Janet Yellen Toasts NYU's Graduating Class, a Quality of 'Grit' and a Lowly Sea Slug Who Helped Decipher the Chemistry of Memory
Janet Yellin on performance and grit: One aspect of grit that I think is particularly important is the willingness to take a stand when circumstances demand it. Such circumstances may not be all that frequent, but in every life, there will be crucial moments when having the courage to stand up for what you believe will be immensely important. What's New · What's Next · Site Map · A-Z Index · Careers · RSS · All Videos · Current FAQs · Contact Us Search Advanced Search About the Fed… more »
Thousands of people joined the farmers, ranchers, and tribal leaders of the Cowboy and Indian Alliance for a ceremonial procession along the National Mall to protest the Keystone XL pipeline. The procession was the largest event yet of the five-day Reject and Protect encampment. "Today, boots and moccasins showed President Obama an unlikely alliance has his back to reject Keystone XL to protect our land and water," said Jane Kleeb, Executive Director of Bold Nebraska. more »
Products that would be 'deemed' to be subject to FDA regulation are those that meet the statutory definition of a tobacco product, including currently unregulated marketed products, such as electronic cigarettes (e-cigarettes), cigars, pipe tobacco, nicotine gels, waterpipe (or hookah) tobacco, and dissolvables not already under the FDA's authority. more »
Longer-Term Challenges for the American Economy: "The overall economic pie is expanding more slowly than before"
There is no single explanation for the rise in inequality and the decline in the share of jobs that provide a middle-class standard of living. Economists generally agree that technological change and globalization have played a role. Both of these forces have reduced the demand for workers whose jobs had involved routine work that can easily be mechanized or offshored while, at the same time, increasing the productivity of higher-skilled workers. However, it is less clear whether technology and globalization are sufficient explanations for the increased share of income going to those at the very top of the income distribution. more »