In the U.S. there are clear indicators that we may be at the peak. These include the lowest unemployment in 50 years, rising incomes across all races and job levels, a stock market that continues to reach historic highs (even with the recent volatility sparked by the spread of coronavirus), and a GDP that has been expanding for more than 10 years, beating other expansion cycles.
Despite the macroeconomic uncertainty and the unpredictable business cycle, companies need to develop their investment and growth strategies. The question they face is how do you build growth and resilience, irrespective of the stage of the business cycle? Fortunately, our research provides an answer.
In case you are keeping track:
Bloomberg - Are you a robot?
Former Trump Adviser Explored Business Opportunities With Son of Libyan Warlord – Mother
Bynum said the two men first met each other in 2017. She declined to say if Phares has earned any money through the risk assessments and meetings he has participated in with Okba Haftar, though she said Okba Haftar has paid Phares to translate documents from English into Arabic. Okba Haftar did not respond to requests for comment.
There’s no evidence that Phares’ relationship with Okba Haftar has impacted Phares’ public statements about Libya. Bynum said that Phares’ positions on the country are consistent with his longstanding views on the Middle East, and she noted that Phares has publicly supported Khalifa Haftar’s LNA since 2014 —three years before he first met Okba Haftar.
Fed makes emergency rate cut to combat coronavirus fallout | Fox Business
Federal Reserve Chairman Jerome Powell explains why the coronavirus prompted an emergency rate cut.
The Federal Reserve slashed interest rates Tuesday in an emergency move to cushion the U.S. economy from the coronavirus outbreak, and Wall Street is already betting it will lower them even further.
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The 50 basis-point reduction, the largest cut since the 2008 financial crisis, took the central bank's benchmark fed funds rate to a range of 1 percent to 1.25 percent. It followed heavy pressure from President Trump, who wants the Fed to take rates lower still, and a massive selloff last week in U.S. equities.
Quite a lot has been going on:
Here's how Kohl's is trying to fix its women's business
"Our women's business remained challenged throughout the year," CEO Michelle Gass told analysts during a post earnings conference call on Tuesday. "We recognize that we need a much more significant reinvention in women's to improve the trajectory moving forward."
The department store chain on Tuesday morning reported earnings and net sales for the fourth quarter that topped analysts' expectations. Year over year, however, its net income and net sales were down. Same-store sales, a metric that tracks sales online and at Kohl's stores open for at least 12 months, were flat during the holiday quarter.
Tampa Bay is adding small business jobs. What about wages?
The good news: The bay area was the nation's second best-performing major metropolitan area for small business job growth.
The bad news: Wages in the region averaged $24.80 an hour in February, or 2.09 percent higher than for the same month a year ago. That put the region 15th among the nation's 20 largest metro areas for year-over-year growth in hourly wages.
These numbers are from Tuesday's Paychex | IHS Markit Small Business Employment Watch , a monthly analysis of trends in hiring and pay at companies with fewer than 50 employees.
Woman creates locally sourced, healthy meal prep business | wzzm13.com
Meal planning for a family every week can be difficult. Angie Secor of Hudsonville wants to take that stress away, and do the meal prep for you.
She created a business called DinnerGirl . It's a local meal prep business, delivering homemade, fresh and healthy meals right to your door.
"I like the planning and I like the shopping," said Secor. "I realized my friends were struggling with the same thing, my peers that were also having kids and getting busy with the schedules. So they asked me to start doing it for them on the weekends. It grew from there."
Why play is good for business | Computerworld
If you're having no fun at work , that's a problem. And if your workplace culture is no fun , you're probably already finding it hard to recruit and keep the best staff.
October 2001 : Apple introduced the iPod, a product that quickly became iconic, boosted Mac market share, transformed the music industry and begat the iPad and iPhone.
January 2007 : That's when Apple CEO Steve Jobs introduced the iPhone. He made one of his rare errors when doing so, describing it as just three things in one: "An iPod, a phone and an internet communicator." History now shows that iPhones are much more than three tools in one .
Happening on Twitter
Four pieces of advice for companies looking to manage growth through market cycles. https://t.co/yFqF44BADP HarvardBiz (from Boston, MA) Tue Mar 03 18:00:04 +0000 2020
Half of humanity – 3.9 billion people – lives in cities today By 2050, almost 70% of the 🌏's population will live i… https://t.co/YPIkCIaVBL UNGeneva (from Geneva, Switzerland) Tue Feb 25 00:33:00 +0000 2020
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