

‘A Trust Paradox.’ New Report Finds Distrust in Capitalism, Government and Global Institutions — Despite a Strong Economy

‘A Trust Paradox.’ New Report Finds Distrust in Capitalism, Government and Global Institutions — Despite a Strong Economy

Led 22, 2020

A new report found widespread distrust in societal institutions — defined as government, business, NGOs and the media — despite a strong global economy, a phenomenon it deemed a “trust paradox.” The report concluded that people’s fears about the future are driving this trend, and proposed institutions prioritize balancing competence with ethical behavior to rebuild public trust.

Billionaires Have More Wealth Than 60% of the World’s Population, Report Finds

A new report found that the world’s 2,153 billionaires have more wealth than 4.6 billion people, underscoring the degree of global inequality.

Former White House Chief Economic Advisor to Trump Says Tariffs ‘Hurt the U.S.’

Former White House Chief Economic Advisor Gary Cohn said Sunday that President Trump’s tariffs on steel and aluminum “hurt the U.S.” and did not help the administration in trade negotiations, either.

U.S. Allows Chevron to Keep Drilling in Venezuela for 3 Months

(WASHINGTON) — The Trump administration has granted Chevron a special license to keep drilling oil in Venezuela despite a ban on American companies doing business with President Nicolás Maduro’s socialist government.

Women Are Now the Majority of the U.S. Workforce — But Working Women Still Face Serious Challenges

Going into 2020, the U.S. economy generally seems strong — especially for women, who hold the majority of jobs for the first time in almost a decade. Women held 50.04% of American jobs as of December, excluding farm workers and the self-employed, according to the Bureau of Labor Statistics. That’s up from 49.7% just one year ago.