Articles of Interest
Women Are Causing a Financial Boom. What’s Fueling the “Sheconomy”?
In the United States alone, women have had an economic impact in 2023 totaling $8.95 billion. This unprecedented statistic has led to headlines that we are experiencing the year that women changed the equation in terms of their economic value. “When it comes to incremental impact, women have caused a 0.5% GDP “bump” in US GDP – more revenue than the 2008 Olympics,” says Julie Yufe, SVP Vodka & Rum at Diageo.
I Asked a Financial Planner for Retirement Tips As a Single Woman
As a single woman who has lived on her own in a major city for several decades, I've had to to contend with many challenges when it comes to managing finances and planning for retirement. Not only do we live longer, but the gender pay gap is real. For every man's dollar, women earn 84 cents. Plus, women are often put in a caregiving role, which means time off from work — and not contributing regularly to retirement funds.
Engaging Women as Leaders: Leaders Call for Innovation, Financing, and Collective Action at the 2023 Annual Meetings
The World Bank
During the IMF-World Bank Annual Meetings’ “Engaging Women as Leaders: Innovation, Financing and Collective Action” event on October 11, speakers from government, international organizations, the private sector, and civil society pressed for the economic inclusion and empowerment of women, agreeing on the enormous benefits to economies and societies of accelerating gender equality.
Long Before Hitting a Glass Ceiling in the Workplace, Women Face a ‘Broken Rung,’ Report Finds
Women in corporate America have come a long way in the last decade. While the overall gender pay gap has not changed much, it has narrowed among top executives. For the first time ever, women CEOs make up more than 10% among Fortune 500 companies. But CEOs are often recruited from among top leadership and seeing even more women in the C-suite is key to having more women ascend to the highest levels.