Worklife
Learn about how you can achieve a better work-life balance, and check out the latest news about the world of work, including advancements on ideas like the four-day work week and universal basic income.
Secondhand clothing could soon become a bigger market than fast fashion
Shopping for second-hand clothes has gone from a niche fashion statement to trendy in just a matter of years, which is a huge win for the environment. In fact, the industry the resale of second-hand clothing is currently worth $24 billion and is expected to reach $51 billion in five years. Most Read More...
Microloans are starting to show some promise for low-income women in New Jersey
For a while, microfinance was the hottest trend in global development. The promise? That you could transform a poor person’s life with a very small loan that would let them start their own business — and then the lender gets their money back, which could then go on to transform someone else’s Read More...
The world’s biggest divestment in oil and gas is underway
The world’s largest sovereign wealth fund, which manages $1 trillion of Norway’s assets, is to dump investments in firms that explore for oil and gas. The divestment will gradually start phasing out $8 billion held in 134 fossil fuels companies, making it the biggest divestment the world has Read More...
Are we entering the era of the post-consumer?
One of the key things we learned from the UN’s latest report on climate change is that to successfully limit global warming to 1.5C, people must start making changes in their lifestyle. The good news is that many millennials are doing so already by not following the typical consumerist behavior Read More...
One of the biggest criticisms of Universal Basic Income has been proven wrong
Existing welfare programs are a tangled mess. If welfare recipients start making too much money, they lose food stamps, medical care, and housing vouchers—essentially trapping recipients in poverty. One way around this problem is universal basic income (UBI), which guarantees every citizen a Read More...
New credit card allows immigrants without a credit score to easily build one
For immigrants who lack a credit history in the US, it can be difficult to do things such as buy a home or get a credit card. Petal, a new online company, solves this issue by connecting people with little to no credit history with a line of credit of up to $10,000. Instead of relying on the narrow Read More...
Contactless payments are coming to the U.S., another threat to the use of cash
Contactless payments are set to finally become widespread in the US, posing a renewed challenge to the use of Read More...
Foreign aid campaigns have long been flawed—these groups are changing this
The problem with foreign-aid donations is that they often fail to create the positive impact that donors had hoped for. Specifically, while large-scale efforts often improved infrastructure, they typically fell short on a key dimension: bring greater democracy and inclusiveness to decision-making Read More...
At this new online banking platform, customers are the owners
In a given year, the biggest banks in the U.S.–Wells Fargo, Citi, Bank of America, and JP Morgan Chase–rake in billions of dollars in fees that their customers pay to the bank they are with, and money they have to turn over if they overdraw from one of their accounts. Often, the banks then Read More...
Blockchain could prevent charity money from going into the wrong pockets
There is a large number of corruption cases involving charitable organizations with some of the money never making it to those in need. Blockchain technology can come to the rescue here as it allows most processes to become radically transparent: from spending and money transfers to supply chains Read More...