Betsy Myers, founding director of the Center for Women and Business at Bentley University, discusses mothers returning to the workplace. Myers, who also authored the book “Take the Lead: Motivate, Inspire, and Bring Out the Best in Yourself and Everyone Around You”, says the workforce has changed with 70 percent of new entrants last year being women and people of color. She says the customer has also changed and chief executive officers are increasingly realizing they need a workforce that represents the customer. Meyers talks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage." Bentley University is a strategic partner of Bloomberg Radio.
This year is supposed to be like 1932. That’s what you would believe after reading commentators who compare current patterns in the Dow Jones Industrial Average to those at the end of Herbert Hoover ’s presidency.
The minutes of the latest Federal Reserve meeting were the subject of intense interest to a subculture of a subculture: those economics bloggers who have advocated that the Fed adopt a policy of stabilizing the growth of nominal gross domestic product. They -- OK, we -- were excited because the minutes show that the Fed is interested in our idea.
Last week’s release of the February employment report set off the predictable partisan squabbling, with Democrats emphasizing the positive (227,000 new jobs) and Republicans the negative (the still-shrunken labor force and still-high unemployment rate).
Credit Suisse Group AG Chief Executive Officer Brady Dougan won’t take part in a plan to pay employees a portion of year-end bonuses in bonds made from derivatives to avoid a conflict of interest, people briefed on the plan said.
Ever since the U.S. severed the last remnant of the dollar’s link to gold in 1971, economists have been searching for a new rule for monetary policy. The Great Inflation of the 1970s only reinforced the notion that rules trump discretion. But what sort of rule exactly?