If your nonprofit or foundation pays an active investment manager, you’re almost certainly paying for underperformance. That’s what two decades of data show. The SPIVA Scorecard, published by S&P Dow Jones Indices and widely regarded as the definitive benchmark of active versus passive performance, has tracked
When Pope Leo XIV apologized this week for the Catholic Church’s role in legitimizing slavery, he did more than name a “wound in Christian memory.” He acknowledged that the Church helped design an economic order built on African bondage. In the same encyclical, Magnifica Humanitas, he warns that artificial
"The central policy question is not only how to regulate AI, but who it belongs to, who it serves, and who has a right to benefit from it." Introduction: AI at a Crossroads Artificial intelligence is rapidly becoming part of the core infrastructure of the global economy, shaping