Many of us are middle managers — with a team to run, but also working below our own boss higher up the corporate ladder. Additionally, we may need to manage “across” the organisation with peers on different teams. The middle is frequently an uncomfortable place to be, through the demands made on us from above
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Municipal yields fell for the third session in a row following the flight-to-safety bid in U.S. Treasuries as recession concerns continue to grow. Equities were mixed. Triple-A benchmark yields were bumped three to six basis points Tuesday with the strongest moves out long. Falling yields over the past two weeks have been “a welcome sigh
Joe Biden is facing a dilemma: on the one hand, he is under pressure to help Americans struggling with rising prices and a slowing economy, but on the other, any unilateral measures he might take risk making the inflation problem even worse. On Wednesday, the US president is travelling to Cleveland, Ohio, as he refocuses
Signs of a rapidly deteriorating U.S. economic outlook have spurred bond traders to pencil in a complete policy turnaround by the Federal Reserve in the coming year, with interest-rate cuts in the middle of 2023. Fed Chair Jerome Powell — who is widely expected to keep lifting the central bank’s benchmark rate for some time
Norway’s Equinor is temporarily shutting down three oil and gasfields after workers went on strike, intensifying regional supply troubles and pushing European gas prices to a four-month high. The strikes that began on Monday evening will affect 89,000 barrels of oil equivalent a day of production at fields on Norway’s continental shelf. The trade union
In this article HL STLA-IT CROX OXY XOM TSLA Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla delivered 254,695 vehicles during the second quarter, down 17.9% from the first quarter and below what analysts had predicted. China’s Covid-19 shutdowns were a key factor in holding back production. Tesla fell 1%
For the New York real estate market, the first quarter of 2022 delivered the same high volume of sales and competitive bidding situations as the latter months of 2021. However, towards the end of March a breath of slowdown crept in. Throughout the second quarter that slowdown has accelerated: fewer signed contracts, fewer bidding wars,
Historic row houses in Columbia Heights neighborhood of Washington. amedved | iStock | Getty Images Million-dollar homes aren’t common in the U.S., but you’re more likely to find these properties along the coasts. That’s according to a LendingTree study that ranked the country’s 50 biggest metropolitan areas by the share of owner-occupied properties worth $1
sponsored ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation, the team has formulated proprietary formulas that algorithmically balance a sustainable gaming economy inside Legends of Bezogia. Featuring next generation graphics, a rich and deep storyline along with playable NFTs,
The writer is the author of ‘The Secret Barrister’ A criminal barrister refusing to attend court is akin to a doctor refusing to treat a patient. It strikes at the heart of everything that we stand for. Yet as the Criminal Bar moves into a second week of unprecedented industrial action, courts across the UK
From their top-floor flat Lithuanian couple Vidas and Andželika Micuta can watch the soldiers patrol on the other side of the fenced-off stream that separates their country from the Russian exclave of Kaliningrad. “It used to feel nice here, because you don’t have cars driving past and no other noise when you live so close
The European Central Bank will shift the corporate bonds it owns and accepts as collateral away from the most carbon-intensive companies, going further than most big rate-setting authorities but disappointing activists eager to see stronger measures. Announcing plans to “tilt” its €386bn portfolio of corporate bonds away from companies with “a poorer climate performance”, the
The European energy crisis can help boost a much-needed EU integration. Winston Churchill said, “Never let a good crisis go to waste.” The EU is facing one of the most serious crises in its history because of Russia’s war on Ukraine and the worst energy crisis since 1973. However, the invasion has prompted an unprecedented
The European Central Bank is looking at ways to stop banks earning billions of euros of extra profit from the ultra-cheap lending scheme it launched during the pandemic once it starts to raise interest rates later this month. The €2.2tn of subsidised loans provided by the ECB to banks helped to avert a credit crunch
A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Investors just can’t seem to find a trough in this bear market, and are struggling to hold on to any optimism amid growing concerns of a possible recession. However, the key to surviving a bear market successfully
In June, San Francisco held the biggest web3 event that the city had ever seen. “Join the world’s brightest dreamers & doers for a full day focused on web3, dapps, protocols, and the future of the internet,” said the website. “Change is in the air.” For over six months, the idea of a third iteration
Your own private Great Barrier Reef Dyiigurra, better known as Lizard Island, has long been home to Australia’s best luxury lodges – as well as a national park since 1937, and its waters have been federally protected since the mid-’70s, a few years before the resort first began operating. The new game here is The
Payments fintech company Klarna is set to raise fresh capital at a valuation of about $6.5bn, a fraction of the $46bn it was valued at just a year ago, three people with direct knowledge of the matter said. The $600mn deal, which is being finalised, will involve investors including Sequoia Capital and Abu Dhabi’s Mubadala
Oxford BioMedica has extended its partnership with AstraZeneca, agreeing a new three-year contract to manufacture Covid-19 vaccines if the UK drugmaker presses on with mass production of the jab. The specialist pharmaceutical manufacturer, which also makes cell and gene therapies, will make its Oxbox facility available on an “as needed” basis to AstraZeneca after 2022.
As Nato member states head into their annual summit this week in Madrid, the Financial Times’ editorial board has carefully examined the alliance’s security posture (“Nato must show it is serious about defending its eastern flank”, FT View, June 28). In so doing, the writers observe a sober understanding of “the magnitude of the threat