What is inflation, anyway? It’s a word we hear pretty often, but it’s not always clear what it means. Here’s a rundown of the basics – and why inflation matters to us all.

What is inflation?

It’s basically just an increase in the price of goods and services over time. For example, maybe you’ve noticed you’re paying £1 for a pint of milk now rather than, say, £0.98 a few months ago.    

It has a few causes: 

  • Demand exceeding supply (i.e. there’s not enough of a product or service to go around. Consumers are willing to pay more, so businesses can raise prices)
  • Raw materials increasing in price, which means it costs more to manufacture a product
  • The government being in debt and printing more of its own money to cover its spending  

The main problem? If wages don’t keep pace with the rate of inflation, people can’t afford to … Read more

According to the National Alliance to End Homelessness, more than half a million people experience homelessness in the United States each year. This number is only rising as a result of the COVID-19 pandemic. Even before the pandemic hit, it was no surprise that when the Impact Labs team held an open call for social challenges that our community would like to tackle together, housing and homelessness was at the top of the list.

That’s why Impact Labs brought together a team of Community Fellows and Salesforce employee volunteers to work together to investigate ways technology could alleviate friction for people experiencing homelessness and strengthen the work of the service providers and organizations that support them. Salesforce.org Impact Labs believes that change doesn’t happen in a vacuum and requires cross-sector collaboration, which is why we put together this incredible cohort to collaborate on tackling such a complex issue.

Representatives … Read more

Although its shares are still down almost 27% in the last 12 months, HSBC (LSE:HSBA) has rebounded substantially from its lows. While the HSBC share price traded for as low as 283p in late September, they now trade for around 417p or almost 50% higher. Evidently, many investors are increasingly optimistic over the bank’s future.

Speaking of future events, here’s one big event that I think could be important for the HSBC share price.

The big event

The bank is expected to release its annual results on 23 February. I think the release could be important for several reasons.

First, I expect management to announce that they are paying a dividend again. British regulators are no longer against banks paying dividends now the worst of the pandemic is seemingly over. Fellow British bank Barclays also recently announced that it is paying a dividend again. If HSBC pays a dividend, I … Read more

WorkInProgress (WIP) launched an organic and paid digital effort for Mike’s Hard Lemonade on Friday that stars the most recent viral pop cultural star. In its first work for Mike’s Hard Lemonade, WIP incorporated “unreleased footage” from the Kitten Zoom Filter Mishap Lawyer video to illustrate how “a hard day calls for a hard lemonade.” The original video went viral last Tuesday when Texas lawyer Rod Ponton struggled to switch off the adorable baby kitten face filter during the Zoom hearing with a judge and other lawyers.

“I’m here live — I’m not a cat,” he nervously assures the assembled masses at one point, a statement that sounds even funnier when it’s mouthed by a googly-eyed kitten and offers to proceed with the meeting while using the avatar as his assistant troubleshoots the issue.

In Mike’s 17-second video, the camera cuts from the kitty to Ponton sitting at his … Read more

K-12 leaders are continuing to adapt through the pandemic and respond to evolving student and family needs. Many are using data in new ways to provide holistic support, make strategic decisions, and resiliently tackle the many challenges their communities face today. 

In a recent conversation with Steve Clay, the Executive Director of Analytics, Strategy, Assessment and PEIMS of El Paso ISD, and Jaymie Lollie, the Community School Manager of Frick United Academy of Language (part of Oakland Unified School District), we gleaned three takeaways about how they’re using data and technology to advance equity. 

1. Create a Data Culture That Directly Supports Your Mission

El Paso ISD serves over 55,000 students in west Texas, with more than one-third having limited English proficiency. “Our mission is to prepare every student for higher learning and careers to empower them as knowledgeable and engaged citizens, innovators, and drivers of a robust, Read more