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Facebook, BlackRock, and the Case for Purpose-Driven Companies

Last week, Facebook CEO Mark Zuckerberg announced that his platform needs to change. Community feedback has shown that public content has been “crowding out the personal moments that lead us to connect more with each other,” according to Zuckerberg. As a result, the company says it will be focusing more on promoting posts from friends rather than from […] Read more

Ecommerce Fuels a Warehouse Boom

The FED Said  During six weeks of the holiday season, Geodis Contract Logistics of Brentwood, Tennessee, fulfilled about a million electronic commerce orders a day. From its 130-plus warehouses, the firm aims to ship every ecommerce order as quickly as possible, said Scott McWilliams, Geodis’s executive vice president of strategic development and a former member […] Read more

How Automation Will Change Work, Purpose, and Meaning

Harvard Business Review The vast majority of humans throughout history worked because they had to. Many found comfort, value, and meaning in their efforts, but some defined work as a necessity to be avoided if possible. For centuries, elites in societies from Europe to Asia aspired to absolution from gainful employment. Aristotle defined a “man […] Read more

Economic Prospects, Policy, and Potential

The FED Said Speech by Raphael Bostic President and Chief Executive Officer Federal Reserve Bank of Atlanta To the Rotary Club of Atlanta January 8, 2018 Summary Atlanta Fed president and CEO Raphael Bostic offers his economic outlook in a speech to the Rotary Club of Atlanta on January 8, 2018. He also addresses the […] Read more

Where Is the Housing Sector Headed?

The FED Said One element that has distinguished the expansion following the Great Recession from expansions following prior recessions is the slow recovery of the housing sector. Recent data releases relating to home sales activity and new construction point to a housing market that continues to grow at a slow but steady pace. Single-family starts […] Read more