Fed report on economy is cautiously upbeat
The Federal Reserve maintains a broadly optimistic tone in the Beige Book, citing a pickup in consumer spending and a resurgent housing market. "For the Fed, it's slow progress but not enough to alter its rate of asset purchases," BNP Paribas economist Yelena Shulyatyeva said. Reuters
17 of 18 biggest financial companies pass stress test
Most banks have sufficient capital to survive another financial downturn, the Federal Reserve said as it released results of the latest stress test. "Significant increases in both the quality and quantity of bank capital during the past four years help ensure that banks can continue to lend to consumers and businesses, even in times of economic difficulty," Fed Governor Daniel Tarullo said. Ally Financial is the only bank that did not meet the Fed's standards. The Wall Street Journal
|10 ways to inspire creativity in your staff.|
Fostering creative business practices isn't as hard as it seems and can lead to smart solutions. Use these ten techniques to help inspire and encourage creativity in your staff. Read the article and learn 10 ways to get the creative juices flowing.
Never take a promotion without negotiating pay
Don't let your employer pressure you into accepting a promotion before you've discussed a pay raise, Alison Green writes. Your negotiating power disappears as soon as you accept the offer. "If they put you off and push you to start doing the new job now, you need to hold firm: 'I'm not comfortable taking on a new job without discussing the terms, such as salary,' " she writes. Ask A Manager blog
Start today at making your workplace great
Even entry-level employees have the power to make their workplaces better for everyone, Alan Henry writes. Start small by having a conversation with your manager about possible morale boosters. "The key ... is to be tenacious. You won't be able to just throw a suggestion at your manager or their manager and then walk away," he writes. Lifehacker
|Transformational Journeys: Modern Business Planning|
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.
Help SmartBrief cover SXSW Interactive!
SmartBrief will cover the South by Southwest Interactive Festival through Tuesday in Austin, Texas, and we need your help! SXSW has too many must-see events for our staff to cover, so we're turning to readers to help document the best panels as blog contributors. If you're headed to Austin and want to contribute to SmartBrief's blogs on social media, leadership, finance, food and beverage or education, check out our guest-post guidelines and send a note to Jesse Stanchak.
Please contact one of our specialists for advertising opportunities,
editorial inquiries, job placements, or any other questions.