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By Staff Reporters
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Staff-level discussions over the debt ceiling and budget between the White House and congressional Republicans will resume later today evening after President Joe Biden and House Speaker Kevin McCarthy spoke by phone Sunday afternoon, according to a White House official.
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Traders who WFH do less crime. Employees of financial institutions who work the trading desk from home are less likely to commit securities fraud than in-person colleagues, according to a forthcoming article in European Financial Management.
One theory is that being out of the office shields do-gooders from their crime-inclined colleagues’ peer pressure, which is likely more potent face-to-face than over Slack. Remote work reduced the likelihood of misconduct reports among traders by nearly 15%, but it’s worth noting that the workers allowed to WFH are the ones who already showed a lower risk of committing securities violations.
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Filed under: "Ask-an-Advisor", Alerts Sign-Up, Breaking News, Funding Basics, Investing, Taxation | Tagged: debt, debt ceiling, EFM, European Financial Management, Joe Biden, Kevin McCarthy, WFH, work from home |
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