Kari’s newest piece focuses on political diversity in the workplace. In a country more polarized than perhaps at any other time in history, it’s still important to avoid political homogeneity in the workplace. In addition, she offers some principles she’s used as a boss for smoothly navigating political discussions.
This is something we’ve talked about often – the high percent of income Americans spend on housing and the percent dropped slightly in the last reading. They measure the percent of the renting population spending over 30% of their income on rent – it was 49% but just fell to 48% in the last reading.
While it’s easy to see both the points of view of the Black cabbies and the often-immigrant Uber drivers in London, the key is designing a solution so both sides feel equally vindicated and compromised.
Geopolitical tensions are giving investors pause around the war. Read my thoughts on the situation on CNBC.com.
Equating the price of a drug to the value of a life is not, as pointed out, the way fire departments or hospitals respond to life threatening situations, so why should drug makers use this analogy all the time?
We keep adding jobs and the unemployment rate is extremely low. So why don’t overall wages rise more that 2-2.5% year over a year? Holding constant the retirement of high paid baby boomers and millennials entering the work force at starting salaries, we should still normally see more wage growth and tightness in the labor market. However, this quandary is really not such a puzzle. One key reason is likely that some of today’s fastest growing companies use lower price to attract customers. If they sell goods and services cheaper than existing competitors, they can’t succeed without keeping their own costs down. Labor is one the biggest single costs for most firms, and therefore, it becomes very difficult for labor to demand or for owners to offer higher wages than necessary.
Kari wrote an op-ed for CNBC today. In it she describes a useful set of principles that anyone can utilize in this new age of market unpredictability and bizarre presidential Tweets.
Aureus Summer of 2017
Here are some pictures of the Aureus team enjoying the Summer of 2017. This summer brought new puppies, babies, vacation, historic sight-seeing, and (some) exercise. Enjoy!
Perhaps because Amazon and others attract billions of consumers with rock bottom prices, no firms have money to pay higher wages, although they need plenty of workers to fill orders.
This video and description was originally posted by CNBC.
Discussing the trade on Nike following the company’s Q2 earnings report, with the “Fast Money Halftime Report” traders; Stephanie Link, TIAA Global Asset Management; and Karen Firestone, Aureus Asset Management CEO.
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