The combination of in-person and remote work "will give people the freedom to do their best work while staying connected to their colleagues."
The growing optimism "is evident in the robust expectations firms have for revenue and employment growth in 2021," according to The CFO Survey.
With government relief checks and the accelerating vaccine rollout, "there is finally real light at the end of the tunnel."
Grant Thornton reports that more than 60% of CFOs cited improved flexible and remote work environments as an upside of the pandemic.
The Fed's decision means banks can no longer exclude Treasury bonds and deposits held at the central bank from their supplementary leverage ratio.
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.”
Debroux is stepping down as the world’s second-largest beer maker focuses on restoring operating profit margins to pre-pandemic levels by 2023.
Americans beefed up their mortgage balances to a new high, taking advantage of near-zero interest rates.
Panos Kakoullis will join Rolls as it tries to weather the historic aerospace downturn resulting from the coronavirus pandemic.
Manufacturing has been driven by strong demand for factory goods "as 23.7% of the labor force works from home because of the COVID-19 pandemic."
"Upbeat fourth-quarter results would bolster expectations for a strong rebound in earnings in 2021."
“Overall, compensation costs are likely to remain subdued going forward, reflective of a high level of unemployment that will restrain wages."
