Fed's Brainard: Disappearance of labor-inflation link brings risk | Amazon provides financial backing for UK's Deliveroo | Luckin Coffee IPO brings in as much as $650.8M
May 17, 2019
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Business Finance Today
Fed's Brainard: Disappearance of labor-inflation link brings risk
Fed's Brainard: Disappearance of labor-inflation link brings risk
Brainard (Daniel Roland/AFP/Getty Images)
The relationship between inflation and labor, as well as other resource markets, has broken down and could be problematic if the Federal Reserve cannot bring inflation closer to a 2% target, said Fed Governor Lael Brainard. Eventually, Americans could lose faith that inflation will ever meet the target, she said.
Reuters (5/16) 
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Your Bottom Line
Report: FDI in emerging markets dries up
Emerging markets are receiving the lowest foreign direct investment in 20 years, with little hope of improvement amid US-Chinese trade tensions, according to a report by the Institute of International Finance. Low interest rates have sent a "wall of money" to emerging markets during the past decade "so that there is now a positioning overhang," the report notes.
Reuters (5/16) 
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AFP Guide to Leveraging Business Statistics
Looking for practical ways to analyze and apply your data? Get tools you need to more accurately predict business outcomes in the latest AFP guide, "Leveraging Business Statistics." Download now.
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In the C-Suite
5 tips to improve mental agility
5 tips to improve mental agility
(Pixabay)
Have you ever been stumped by an unexpected question, only to think of a good answer too late? Timely responses require quick thinking, and Stephanie Vozza offers five tips on how to develop mental agility.
Fast Company online (5/13) 
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On the Move
Todd Mitchell named CFO of RiceBran Technologies
Mitchell was CFO of Park City Group.
Baking Business (free registration) (5/16) 
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Off the Charts
A look at Everest before the final push to the summit
A look at Everest before the final push to the summit
Mount Everest (Roberto Schmidt/Getty Images)
The Nepalese and Tibetan base camps on Mount Everest are located about 17,500 feet up, which leaves a relatively short trip to the peak and is at the highest elevation that's still safe for humans to linger at. The sheer number of people assembling every year requires the supplies, logistics and planning of a small city, writes Freddie Wilkinson.
National Geographic online (5/16) 
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May is Jewish American Heritage Month

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