Fed holds rates steady but notes brighter outlook

July 28th, 2016  // News

The Federal Reserve held interest rates steady Wednesday, as expected, but it offered an optimistic outlook on the economy and a diminished risk profile. Improvements in the labor market and the economy likely merit "gradual increases in the federal funds rate," the Fed said. Read more


July 27th, 2016  // News

More seniors are working past the traditional retirement age as employee benefits change, jobs require less physical exertion and overall health improves. The percentage of people older than 65 in the workforce was 19.4% last month, compared with 15% in June 2006, Bureau of Labor Statistics data show. Read more

US public pensions under stress from record-low returns

July 26th, 2016  // News

Pension funds run by states and cities face record-low long-term return on investment. The Wilshire Trust Universe Comparison Service estimates that data due to be published within weeks will show that the 20-year annualized return of public pension funds has fallen to 7.47%, the lowest annual figure the company has recorded. Read more

Businesses are coaching new parents on parental leave

July 25th, 2016  // News

Some large accounting firms and other companies are providing coaching services to new parents to help them use parental leave. Companies are hoping these services will help them recruit and retain top talent and boost diversity. Read more

US consumers show their strength

July 22nd, 2016  // News

US consumers remain a potent force in the global economy, backed by income growth and relatively low interest rates and gas prices, according to a Macquarie Capital Markets client note. The Atlanta Fed's GDPNow model points to a second-quarter annualized growth rate of 4.5% quarter-over-quarter in personal consumption expenditures, according to the note. Read more

Rising corporate debt could cause economic challenges

July 21st, 2016  // News

Corporate debt is forecast to reach $75 trillion by 2020, up from $51 trillion today, S&P Global Ratings reports. Companies could have trouble dealing with this debt if economic conditions deteriorate and interest rates increase. Read more

Global index ranks US 14th in retirement security

July 20th, 2016  // News

The US came in 14th out of 43 countries in the latest Natixis Global Asset Management retirement-security index. The top three countries: Norway, Switzerland and Iceland. Read more

Use Excel to make a bull’s-eye chart

July 19th, 2016  // News

Although Excel does not offer a bull's-eye chart, this trick can be used to generate a reasonable facsimile. Read more

How to come out ahead in office politics

July 18th, 2016  // News

Organizational politics can cause discomfort among employees, peers and managers in almost any setting. Here are ways to make sure you avoid political blunders that can make work more difficult. Read more

6 tips to ease the heavy burden of standards implementation

July 15th, 2016  // News

New high-profile accounting standards for revenue recognition, leases and expected credit losses have companies facing a heavy implementation burden. Here are tips that could ease the stress and make implementation smoother. Read more

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