Cyberattacks against accounting software firm Wolters Kluwer and the City of Baltimore in May showed how the newest wave of malicious hacking can have significant, often...Technologyread more
The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
Biden had criticized Kim Jong Un as a "dictator" and a "tyrant" at a recent rally in Philadelphia. North Korean state media responded by calling Biden a "fool of low IQ" among...Politicsread more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Getting more women involved in the U.S. economy could generate a $1.6 trillion boost, S&P Global President and CEO Doug Peterson told CNBC on Monday.
"In our research the last couple years, we've been looking at what would be the impact on markets if women had a higher participation rate? And we used Norway as kind of the benchmark, " Peterson told CNBC's Jim Cramer on "Mad Money."
"In the United States, if we were operating [at] the same level of women's participation as Norway, our economy would be 8 percent bigger, $1.6 trillion larger, than it is right now," the CEO said.
Better yet, having women enter and stay in the U.S. workforce could add some $5.8 trillion to the total global market cap, he said.
Besides presiding over the S&P 500 index, S&P Global offers a host of financial analytics services to market-watchers, industry bodies and other organizations.
Since becoming CEO in 2013, Peterson has introduced several initiatives focused on gender equality, including this study and a hashtag highlighting the benefits of closing the gender gap: #ChangePays.
"What inspired us is that, as we saw the women in our organization flourishing and we see the kinds of opportunities there are for people coming to the workforce, [it] really, really required us to take a stand," Peterson told Cramer, acknowledging that he and his company can also do more to hire and promote women.
"It starts with the tone at the top, and we believe that starts with our board, it starts with me, and we also have a lot more to do ourselves," he said.
S&P Global's stock inched up Monday, ending the day 0.28 percent higher at $194.13.