Tarullo urges Fed not to hike rates this year
Federal Reserve Governor Daniel Tarullo urged against a 2015 rate increase, citing weak inflation and global risks. He argued for waiting for tangible evidence such as wage growth before raising rates, highlighting divisions with Yellen and Fischer who favor tightening.
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Handling bear markets with personal finance strategies
The article advises that market declines are inevitable and responses depend on how money is invested and income is sourced. It suggests two stabilization methods: add fixed income and cash to reduce stock withdrawals during downturns, or buy a single premium life annuity to guarantee income. Either approach lowers fear and preserves savings.
Twitter to lay off up to 336 employees companywide
Twitter announces plan to reduce its workforce by about 8 percent, with 336 jobs cut. CEO Jack Dorsey says product and engineering will bear the largest changes as the company restructures to accelerate growth and speed. The move follows its public debut in 2013 and affects about 4,100 staff globally.
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