Strategy

The Economy

U.S. Budget Gap Jumps to $660B in March

Spending on coronavirus relief has "sent the federal debt soaring to levels not seen since the end of World War II as a proportion of the economy."
Global Business

U.S. Adds Chinese Tech Firms to Export Blacklist

The Commerce Department says the companies were building supercomputers used by China for "destabilizing military modernization efforts."
The Economy

Pickup in CFO Optimism Continues in Q1

The growing optimism "is evident in the robust expectations firms have for revenue and employment growth in 2021," according to The CFO Survey.
The Economy

Jobs Market Continues Surge With 916,000 Gain

With government relief checks and the accelerating vaccine rollout, "there is finally real light at the end of the tunnel."
Strategy

CFOs See Silver Linings to Coronavirus Crisis

Grant Thornton reports that more than 60% of CFOs cited improved flexible and remote work environments as an upside of the pandemic.
The Economy

Biden Infrastructure Plan Includes Tax Increases

One of the main priorities of the tax part of the plan is raising the corporate rate to 28% from 21%, a partial reversal of Donald Trump’s 2017 tax cut.
Strategy

HARIBO of America CFO Plans for Gummies Growth

A Wisconsin manufacturing facility and an SAP implementation will give the gummy bear giant a launchpad for more U.S. growth.
Strategy

USPS Chief DeJoy Delivers 10-Year Austerity Plan

The plan would reduce mail services, focusing on the Postal Service's package business, which is expected to grow by 6% to 11% through 2025.
The Economy

Pre-Pandemic Job Levels Not Happening Until 2023: Economists

Still, 82% of NABE panelists forecast real U.S. GDP would return to pre-pandemic recession levels sometime this year.
Strategy

The Balanced Scorecard Approach to Capital Investment

The key to effective capital allocation is using an objective framework to drive the analysis, prioritization, and execution.
Strategy

GE Commits to Cutting Debt By 35% Within 3 Years

The U.S. industrial conglomerate provided more clarity on its debt plans to soothe investor nerves, sending shares up.
The Economy

Fed Holds Line on Rates Despite Rising Prices

The central bank expects to maintain ultralow rates until “inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”
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