Cooperation, Tech & ESG Takeaways From Davos With KPMG CEO
Paul Knopp, the U.S. chair and CEO of accounting giant KPMG, joined Cheddar News to discuss key issues such as global cooperation on technology and ESG investing from the World Economic Forum in Davos. “You think about cooperation in a fragmented world, technology is something we need to cooperate on, and certainly we're all focused on talent in this highly competitive environment and ESG in the form of climate sustainability remain major topics here at Davos," he said.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.