Rough recent times for stock markets and the US dollar have provided a stark contrast to the rest of the economy, which has performed well, writes Boris Schlossberg. However, the departure of White House chief strategist Steve Bannon could mean that President Donald Trump will shift his attention to tax reform, helping stocks and the dollar in the process.
President Donald Trump announced the new strategy for the ongoing war in Afghanistan on Monday, focusing on "killing terrorists" rather than nation-building. Trump will keep troops in Afghanistan without relying on "arbitrary timetables" and has approved the addition of 4,000 troops to the country.
Senate Majority Leader Mitch McConnell, R-Ky., said that "the way forward now [to health care reform] is somewhat murky" after legislation to alter or repeal the Affordable Care Act failed to pass before the August recess. Also, McConnell said lawmakers are waiting to see an insurance stabilization bill being crafted by Sens. Lamar Alexander, R-Tenn., and Patty Murray, D-Wash., which could finish by mid-September and include funding for cost-sharing reduction payments.
Professionals can make better use of their available time simply by planning schedules in complete weeks instead of individual days, says author Laura Vanderkam. Planning ahead allows you to front-load important tasks to ensure they get done and budget time for things that come up unexpectedly.
Professionals with the option to break up parental leave into installments can schedule leave to spend time with their babies at different stages or help cover gaps in child care when both partners work, writes Michelle Woo. Breaking leave time into smaller chunks can also making returning to work easier, she writes.
Anthony Cordesman of the Center for Strategic and International Studies estimates the war in Afghanistan has cost the US $841 billion over 16 years, including President Donald Trump's 2018 budget request. Neta Crawford of the Cost of Wars Project at Brown University places the total around $2 trillion, including some future obligations and considering a wider range of factors.
If you don't get the salary you want after negotiating with your boss, be professional about it but start working on how you can do better in the next negotiation, writes Joel Garfinkle. Find out where you need to improve yourself, and make sure you're aware of the market rate for your position, Garfinkle writes.
Those who are considering taking an activity they're passionate about and turning it into a career should think carefully before doing so, writes Carol Roth. When you turn an activity into a business, you end up spending less time doing what you love in favor of administrative tasks and you may end up enjoying the pursuit less after a while.
Corporate leaders have traditionally stayed out of political and social strife unless absolutely necessary, but recent years have seen an increase in corporate activism, including among CEOs. These corporations are generally taking stands that favor diversity, but there's also risk in angering a part of the customer base, writes David Gelles.
Failure and negative feedback can help you find out whether your communication is ineffective and how to improve, writes John Brandon. Try overcommunicating to ensure that employees understand you and don't wait too long to ask for clarification.
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