Rising stock prices and dropping bond yields suggest further tightening of monetary policy is in order, Federal Reserve Bank of New York President William Dudley said. Treasury and mortgage-backed bond markets have been unaffected by news of the Fed's plan to shrink its balance sheet, evidence that the central bank's communications have "been effective in fostering an orderly adjustment in expectations," he said.
Companies should prepare employees for an active-shooter situation, writes safety-training expert Judie Smithers. She offers nine tips for training, including how to spot potentially violent behavior, how to evacuate or hide, and what to do when law enforcement arrives.
Twenty students ages 9 to 13 recently learned about the Revolutionary War during a weeklong writing summer camp at Cowpens National Battlefield in South Carolina. The students participated in activities designed to engage them in US history, including one in which they were assigned to write a story about the war from a soldier's perspective.
British Prime Minister Theresa May should form a proposal for protecting EU citizens' rights after Brexit that has "more ambition, clarity and guarantees," says Michel Barnier, the EU's chief Brexit negotiator. EU officials are particularly concerned that May rejects the view that a European court should resolve any conflict regarding EU citizens' rights.
Wal-Mart has no plans to make a bid to purchase Whole Foods Market, sources said Friday. Whole Foods had not received additional bids outside of the $13.7 billion offer from Amazon as of the end of last week.
A study in Pediatrics found that school-age youths were 5.4% more biased against overweight children than normal-weight peers. The findings, based on data involving 100 children ages 9 to 11, showed a 7.9% implicit bias rate among study participants with normal weight, compared with 1.4% among those who were overweight.
Ninety percent of consumers on social media say social video has influenced a purchasing decision, and one-third say influencers are their most trusted sources for shopping advice, per Geometry Global and gen.video. Seventy-seven percent of respondents said social media is their top place to get shopping inspiration, and 77% also trust peers more on social platforms.
More than 500 members of the largely female workforce in Cambodian sportswear factories have fainted over the past year due to long hours and excessive temperatures. "There is no proper investment in an adequate working environment and no investment in the living wage," said Bent Gehrt, Southeast Asia field director for the Worker Rights Consortium.
Classic Sega games including "Sonic the Hedgehog," "Altered Beast," "Kid Chameleon," "Comix Zone" and "Phantasy Star II" will be released on mobile devices with the Sega Forever initiative. The company intends to release more than 1,000 games, with new releases anticipated every two weeks.
The FDA has approved Portola Pharmaceuticals' drug BevyxXa, or betrixaban, the first oral medication developed to inhibit blood coagulation in patients who are hospitalized for long periods, such as those with pulmonary disease and heart failure or who have suffered a stroke.
Foxconn, a manufacturer based in Taiwan, is considering a $10 billion investment in manufacturing in the US. The facilities could be built in three different states, and the company plans to release details in August.
California produced so much solar power in the first three months of the year that, to avoid overloading its power lines, the state paid other states to take excess electricity. But while California has been hugely successful producing renewable energy, the resulting policy concerns, rate increases and overlap with other energy sources has created turmoil for regulators, utilities and the state legislature, among others.
Stickman Tribe's Marcos Cain says creating spaces for "Instagram moments" is important to each project. He cites the area around the swimming pool at the Fairmont Fujairah.