Retail demand shows weakness, leading to first inflation dip in 6 months
In a noteworthy turn, core goods prices have experienced a continued decline, contributing to the first dip in inflation in six months.
Resources
Search Results
CPI resumes disinflationary trend in April amid weakened retail sales
Overall CPI inflation rose by 0.3% in April, while core inflation—which excludes food and energy—also rose by 0.3%. This helped bring the year-over-year headline inflation down to 3.4% and core inflation to 3.6%.
U.S. consumer sentiment plunges on rising inflation
Inflation expectations rose sharply to 3.5% from 3.2% for the next 12 months while longer-term expectations inched up to 3.1% from 3.0%.
The crucial role of data in financial institutions
Data collection is easy, using it well is hard. For finance, data fuels innovation, guiding decisions, growth, and risk mitigation.
Initial jobless claims rise to the highest level since August
Our preferred metric of new claims—the 13-week moving average—rose slightly to 211,000, still below the pre-pandemic level.
Robust jobs growth continues in health care
Health care job gains remain strong, according to the U.S. monthly report on April numbers.
U.S. monthly employment report: Hiring cools in April
Hiring cooled in April from the torrid pace of 269,000 jobs on average during the first three months of 2024 as the economy generated an average increase of 175,000 in total employment.
IRS releases plan to triple its audit rates on large corporations
Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds.
Global regulatory pressures are closing the cybersecurity governance gap
Pressure on cybersecurity governance is increasing, with new objective measures for management, but also subjective standards for the board.
Job openings fall to a three-year low as manufacturing softens
Job openings in March plunged to 8.49 million, the lowest level in three years, according to the Bureau of Labor Statistics on Wednesday.
Fed holds rates steady as rebound in inflation hampers progress
Citing a lack of progress in reducing inflation, the Federal Reserve kept its policy rate unchanged at 5.5% at its meeting on Wednesday, the same rate it has had since July.
Protecting Your Business From Internal Fraud
Did you know that over half of all business fraud stems from inadequate internal controls? In this video, we'll provide you with four specific controls you can implement to help protect your business.
2024 Update: waiver of RMDs for inherited IRA beneficiaries
The IRS's latest notice suspends RMDs for some inherited IRAs in 2024, offering beneficiaries a financial breather. Find out if you qualify for this waiver and how it affects your tax obligations.
Strategic depreciation practices for tax savings
Understanding the best approach to depreciation can be game-changing for your business. Don’t miss out on essential tax savings that could optimize your cash flow. Click to explore effective strategies that buisness owners are using to enhance their financial outlook.
Should you set up voluntary withholding for your social security payments?
Unsure whether to set up voluntary withholding for your social security payments? This guide breaks down the concept of voluntary withholding, showing how it can help spread your tax liability over the year and make budgeting simpler.
FTC finalizes broad ban on noncompete agreements
A new FTC ruling has made noncompete agreements unenforceable for most employees, with the aim of fostering competition and job mobility. The implications of this rule for businesses and employees are far-reaching, drawing both support and criticism. Learn about the ruling and its potential impact on your business in this article.
No results found.