News

Squire provides complete and personalized tax management and planning solutions to meet your needs.

News

Squire provides complete and personalized tax management and planning solutions to meet your needs.

Global imbalances limit world growth, IMF says

Global imbalances limit world growth, IMF says

Limited domestic demand in countries with large current-account surpluses such as Germany and China is an obstacle to global economic growth, according to the International Monetary Fund. The major forces driving global imbalances are China’s current-account surplus and the U.S. […]
Global imbalances limit world growth, IMF says

Global imbalances limit world growth, IMF says

Limited domestic demand in countries with large current-account surpluses such as Germany and China is an obstacle to global economic growth, according to the International Monetary Fund. The major forces driving global imbalances are China’s current-account surplus and the U.S. […]
View News >
Upcoming GDP figure expected to be key for Fed

Upcoming GDP figure expected to be key for Fed

Preliminary figures on second-quarter growth in the U.S. are due Thursday and likely to be the decisive indicator of the economy’s direction and a powerful influence on the Federal Reserve’s rate plans, according to a Bank of America Merrill Lynch […]
View News >
Companies brace for possible overtime expansion

Companies brace for possible overtime expansion

Companies are preparing for a Labor Department proposal that would greatly expand the number of workers who are eligible for overtime pay. Business leaders are considering a range of responses, from installing software that will alert them when an employee […]
View News >
Fed requires major banks to hold more capital

Fed requires major banks to hold more capital

The eight biggest banks in the U.S. have to hold significantly more capital to protect themselves from collapse under rules finalized by the Federal Reserve. “This final rule will confront these firms with a choice: They must either hold substantially […]
View News >
Moving pension obligations to insurers is risky, IMF says

Moving pension obligations to insurers is risky, IMF says

The practice of shifting pension obligations to insurers might increase risk within the U.S. financial system, the International Monetary Fund says in a report. Interconnectedness of the system increases when pension risk is transferred to the insurance industry through products […]
View News >
U.S. jobs, housing data reinforce rate rise scenario

U.S. jobs, housing data reinforce rate rise scenario

Expectations of an interest-rate increase in the U.S. this year rose as jobs and housing data confirmed recent strength in those sectors. Initial claims for jobless benefits last week fell below expectations, and this month’s National Association of Home Builders/Wells […]
View News >