#TimesUp Is Making Progress, But Women Still Face An Uphill Battle In Business
#TimesUp has officially kicked the year off with a focus on women and gender inequity in Hollywood. Many of the headlines have focused on the entertainment industry, but where do women in business stand?
Milena Berry, Co-Founder of PowerToFly, and Dr. Patti Fletcher, Author of "Disrupters: Success Strategies From Women Who Break The Mold," look at the progress being made on gender inequity and what still needs to be done. While business leaders identify inclusion and diversity as problems, Berry and Fletcher say that they aren't taking enough action.
In some cases, Fletcher says companies are convinced that they've solved the problem already, even when that's not the case. Berry points to issues within the tech industry around company culture and hiring. She says many women aren't hired because they are not so-called "culture fits," and that's because the culture itself is the problem.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.