Contributed by Beth Collinge of CTG – a division of ILX Group plc.
More weak economic data out of the US increased fear of a slower recovery. China overtook Japan to become the world’s second-largest economy. US and UK bond yields sank to record lows.
Overview
Another round of weak economic data out of the US this week [...]
Contributed by Beth Collinge of CTG – a division of ILX Group plc.
In the UK last week, the Bank of England, lowered its growth forecast, saying recovery will be “choppy” and warning that inflation will remain above target. And In the US the Federal Reserve downgraded its outlook for US economy, signaling its intention to [...]
By Kate McClaskey (New York City)
The debate over city life versus suburb life has been raging for years and will more than likely rage on for years to come. In the last U.S. census, almost two-thirds (64%) of college-educated 25- to 34-year-olds said they looked for a job after they chose the city where [...]
By Natalie Sabia (New York City)
What does the Dodd-Frank Bill mean to you? That’s the million dollar question that is being asked in every conversation centered on the economy. The 2,300 page bill that was recently passed, introduces the largest wave of changes in financial regulation since the turn taken after the Great [...]
Contributed by Beth Collinge of CTG – a division of ILX Group plc.
British banks produced encouraging Q2 results, mainly due to a reduction in impairment charges and booming retail and commercial business. The Bank of England and the European Central Bank left benchmark interest rates unchanged. THe ECB president announced eurozone economic recovery “surpasses expectations”. [...]
By Elizabeth Harrin (London)
You don’t have to look too far into management research to uncover that all the statistics point to one thing: we prefer to work for men. When Ella Edmonson Bell asked her MBA students whether they would rather work for a woman or a man, most of them said they’d prefer [...]
By Elizabeth Harrin (London)
“Since banks have failed to reform we are now doing the job for them,” says Arlene McCarthy, the vice chair of the European Parliament’s Economic and Monetary Affairs Committee (ECON) and the woman who has just spearheaded new rules on bankers’ bonuses. “We have a duty as legislators to respond to [...]
Contributed by Beth Collinge of CTG – a division of ILX Group plc.
The US has avoided a double dip recession, although the Fed reported that the recovery has slowed. The Basel Committee on Banking Supervision softened some provisions in Basel III, watering down earlier definitions of capital and including a long phase-in period to comply [...]
Contributed by Caroline Ceniza-Levine of SixFigureStart™
Confidence attracts. I’m not talking about arrogance, which really bothered me when I was a recruiter and still bothers me (because who wants to deal with that!?). I’m talking about quiet confidence, poise, that “it” factor of believing in yourself and knowing you will get things done. [...]
Contributed by Beth Collinge of CTG – a division of ILX Group plc.
In the US, President Barack Obama signed into law the nation’s Dodd-Frank Financial Reform Bill: the most comprehensive overhaul of banking regulation since the 1930s. In Europe, the results of stress tests on Europe’s leading financial institutions showed that only seven of 91 [...]
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