Facebook’s employees in India have apparently been conveyed the message that controversies like the one around company’s policy on hate speech posts are to be expected given its reach.
Women business owners report a more difficult path ahead than their male peers as the economy attempts to recover from the coronavirus crisis over the next year, according to a new report by the U.S. Chamber of Commerce.
The Chamber surveyed 500 business owners in July, most of whom operate small businesses with fewer than four employees. In the first quarter of this year—before the onset of the coronavirus pandemic in the U.S.—male and female business owners both said they expected revenue to rise in 2021. But the past several months of the pandemic have created a gap in expectations. Last month, the share of male business owners who said they were optimistic about future revenue growth remained steady at 57%, while the percentage of female business owners who expect to bring in more revenue next year dropped by 14 points to 49%.
Revenue isn’t the only statistic where … Read the rest
With the White House still unable to resolve its impasse with Democratic leaders in Congress over a new spending package after expanded unemployment benefits and other aid measures expired at the end of July, survey respondents were more pessimistic about their job prospects as well.
If you take a look at some of the top performers in the stock market right now, it appears one thing is winning: growth.
And while many are predicting that pricey tech stocks will continue their trek higher, Bank of America analysts are warming up to certain value stocks, equity and quantitative strategy analysts wrote in a research note Tuesday. In 14 of the last 14 recessions, “value stocks led in the recovery,” BofA analysts wrote in a July note.
“The conditions have never been more right for value to far outperform growth as the economy recovers over the next few years,” Vitali Kalesnik, a Ph.D. economist from the University of California, Los Angeles, and director of research for Europe … Read the rest
Data Tampering: 3rd party collectors to pay fineThe ministry of statistics and programme implementation (MoSPI) has proposed a data ombudsman for in-house resolution of issues related to the collection of statistics to reduce the number of cases that need legal recourse.