To get back to that level and maybe even surpass it, we need someone in charge at the Federal Reserve who understands that creating conditions that increase the purchasing power of American workers' paychecks is a part of her mandate. From what she's said and done so far, it appears Janet Yellen is exactly that kind of Fed chair.
In acting upon the Expert Group's report, Norway has a problem. Not only is the Fund's immense wealth derived from North Sea oil, the Norwegian Parliament controls Statoil, one of the largest oil companies in the world. These facts pose a dilemma. They also offer Norway a unique opportunity.
The Federal Reserve Board is openly mapping out an actual job-killing strategy and drawing almost no attention at all for it. The Fed's job-killing strategy centers on its plan to start raising interest rates, which is generally expected to begin at some point this year.
I'm not one for making New Years resolutions, but I made one this year: say "no" more often. I didn't make this resolution to cut people out or to come off like a jerk, I'm doing this to make myself focus on fewer, more important things.
While it is great that Net Neutrality principles, which means that they can't screw with your Internet service, may be put into effect, it belies the more pervasive problems -- you may not be able to afford (or want to pay for) that service or get that service or have a choice about who offers you that service.
All loans are not created equal, and in recent years the personal loan has become a great option for people to use. However, you might be wondering just what makes a personal loan different from a traditional loan from your bank.
Let's fill the void in the Internet and analyze "The Dress" from a business angle. After all, many conflicts arise when working with people with different perspectives.
The global software industry -- exemplified by the unparalleled success of American-born innovation -- is changing the way we live.
Alberta tar sands oil and North Dakota light shale oil flows into the same markets, have access to the same refineries, and rely on the same pipelines and railroads to get them to the same customers. So it was never terribly plausible that Keystone would be good for the U.S. -- it was designed to make Canadian oil more competitive in global markets.
Even in organizations where the work is mostly done on an individual level, we see impressive results when people are allowed to be engaged and focused around common challenges or opportunities.
For three decades, I have been describing what is a major, perhaps a megatrend change in energy systems and their economics that impacts communities around the world.
I now declare that I am going vegan about twice a month, usually after being disturbed by the mistreatment of yet another animal in the mainstream dairy industry. And then I'm at a restaurant and spy a cheese plate on the menu and it even includes Gruyere. Oh Gruyere, you are my weakness.
Over the next couple of years, I think these are going to be pretty much the five trends to pay attention to: 1) millennials, 2) new behavior, 3) mobility, 4) technology, and 5) globalization. These are the trends that organizations are, ultimately, trying to figure out what to do about.
The economic recovery has not benefited Americans equally. We all know that. But few facts underscore that point more clearly than the startling number of consumers whose financial futures have been put on hold by subprime credit scores.
Building a successful empire is much like winning at chess, it takes strategy, experience, and the ability to consistently move the right pawn.