Latest news with #prosperity
Yahoo
2 days ago
- Business
- Yahoo
Allstate Research Shows America Has What It Takes to Improve Trust
NORTHBROOK, Ill., June 26, 2025--(BUSINESS WIRE)--America has the desire and resources to improve trust, paving the way for increased prosperity. Allstate's research highlights that high levels of local engagement can be used to increase trust in each other and our institutions, reversing the decline in trust plaguing countries around the world. "Trust in government, business and leadership has declined precipitously around the world over the last two decades, threatening the foundation of freedom and economic prosperity," said Tom Wilson, Chair, President and CEO of The Allstate Corporation. "As one of America's most trusted brands, we are working to strengthen trust. This research shows that leveraging community involvement to broaden relationships will improve trust and set America apart from the world." The national survey reveals that local community engagement is still strong and there is a path to strengthening the "united" part of America. Americans feel included and optimistic about the future but there is a high level of concern about the cost of living, the state of our country and personal safety. Americans are in a good position with two-thirds feeling included, and 74% optimistic about the future of their communities. At the same time, however, three-quarters of respondents are concerned about the cost of living, 72% about the state of the country and 64% about the safety of family and loved ones. While 59% of respondents say they trust their neighbors, that number drops to 41% for people in the U.S. Over two-thirds of Americans participate in their local communities and expect to increase their involvement. Sixty-eight percent of Americans report being involved in their local community, with a similar number expecting to increase their involvement in the future. The U.S. Census Bureau reports that volunteering increased by 20% in 2023, reversing the negative impact of the pandemic. Americans invested 5 billion hours volunteering, equal to a workforce of 2.5 million people with a value of over $167 billion. "We see the value created in every community by thousands of community-based organizations," said Kate Nack, vice president of The Allstate Foundation. Community participation and trust are highly correlated and mutually reinforcing. People with high trust levels are more satisfied with their community, have more social interactions and trust others despite their differences. Trust is self-reinforcing – the more we trust, the more we build trust. Increased levels of trust help communities solve difficult societal problems, creating a path for greater prosperity and personal well-being. Higher trust levels improve collaboration, problem solving and individual mental health. Seventy-eight percent of respondents with high trust levels are engaged in the community versus 44% of those with low trust levels. The path to rebuilding trust starts at the individual and local level. Increased community interaction, either volunteering, informal support or simply having a conversation, are the foundation for building a trusting relationship. All generations and individuals are needed to improve trust. Baby Boomers' high levels of trust can be leveraged for change. Millennials and Gen X are ready to lead. Gen Z craves more connections. "Allstate and The Aspen Institute have embarked on a three-year initiative to improve trust at the local level in order to strengthen our national civic fabric," said Louise Packard, director of strategic initiatives and leadership at Allstate. "America's community roots are sound, and we have the resources, talent and desire to improve trust. Uniting on community engagement will ensure increased prosperity and freedom in local communities and the country," concluded Wilson. Allstate conducted the survey between April 10 and April 30, 2025, reaching 5,000 adults across the U.S. The findings provide actionable insights into building trust. To read the full report and explore opportunities to help strengthen trust in your own community, visit The Trust Tipping Point Report. About Allstate The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with a wide array of protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit View source version on Contacts Allstate Media Teammediateam@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
LBCI
3 days ago
- Politics
- LBCI
US Envoy Tom Barrack: Lifting sanctions key to Syria's recovery
U.S. envoy Tom Barrack emphasized that the top priority for the United States is prosperity and security, stressing that Washington has no desire to interfere in the governance of Middle Eastern countries. 'We do not intervene in how countries are governed, nor does America wish to meddle in the affairs of Middle Eastern nations,' Barrack stated. He said Syria should be given the opportunity to recover, which requires lifting sanctions. Barrack also noted that the U.S. and Saudi Arabia are working together to eliminate terrorism. He added that history has shown that interventionist policies in the Middle East have failed. 'We didn't topple the Assad regime — the Syrian people did that,' he said, adding that he was impressed by President Ahmed Al Sharaa's focus and understanding of history.
