Money and Computing
Janet Yellen: Adjustment of the Federal Funds Rate May Be Appropriate Later This Month?
Chairman Yellen: The economy has essentially met the employment portion of our mandate and inflation is moving closer to our 2 percent objective. This outcome suggests that our goal-focused, outlook-dependent approach to scaling back accommodation over the past couple of years has served the US economy well... Indeed, at our meeting later this month, the Committee will evaluate whether employment and inflation are continuing to evolve in line with our expectations, in which case a further adjustment of the federal funds rate would likely be appropriate. more »
Women’s #1 Retirement Priority: Fully Funding Social Security by Implementing Reforms So It Can Continue to Pay Future Generations of Retirees
Findings from the TCRS national survey of working women highlight that few have a high level of confidence about their future retirement. Only one in ten are “very confident” that they will be able to retire comfortably. At the same time, more than half are “guessing” at the amount they will need to save in order to feel secure in retirement. Household retirement savings is $34,000 (estimated median) and more than two-thirds indicate that they have no plan if forced into retirement sooner than expected. more »
Professor Emerita Mildred Dresselhaus, a Pioneer in the Electronic Properties of Materials
A winner of both the Presidential Medal of Freedom (from President Barack Obama, in 2014) and the National Medal of Science (from President George H.W. Bush, in 1990), Dresselhaus was a member of the MIT faculty for 50 years. "Among her many 'firsts,' in 1968, Millie became the first woman at MIT to attain the rank of full, tenured professor. She was the first solo recipient of a Kavli Prize and the first woman to win the National Medal of Science in Engineering." more »
Congressional Bills Introduced: Parental Leave, Abortion, Child Soldier Prevention,National Day of Awareness for Missing and Murdered Native Women and Girls
A bill to provide that six of the 12 weeks of parental leave made available to a federal employee shall be paid leave; A bill to provide for the eligibility for beneficiary travel for veterans seeking treatment or care for military sexual trauma in specialized outpatient or residential programs at facilities of the Department of Veterans Affairs; A bill to extend the civil statute of limitations for victims of federal sex offenses; A bill to clarify report dates, modify the criteria for determinations of whether countries are meeting the minimum standards for elimination of trafficking, and highlight the importance of concrete actions by countries to eliminate trafficking. more »
