The interest rate at which eligible depository institutions may borrow funds, usually for short periods, directly from a Federal Reserve Bank. The law requires the board of directors of each Reserve Bank to establish the discount rate every 14 days subject to the approval of the Board of Governors.
In extended negotiations over price, be careful that you don't set up a pattern in the way that you make concessions. Let's say that you're selling a used car and you've gone into the negotiation w... [ more... ]
In many companies, the advertising budget was the first to be cut when the economy began to fizzle. Ironically, that means you now face a much more daunting advertising challenge and fewer dollars ... [ more... ]
The number one concern of workers today is keeping their jobs. This article explains how to position yourself higher within your organization so that job security isn't an issue for you.