Khaleej Times
3 days ago
- Politics
- Khaleej Times
UAE rulers wish residents, pray for regional peace on Hijri New Year
UAE President Sheikh Mohamed wished people on the occasion of Hijri New Year 1447, while paying for lasting peace in the region on Thursday, June 26. Taking to X, the leader offered his congratulations to Muslims across the globe. "Congratulations to the people of the UAE and Muslims everywhere on the occasion of Hijri New Year. "I pray that the year ahead brings lasting peace and stability to the region and the world, and advances progress and prosperity for all," he added. Meanwhile, Dubai's Ruler also wished people on the blessed occasion. "We congratulate the Arab and Islamic nation on the new Hijri year 1447 … We ask Allah that it be a year of goodness, blessings, and prosperity. May every year bring you more beauty .. May every year bring better days .. May every year bring our peoples safety, security, peace, stability, and prosperity," said Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Bloomberg
4 days ago
- Business
- Bloomberg
Deals Veteran Ken Moelis Sees World ‘Getting Better Every Day'
Ken Moelis, the veteran Wall Street dealmaker, predicted a golden era of prosperity across the globe, shrugging off tariff uncertainty and wars in the Middle East. 'The world is getting better every day,' Moelis said in an interview on Bloomberg Television Wednesday, citing increased government spending in Europe along with opportunities in the UK and even potentially Iran. 'If you keep your eyes on the long term, I'm very optimistic. The problem with the world today is pessimists get the headlines. Everybody trying to point out everything negative that can happen.'
New York Times
20-06-2025
- General
- New York Times
We Need to Make America Grateful Again
We live in the most materially prosperous era in human history. Over the past half-century, child mortality has fallen by two-thirds in the United States, medical advances have made lives longer and more comfortable, education rates have soared, and material comforts like air-conditioning, plumbing and internet access abound. Although our country faces many challenges, the progress of the past decades has ushered in conveniences and opportunities that previous generations could scarcely imagine. Yet we are anxious, restless and often enraged. Why? It's not only about our circumstances. It is about how we perceive our lives. Although technology has elevated our standard of living, it has created a warped lens of comparison. Americans' many anxieties — about the state of our democracy, among other pressing worries — are increasingly born out of envy. Rarely has envy been so easily provoked, profitably spread or deeply embedded in daily life. This collective envy runs the risk of cutting the threads that hold our democratic system and civil society together. In his 'Divine Comedy,' Dante Alighieri described envy not just as a personal sin but also as a societal toxin. In 'Purgatorio' the envious are punished by having their eyes sewn shut — blinded to their own blessings, tormented by the success of others, which they can still hear about. That poem was written more than seven centuries ago. Today our punishment is the inverse: Our eyes are forced open, flooded with curated illusions of friends and strangers alike on social media. We scroll through images of other people's vacations, seemingly perfect families, luxury homes and effortless success, and we start to feel that we're falling behind, even if we are objectively thriving. There is a strong argument that social media can provide access to important information and a sense of community. However, the consequences of this technology and the slow drip of dopamine it administers present massive dangers to the well-being of our society. Social media didn't invent envy, but it industrialized it. It turned comparison into a business model. The average teenager spends almost five hours per day on platforms whose algorithms are finely tuned to monetize discontent. We have handed over the emotional development of an entire generation to corporations with an incentive to keep them scrolling and feeling less and less content. Into this fragile emotional landscape stepped Donald Trump. His genius was not policy but narrative. He told millions of Americans what they already felt: You are losing. Someone else is winning. And it is not your fault. Others are to blame. He named villains — immigrants, China, coastal elites. He successfully rebranded envy as righteous anger. His political project was never about making America great again. It was about explaining why other people seemed to be doing better. Ironically, essentially no one is taking advantage of America. The United States built the postwar order and wrote the rules of the global game. Our government designed the trade agreements and a financial system that benefited Americans. That's why the U.S. gross domestic product is almost 60 percent larger than that of its nearest rival, China. American companies have historically dominated in science, technology, aerospace and defense. They lead the way in banking and capital markets, media and entertainment, biotech and pharmaceuticals, professional services and higher education. Want all of The Times? Subscribe.
