

Bloomberg Businessweek Weekend - December 20th, 2024
10 snips Dec 20, 2024
Jonathan Maxwell, the Founder and CEO of SDCL, shares his insights on ESG investing and the critical challenges in achieving sustainable development. He discusses the complex intersection of environmental goals and economic realities. Meanwhile, Trini Woodall, founder of Trini London, recounts her inspiring journey as a female entrepreneur in the beauty industry, sharing her innovative growth strategies and the unique hurdles faced by women in business. The conversation is a blend of sustainability and empowerment, providing valuable perspectives on modern entrepreneurship.
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Market Reactions to Economic News
- Good economic news sometimes leads to negative market reactions.
- A strong economy, robust employment, and lower interest rates aren't always welcomed by investors.
Current State of the US Economy
- The U.S. economy remains robust, despite some normalization from the post-COVID period.
- Businesses face challenges like hiring difficulties, increased wages, and supply costs.
IKEA's Pricing Strategy
- IKEA's price cuts in 2024 led to increased sales volume.
- They sold more pieces than the previous year, despite a challenging economic climate.