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The debilitating cost of remittances
Closing The Gap

The debilitating cost of remittances

Dilip Ratha knows how hard it is to work abroad and send money home. Why? Because he had to go through the same hoops when he was a migrant. It's the inconvenience and the cost, the World Bank's head of KNOMAD and lead economist says during a livestream conversation on closing the global digital gap hosted by GZERO in partnership with Visa.

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Hobbies are having a moment

After shifting toward other forms of leisure, consumers are putting more money back into hobbies—with older Millennials spending more on hobbies than any other generation. Spending is accelerating across activities like hiking, camping, skiing, scuba diving, arts and crafts, and more. Subscribe to Bank of America Institute for more insights.