Money
Financial Services Industry: Trends in Management Representation of Minorities and Women and Diversity Practices
GAO was asked to analyze diversity trends in the financial services industry, particularly in management positions. This report examines (1) trends in management-level diversity in the financial services industry from 2007 through 2015, (2) trends in diversity among potential talent pools, and (3) challenges financial services firms identified in trying to increase workforce diversity and practices firms used to address them. more »
Pew Research Center: On Gender Differences, No Consensus on Nature vs. Nurture; Americans Say Society Places a Higher Premium on Masculinity Than on Femininity
The public sees vastly different pressure points for men and women as they navigate their roles in society. Large majorities say men face a lot of pressure to support their family financially (76%) and to be successful in their job or career (68%); much smaller shares say women face similar pressure in these areas. At the same time, seven-in-ten or more say women face a lot of pressure to be an involved parent (77%) and be physically attractive (71%). About half say more should be done to encourage girls to be leaders (53%) and to stand up for themselves (54%), compared with about four-in-ten who say the same about encouraging boys to do each of these. more »
Women's Issues in Congress: House Small Business Subcommittee Considers Women’s Entrepreneurship
Testimony of Antonella Pianalto before the House Small Business Subcommittee on Health & Technology October 12, 2017: Women receive just 7% of venture capital funds and less than 5% of conventional business loan dollars, despite making up more than a third of all businesses. At the US Small Business Administration (SBA) flagship 7(a) lending program, only 17% of loans go to women-owned firms... if American women business owners were their own country, they would have the 10th largest GDP in the world, outstripping entire nations like Canada, Mexico and even Russia. more »
Janet Yellen: "The Biggest Surprise in the US Economy This Year Has Been Inflation"
"I have spoken about some of the uncertainties associated with the inflation outlook in particular, and we will be paying close attention to the inflation data in the months ahead. But uncertainty about the outlook is by no means limited to inflation. As always, the Committee will adjust the stance of monetary policy in response to incoming economic information and the evolution of the economic outlook to achieve its objectives of maximum employment and stable prices. Moreover, we are mindful of the possibility that shifting expectations concerning the path of US policy can lead to spillovers to other economies via financial markets and the value of the dollar." more »