The Week: Most Recent Business Posts recent posts.en-usMon, 01 Sep 2014 14:00:00 -0400http://theweek.com Recent Business Posts from THE WEEKMon, 01 Sep 2014 14:00:00 -0400The keys to succeeding with a job recruiter<img src="" /></P><p><br /></p><p>After a successful annual review, Amethyst Polk, 30, was feeling confident about her job as a NASA project analyst. Her boss praised her performance, assuring her that, despite the organization's recent budget cuts, her position was secure.</p><p>So Polk was floored when &mdash; just a few months after her review &mdash; she was suddenly laid off in another round of furloughs.</p><p>Since she knew that her chances of finding another job were best if she acted quickly, Polk hit the pavement.</p><p>"I tried all of the usual tactics to find a job &mdash;,, job fairs &mdash; but none of...</p> <a href="">More</a>By Molly TriffinMon, 01 Sep 2014 14:00:00 -0400How one toxic boss can poison your entire office<img src="" /></P><p><br /></p><p>Imagine this email from your boss: "From what I've observed, your ideas have been pretty lousy and have little potential to be successful. I question the value you add to this team and your ability to deliver high quality work &mdash; don't bring the team down, okay?"</p><p>If you actually receive notes this mean at work, your commitment to your employer is probably as low as the effort you're willing to put into your job. You might feel distressed and depressed, or go out of your way to be counter-productive. You're certainly likely to leave.</p><p>Researchers have spent years tallying the personal and...</p> <a href="">More</a>By Paul BisceglioMon, 01 Sep 2014 12:00:00 -0400The impossibility of the night shift<img src="" /></P><p><br /></p><p>Maintaining a regular circadian rhythm is crucial for human health. But almost 15 percent of full-time salaried workers in the United States work the graveyard shift, making them susceptible to sleep-cycle issues that, according to a new study, "can jeopardize occupational health and safety by causing human errors and changes in basic biological and physiological functions."</p><p>Whether it's an emergency room doctor, a security guard, or a night editor, a person working odd hours is 30 percent more likely to fall asleep on the job or have insomnia than a day-working counterpart. That problem, called...</p> <a href="">More</a>By Avital AndrewsSun, 31 Aug 2014 16:00:00 -0400Rejoice! Businesses are investing!<img src="" /></P><p>There has been a slew of positive economic signs in 2014. Stocks continue to soar to record highs. Jobs are being created at the best pace since the 1990s. GDP grew last quarter at a blazing 4.2 percent pace. Even food stamp usage has begun falling after years and years of going in the other direction. Corporate profits are at all-time highs.</p><p>But the one big piece missing from the puzzle (alongside wage growth, which is still relatively lackluster) was capital expenditure. U.S. firms were sitting on huge piles of cash, and after 2011 they stopped investing it in the way you would expect to see...</p> <a href="">More</a>By <a href="/author/john-aziz" ><span class="byline">John Aziz</span></a>Fri, 29 Aug 2014 10:13:00 -0400Even critics of the euro didn't see this coming<img src="" /></P><p>Even long-term critics of the euro &mdash; the European Union's single currency shared by 18 European countries &mdash; expected that a single currency would boost trade among participants by reducing conversion costs and exchange rate fluctuations. This was one of the chief justifications of the project.</p><p>As Allister Heath of <em>The Telegraph</em> points out, critics of the project (such as myself) have focused on other problems, e.g., the dangers of a one-size-fits-all approach to interest rates and monetary policy, as well as the loss of countries' ability to devalue their currencies to stimulate their...</p> <a href="">More</a>By <a href="/author/john-aziz" ><span class="byline">John Aziz</span></a>Thu, 28 Aug 2014 12:48:00 -0400How to budget in New York City<img src="" /></P><p><br /></p><p>There's no doubt that living in a metropolis like New York City can be exciting. There's never a shortage of entertainment options &mdash; Broadway shows! Concerts! Museums! &mdash; or shiny career opportunities for the ambitious.</p><p>But as any current (or former) New Yorker will tell you, it can also be expensive. Make that <em>really expensive</em>.<span ><br /></span></p><div class="want-more-block"><p>The rents in this town are some of the highest in the country &mdash; three times the national average, according to a recent study. And while you may be able to save money on certain expenses &mdash; like transportation by taking the subway instead of...</p></div> <a href="">More</a>By Marisa TorrieriTue, 26 Aug 2014 16:37:00 -0400France's economic woes won't end anytime soon<img src="" /></P><p>The French government collapsed yesterday when all of President Francois Hollande's ministers resigned over what <em>The Economist</em> called "bitter internal disagreements over economic policy." Precipitated by public comments economic minister Arnaud Montebourg made about the failure of Hollande's fiscal austerity policies, the resignations were a stunning setback for the government.</p><p>Sadly, they will ultimately be futile.</p><p>Like his predecessor Nicolas Sarkozy, Hollande has spent much of his presidency dealing with the aftershocks of the 2008 financial crisis. After initially bouncing back in 2009 and...</p> <a href="">More</a>By <a href="/author/john-aziz" ><span class="byline">John Aziz</span></a>Tue, 26 Aug 2014 12:31:00 -0400The big flaws in the federal job training program<img src="" /></P><p><br /></p><p>Many desperate out-of-work Americans assumed they could put their confidence &mdash; and their meager financial resources &mdash; into a jointly run federal-state operation designed to steer them toward new job opportunities and the training they would need to qualify.</p><p>Now we learn that the $3.1 billion federal program recently reauthorized by Congress on a bipartisan basis lured millions of unsuspecting jobless Americans into costly job-training courses that left many without new employment &mdash; but with huge college debt to pay.</p><p>An extensive analysis of the Workforce Investment and Opportunity...</p> <a href="">More</a>By Eric PianinMon, 25 Aug 2014 07:52:00 -0400Personal finance tips: How to score scholarships, and more<img src="" /></P><p class="p1"><strong><span class="s1"> Get bank fees reversed<br /></span></strong>Stop putting up with those bank fees, said Allison Martin at <em></em>. Though it's tempting to just "bite the bullet and pay," it's possible to reverse those annoying fees with a little legwork. First, make sure to "address the issue promptly." That means calling your financial institution as soon as you spot the charge. Time your call right &mdash; "don't wait until the late afternoon when the representatives are exhausted and their patience is thin." When you have someone on the line, explain your case "and request a pass because of your usual stellar history." Good and...</p> <a href="">More</a>By <a href="/author/sergio-hernandez" ><span class="byline">Sergio Hernandez</span></a>Mon, 25 Aug 2014 06:13:00 -0400Why 100 million people bank at credit unions<img src="" /></P><p><br /></p><p>Because a growing number of Americans are disillusioned with their banks, which have been regularly increasing their consumer fees, credit unions are reaping the benefits.</p><p>In June, credit unions surpassed 100 million members nationwide, an increase of more than 16 percent from 10 years ago, according to the Credit Union National Association. In the past year alone, they've added 2.85 million members.</p><p>Many of these new members have left their banks in the years since the financial crisis.</p><p>"People are still feeling bruised from the downturn," Mike Schenk, chief economist at CUNA, told <em>The Fiscal...</em></p> <a href="">More</a>By Marine ColeFri, 22 Aug 2014 09:33:00 -0400