FEI Weekly

December 14, 2017

Why the Fed raised rates, 50 companies with outstanding team cultures.

Why the Fed Raised Rates

New York Times - Paywall

The Federal Reserve, in a widely expected decision, raised its benchmark rate by a quarter of a percentage point, to a range of 1.25% to 1.5%. The Fed continues to raise interest rates because officials are confident that the economy is in good health.

How Will Blockchain Technology Be Regulated?

Forbes

SEC chairman Jay Clayton's recent statement on cryptocurrencies and initial coin offerings reaffirmed the agency's earlier statements that whether or not a token sale constituted a sale of securities would be based on a facts-and-circumstances-based test. "Blockchain and cryptocurrencies aren’t regulated as a technology generally speaking. It depends on the application. So, whatever they’re used for, it’ll fall under the appropriate regulator — and sometimes the inappropriate regulator," says Marco Santori, who leads the blockchain technology team at law firm Cooley.

50 Companies With Outstanding Team Cultures

Comparably

The list recognizes companies that foster the best team experiences (how well coworkers interact, the effectiveness of meetings, etc.), according to employee reviews on Comparably.com, a platform to provide anonymous and comprehensive data on compensation, and insights into work culture.

GOP Reaches Tax Deal

Reuters

Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week. Under an agreement between the House of Representatives and the Senate, the corporate tax would be one percentage point higher than the 20-percent rate earlier proposed, but still far below the present headline rate of 35 percent, a deep tax reduction that corporations have sought for years.

The Better Question for Future Leaders

Financial Times

In a time where toxic leadership and power abuse are increasingly common, it is time to shift the narrative. The implicit question should not be “are you a leader?” It should be “what do you care about enough that you are willing to do the hard work of distributed leadership?”