IBM, Delta and others have dropped college degree requirements but old hiring habits are hard to break.

Organizations have long seen middle management as ripe for cutting whenever times get tight, and the current moment is no exception. The authors believe that this is a costly mistake. Human capital, they say, is at least as important as financial capital, and middle managers, who recruit and develop an organization’s employees, are the most important asset of all—essential to navigating rapid, complex change. They can make work more meaningful, interesting, and productive, and they’re crucial for true organizational transformation. But if managers are to fulfill this promise, leaders must reimagine their roles, push to more fully understand their value, and train, coach, and inspire them to realize their potential as organizational linchpins.

Price pressures cooled, but inflation remains strong enough to keep the Fed on course to continue raising interest rates.

Hiring for the office set is slowing down and employers are getting picky again

Employees expect bigger increases than last year while employers pull back from earlier projections.

On the business, strategy, and impact of technology.

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Nearly four million Americans have stopped working or looking for jobs, a 2.2% contraction of the U.S. work force. A smaller labor market leaves fewer workers to build machines and clean tables, restraining the economy’s long-term prospects.

People who do their jobs from home, freelance or frequently travel for work are fueling a renaissance in American cities that lie outside the major job hubs.

Tariff and dollar

Berkshire has grown so large and become so integral to the U.S. economy that the only conceivable threat to the company is an existential threat to the entire nation-state. My original fascination with Buffett Munger is no doubt due to the Gringot’s-esque amount of money they’ve made, but their business has endured because, unlike the majority of the super wealthy, they appear to have used a considerable amount of skill

Violence dominated the headlines this year. But by many measures, humanity is in better shape than it’s ever been.

The economic recovery is clearly here: spending on corporate training is soaring. We just completed our 2014 Corporate Learning Factbook and the research is striking: US spending on corporate training grew by 15% last year (the highest growth rate in seven years) to over $70 Billion in the US and over [...]