Economic Growth: While many companies have fully reopened and thus, stimulated the economy, there’s been a recent shift in their behavior. The uncertainty of the delta variant is causing companies to hire cautiously as they wait and see what is to come. The New York Times covers several risks that we are starting to see arise as a result of a few various factors. While our economy is steady, we may see a decrease in growth as things settle.
Debt and Sustainability: Chief Financial Officers across the world are coming together to discuss debt and sustainability. According to The Wall Street Journal their goal is to link debt to their sustainability goals. The sustainability bonds, unlike green bonds, do not need to be directly linked with environmental goals. This general use allows for more flexibility in how these companies use these bonds to improve their company.
Profits of Grad School: As the job market becomes more competitive, many may ask if grad school is worth the investment in the long term? Well according to CNBC, depending on your field, it could give you up to an 87 percent increase in your salary. This is not true for every major, accounting and finance majors may only see a 4 to 15 percent increase in their salary. However, there are additional benefits that come with having a higher education. For instance, those with master degrees were less likely to have been laid off during the pandemic and have an unemployment rate that is two times lower than that of high school graduates.
Fossil Fuel Markets Suffer: As fuel prices continue to increase, industries that rely on fuel are beginning to suffer. They are unable to fund the costs of fuel themselves and are turning to banks in order to receive funding. The Wall Street Journal covers why these banks are hesitant to lend money to these industries based on the early months of the pandemic.