New climate reporting rules start on July 1. Many companies are not ready for the change
PaeGAG/ShutterstockA new financial year starts on July 1. For Australia’s large companies, that means new rules on climate-related disclosures come into force.
What is reconciliation − the legislative shortcut Republicans are using to push through their ‘big, beautiful bill’?
Senate Majority Leader John Thune speaks with reporters about the reconciliation process to advance President Donald Trump's spending and tax bill on June 3, 2025. AP Photo/J. Scott ApplewhiteThe word “reconciliation” sounds benign, even harmonious.
What Counts as Productive?
The most essential work in society isn’t accounted for in economic statistics.
Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows
Cutting off China's access to advanced U.S. chips is likely to motivate Chinese cyber espionage. kritsapong jieantaratip/iStock via Getty ImagesThe United States is trying to decouple its economy from rivals like China.
Checking in on New England’s fishing industry 25 Years after ‘The Perfect Storm’ hit movie theaters
Filming 'The Perfect Storm' in Gloucester Harbor, Mass.
Why power skills – formerly known as ‘soft skills’ – are the key to business success
What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely.
Today I am a business-school educator, but I began my career in the corporate world. I faced a challenge so intense that it motivated me to go back to school and earn a Ph.D. so I could help others lead with greater purpose and humanity.
Why power skills – formerly known as ‘soft skills’ – are the key to business success
What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely.
Today I am a business-school educator, but I began my career in the corporate world. I faced a challenge so intense that it motivated me to go back to school and earn a Ph.D. so I could help others lead with greater purpose and humanity.
Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market
Paul Newman, the late actor and philanthropist, co-founded Camp Boggy Creek, which children with serious illnesses and their families attend for free. AP Photo/Phelan M. EbenhackU.S.
The Bank of England, Financial Conduct Authority, Prudential Regulation Authority, and Payment Systems Regulator revise Memorandum of Understanding in relation to payments in the UK
The Bank of England (the Bank), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), and the Payment Systems Regulator (PSR) (the Authorities) have a Memorandum of Understanding (MoU) which sets out the high-level framework that we use to cooperate with one another in relation to payments in the UK.
Climate change, firms and aggregate productivity
Our paper uses a general equilibrium framework to examine the effects of temperature on firm-level demand, productivity and input allocative efficiency. Using data from Italian firms and detailed climate data, it uncovers a sizeable negative effect of extreme temperatures on firm-level productivity. Based on these estimates, the model generates aggregate productivity losses from local temperature fluctuations that are higher than previously thought, ranging from 0.60% to 6.82% depending on the scenario and the extent of adaptation.
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