June 2023

First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision

KEY POINTS The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought, according to a big upward revision Thursday from the Commerce Department. Gross domestic product increased at a 2% annualized pace for the January-through-March period, up… Read More »First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision

57% of people are uncomfortable with their level of emergency savings. Here’s how much they think they need

KEY POINTS Having ample cash set aside can help prevent an unexpected emergency from turning into a financial catastrophe. But when it comes to emergency savings, more than half of Americans — 57% — are uncomfortable with the level of money they… Read More »57% of people are uncomfortable with their level of emergency savings. Here’s how much they think they need

Historic global standards for sustainability reporting released

In a milestone moment for the creation of a global common language for sustainability reporting, the International Sustainability Standards Board (ISSB) on Monday issued its first two standards. IFRS S1, General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2, Climate-related Disclosures have an… Read More »Historic global standards for sustainability reporting released