Looking ahead to the next year, the majority of CFOs have focused their upcoming investment strategies on three key areas: technology, sales and marketing. That’s the gist of Grant Thornton’s new Q3 2024 CFO Survey, which garnered insight from more than 230 senior finance leaders. Survey Reveals Hints of Uncertainty Behind Confidence Despite the current […]
The clock is ticking for union dockworkers and port owners to work out a labor contract and prevent a walkout. The union seems prepared to strike — and the effects will ripple far and wide. The Sourcing Journal reports that just a one-day strike would cause bottlenecks for six days. And a one-week strike would […]
The Federal Reserve lowered interest rates for the first time in four years. Fed members told us back in the summer a rate cut was a near certainty for its September meeting. Most financial experts and many of the betting markets expected a quarter percentage point reduction. Resourceful Finance Pro expected at least a half-point […]
The outcome of the presidential race and which party will control the House and Senate is too close to call. But a handful of economic ideas touted by Donald Trump and Kamala Harris stand a good chance of becoming reality no matter who wins. As we reported a couple of weeks back, Kamala Harris and […]
2024 is a great time to be employed for anyone who can create and read a balance sheet. Or manage an audit. Or close the books. You get the idea! The most successful companies in nearly every industry sector are searching for finance talent. Which shouldn’t be a surprise to CFOs and controllers who read […]
It’s that time of year again: Employer health insurance plans are up for renewal. For finance leaders, this period can feel like a lottery. If your plan only increases by a few percentage points, you’ve won by avoiding catastrophe. But for others, the renewal period can feel like a time bomb just went off. An […]
Who says Democrats and Republicans can’t agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in the hospitality and service sector. Now his opponent Kamala Harris is also pledging to cut taxes on tip income if elected. Trump’s tax proposals go further than giving workers hospitality and service sector […]
So is the long-predicted recession near — or here already? Depends on who you ask. The traditional bellwether of a recession, gross domestic product (GDP), says it’s not. After all, GDP grew by 2.8% in the 2nd quarter of 2024, a marked improvement over Q1. But 60% of Americans emphatically say “yes” — the current […]
Americans use more healthcare services than any other people. So we pay more as a result — and the cost is going up every year. 2025 won’t be an exception. PricewaterhouseCoopers’ Health Research Institute (HRI) warns group health plan costs will rise, on average, 8% from 2024 to 2025. Individual plan costs won’t be a […]
