Bernanke warns of recession if Congress stalls budget talks
Federal Reserve Chair Ben Bernanke warned Congress that without a budget agreement the economy would weaken further. He cited tax increases and spending cuts, 1.25 million fewer jobs in 2013, and a delayed recovery as essential risks if the impasse continues. The testimony noted modest growth, slower manufacturing, weaker consumer spending, and an 8.2 percent unemployment rate.
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Yahoo CEO reignites career amid pregnancy debate
Marissa Mayer, 37, named Yahoo chief executive while pregnant, becoming a rare current female CEO of a Fortune 500 firm. She plans brief maternity leave and says board showed evolved thinking, sparking discussion on whether women can “have it all.”
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BPA ban for baby bottles ends nationwide
Washington officials announced that baby bottles and sippy cups can no longer contain bisphenol A. The move follows industry requests to phase out BPA rules, after manufacturers reportedly abandoned the chemical due to safety concerns. The FDA rules now prohibit BPA in these products.
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