Strategy

The Economy

U.S. Budget Deficit Increases 23% in Nine Months

The budget gap could top $1 trillion for the full fiscal year.
The Economy

Core Inflation Posts Biggest Jump in 17 Months

The pick-up in underlying inflation in June "argues against aggressive monetary stimulus from the central bank," an economist says.
The Economy

Fed Chair Powell Signals a Rate Cut is Coming

In Powell’s testimony to Congress, he said ‘crosscurrents’ have been weighing on economic activity and the central bank will ‘act as appropriate.’
Risk Management

Calculate the Real Cost of Catastrophe

To protect against threats to corporate value, many companies rely too heavily on insurance coverage.
Compensation

CBO Gives Mixed Verdict on $15 Minimum Wage

A hike in the minimum wage to $15 per hour would boost the income of 17 million workers but could also lead to the loss of 1.3 million jobs, the CBO says.
Credit

Deutsche Bank Slashing 18K Jobs as Part of Massive Restructuring

Deutsche Bank CEO: "Saying goodbye to Wall Street is absolutely the wrong assessment."
The Economy

U.S. Trade Deficit Jumps to Five-Month High

Trade tensions between the United States and China continue to spur volatility.
GAAP and IFRS

Lease Accounting Post-Adoption

Many companies used brute force to meet the initial lease accounting deadlines. To comply long term, they will need processes, policies, and controls.
Global Business

U.S. Proposes $4B More European Tariffs Over Aircraft Subsidies

As part of the long running Airbus-Boeing dispute, the U.S. Trade Representative is considering tariffs on 89 additional items.
Strategy

Coty Outlines Restructuring Plan

After a difficult stretch, the cosmetics maker will overhaul its operations and take a $3 billion write-down.
The Economy

Tee Time: The Quiz

It’s a peak season for the U.S. golf industry. See how much you know about the business side of this popular sport.
Sustainability

Levi Strauss Partners with the IFC to Reduce Emissions

The agreement will help Levi’s meet its greenhouse gas emissions and water use goals.
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