Federal Reserve Alert! Federal Reserve Board announces the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2023

Source: https://www.federalreserve.gov/newsevents/pressreleases/other20230110a.htm The Federal Reserve Board on Tuesday announced the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2023. Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints …

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Federal Reserve Alert! Federal Reserve Board announces annual indexing of reserve requirement exemption amount and low reserve tranche for 2023. To be set at $36.1 million, up from $32.4 million in 2022, and the low reserve tranche will be set at $691.7 million, up from $640.6 million in 2022.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20221129a1.pdf The Federal Reserve announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche for 2023. The annual indexation and publication of these amounts are required by law and does not indicate a change …

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Dollar Tree announces massive shake-up

DOLLAR Tree has announced a massive shake-up and Family Dollar prices could drop across 16,000 stores as a result. The retailer has hired four new executives, with the goal of making Family Dollar pricing more “competitive.” Executives told Supermarket News …

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Twilio CEO announces 11% of employees will lose jobs in ‘Anti-Racist’ focused layoffs

https://www.foxbusiness.com/economy/twilio-ceo-announces-11-of-employees-lose-jobs-anti-racist-focused-layoffs Twilio CEO Jeff Lawson announced in a message to all employees that 11% of its workforce would be laid off, stating that they made the layoffs through an “Anti-Racist” and “Anti-Oppression” lens. The San Francisco-based corporate communications company CEO …

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