Vicky Przybysz

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Loonie, weakest in G10, set to decline further as bearish bets reach new high

Canada’s dollar is expected to dip in the short term but stabilize in 12 months, a Reuters poll showed on Thursday, as a strengthening domestic …

More women than ever lead Fortune 500 companies this year — but it's still not that many

Here's a milestone for the Fortune 500: more women CEOs than ever lead top companies in the United States.<p>Of the 500 companies that make up <i>Fortune</i>'s …

General Motors

Mayors, Companies Vow To Act On Climate, Even As U.S. Leaves Paris Accord

Days after President Trump announced that he would be pulling the U.S. out of a global agreement to fight climate change, more than 1,200 business leaders, mayors, governors and college presidents have signaled their personal commitment to the goal of reducing emissions.<p>In an open letter, the …

Climate

Why Wal-Mart Is Winning In A Losing Industry

Wal-Mart employs 1% of America, 2.2 million people worldwide. The largest retailer in the world, its employee head count is larger than the population of several small countries.<p>Recently, Wal-Mart reported earnings per share of $1.00 versus expectations of $.96, according to Thomson Reuters …

Walmart

Trump Budget Plan Relies On Optimistic Growth Assumptions, Analysts Say

President Trump's proposed budget released Tuesday rests on a key assumption: The economy will grow much faster than it has in recent years — and at a more robust pace than most analysts predict.<p>Trump's proposal for fiscal 2018 will seek to balance the federal budget over the next decade by making …

Economics

Public To EPA On Cutting Regulations: 'No!'

As part of President Trump's executive order to review "job-killing regulations," the Environmental Protection Agency last month asked for the public's input on what to streamline or cut. It held a series of open-mic meetings and set up a website that has received more than 28,000 comments, many of …

Regulation

Planet Money: On Why India Made Most Of Its Money Worthless

India's prime minister recently decided to make almost all of the cash in his country worthless. He said it was meant to stop corruption. It turns out, that idea came from a very surprising source.<p>Transcript<p>DAVID GREENE, HOST:<p>Drama and economics are two words that do not always go together, but …

India

Google Accused Of Underpaying Female Employees

Just three days after Google announced that it had "closed the gender pay gap globally" on Equal Pay Day, a Department of Labor official testified in …

What’s in a name? How cheese became a wedge issue in the free-trade era

Nothing like a little cheese controversy to nibble away at a nation's notion of food culture. Americans are raising a stink in reaction to free-trade talks that led the European Union to push for the protection of popular names for cheeses with historical ties to Europe, like Parmesan and Brie. …

Free Trade

The stock market is looking a lot like 1929

This is the most dangerous and overvalued stock market on record — worse than 2007, worse than 2000, even worse than 1929.<p>Or so warns Wall Street …

How Reducing Gender Inequality Could Boost U.S. GDP by $2.1 Trillion

It is remarkable that gender inequality in the United States, the largest economy in the world, remains so high. While many argue that gender equality is the “right” thing to do, it is now clear that equality is also economically the “smart” thing to do. New research by the McKinsey Global …

World Economy

Why a lower loonie is (mostly) good for Canada

Stephen Poloz doesn't like to talk about the dollar.<p>And yet since he was tapped as Bank of Canada Governor, the Canadian currency has done nothing but fall – to less than 92 cents (U.S.) from near parity last May. The dollar hasn't been this low in four years, plunging nearly 3 cents this week …

Rise of Amazon leaves even more retailers in intensive care

A growing number of traditional American retailers are in intensive care -- and Amazon put many of them there.<p>The number of distressed U.S. retailers has tripled since the Great Recession and now stands at the highest level since the end of the downturn, according to a recent Moody's Investors …

eCommerce

Why Ditching NAFTA Could Hurt America's Farmers More Than Mexico's

Garland Reiter is one of the people behind the rise in imported food from Mexico.<p>His family has been growing strawberries in California for generations and selling them under the name Driscoll's. Today, it's the biggest berry producer in the world.<p>In the early 1990s, the Reiter family started …

Agriculture

Is It OK for a Bunch of Men to Lead a “Women in the Workforce” Initiative?

President Trump has just appointed two men to head up his women in the workplace initiative. The reactions are predictable: How can men appropriately represent women?<p>But that is the typical misframing of the gender issue. Gender equality is not a “women’s issue” — it’s a huge political, economic, …

CEOs