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Gen Z workers are adopting a workplace hack called "managing up" which has gone viral on TikTok. Some users, however, say having to manage up is a clear signal of a toxic work environment. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. However, some TikTokers are not so convinced that managing up is healthy, arguing that it signals a toxic environment. Although managing up could be a hassle for already-stressed employees, Gen Z are known for having greater demands for flexibility and work-life balance.
Persons: Andy Molinsky, Amy, TikToker Marie Carmen Pizzaro, Brandeis, Wladislaw Rivkin, they're, I've, Gen Organizations: Service, Brandeis International Business School, Trinity Business School Locations: Wall, Silicon, TikTok
BENGALURU, Feb 25 (Reuters) - U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight against inflation "is not a straight line" and more work is needed. The strongest U.S. consumer spending data in nearly two years on Friday showed that the Fed's preferred measure of inflation, the personal consumption expenditures price index (PCE), jumped unexpectedly in January, calling into question whether the Fed remains behind in its inflation fight. Revisions to prior data showed that previous disinflation was milder than previously reported, and that data added to financial market fears that the Federal Reserve could continue raising interest rates into summer. "I think this report showed that it's not going to be a straight line - disinflation is not a straight line," Yellen said, adding that inflation "remains a problem." "It’s one read, but core inflation still remains at a level that's above what's consistent with the Fed’s objective.
Some estimates have suggested the unemployment rate, currently at more than a five-decade low of 3.4%, may have to approach 7% for inflation to fall on a reasonable timetable. But a series of rapid rate hikes last year, which pushed the Fed's benchmark overnight interest rate from near zero to the current 4.50%-4.75% range, has so far been relatively cost-free. Those projections have inflation dropping to 2.1% by the end of 2025, with the economy growing throughout and the unemployment rate rising only to around 4.6%. By contrast, they said "the cost of lowering inflation to the Fed's 2% target by 2025 will likely be associated with at least a mild recession." Perhaps too reliant on the tame inflation of recent decades, the Fed made a "significant error" by not raising interest rates "preemptively" when inflation began accelerating in 2021, the group concluded.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't regulate crypto, allow it to implode, says Brandeis Professor Stephen CecchettiBrandeis International Business School Professor Stephen Cecchetti joins 'Closing Bell' to share his beliefs on why regulators should resist the urge to regulate crypto, the reasons to limit bank exposure to crypto and the concerns associated with regulatory weakness around crypto.
Here are seven alternatives to stand out at work as an introvert, according to behavioral experts. In a world that rewards boisterous extroversion, being an introvert at work can feel like a disadvantage. "We see this when you look at leadership statistics," said Susan Cain, the author of popular introvert bible "Quiet." "It's not so much about promoting yourself as it is about sharing expertise, which is a mindset that's much more comfortable for many introverts," Cain said. Cain said: "For many introverts speaking up takes a toll, so it's something that you want to do more strategically.
Definitions vary, but behavioral experts say it's about managing your relationship with your boss. Insider spoke to two behavioral experts who explained how it can protect your career in a recession. The thought of "managing" your boss might sound like a daunting task, but behavioral experts suggest that managing up can protect your career in a recession. Definitions of the phrase vary, but it's really about "managing the relationship that you have with your boss," according to Andy Molinsky, professor of organizational behavior at Brandeis International Business School. "I think the idea of managing your boss almost feels shocking," Molinsky said in an interview.
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