Breaking (Down) the Debt Ceiling
In the Boardroom With Resnick and Fuller - Episode 4
The Consequences Of Rising Inflation & Crude Oil Prices
Consumer Protection and Safety and Soundness Perspective of Credit Union Regulation - The Consumer Finance Podcast
Businessweek Reporter: BigLaw Is "Crash Landing"
With Radical Changes, Law Firms Can Beat Recession
As companies prepare their Form 10-Q disclosures, it's worth bearing in mind a number of special considerations amid the current economic and political environment....more
The bond yield curve inverted in October 2022. When that occurred, it started a countdown to recession. At least it has every time since 1968. Specifically, for the last eight recessions since 1968, every single recession was...more
Since 1960, Congress has raised, revised or extended the statutory debt ceiling 79 times. The United States reached its debt ceiling in January 2023, prompting a congressional showdown and sparking fears of extreme market...more
In an interactive discussion led by Hank Harris, Director of Consulting for Ward and Smith Business Consulting, three attorneys shared their thoughts on the current state of the economy and how business owners can prepare for...more
As economists debate whether the world economy is headed for a recession with a “small r,” a “slowcession" or a “soft landing,” CFOs are increasingly turning to the most common way to reduce cost - layoffs....more
There’s no mistake, we’re in a recessionary cycle. We can stay out of the politics and debate related to predicting the exact cause, effect, size, and timeline of the recession. Debate or no debate, we’re already seeing...more
How accurate is all the talk about never-ending inflation and an inevitable, brutal recession in 2023? Maybe not that accurate. The data seems to be telling a very different story. Earlier this month, Woodruff Sawyer hosted...more
In 2022, we saw steep drops in the U.S. stock market, comparable to the bursting of the dot-com bubble of 2000-01 and the crash set off by the global financial crisis of 2007-09. Additionally, cryptocurrency markets have lost...more
As it appears we are in a recession and a bear market, don’t be surprised if there is an increase in hardship requests....more
Is the U.S. economy trending toward recession? Rumors of a recession are circulating. Many companies are considering, or have already implemented, plans to reduce overall headcount....more
Last week, the public received its first look at the earnings reports of various cloud providers since the recession bells started ringing. Despite lower than expected revenues, executives remain optimistic about the future...more
With the announcement this morning that the country’s economic numbers have declined for the second straight quarter, many employers are fearful of a possible recession, or at least a sustained economic downturn – and are...more
As inflation hits a 40-year high and stock market valuations decline, many economists agree that a recession is looming in the U.S. While the timing or extent of a recession cannot be predicted, it is important to be prepared...more
Those of us even glancing at the business section each morning shouldn’t be surprised at all, but let’s make it official: the first half of 2022 was the worst for investors in more than 50 years. Crytpo’s fallen off the...more
Economic Downturn? The Federal Reserve’s Open Market Committee announced last week that it would raise the Fed’s baseline interest rate by 0.75 percentage points, the largest such increase since 1994. ...more
COVID-19 brought uncertainty to the construction and surety industries. Surprisingly and fortunately, both industries have proven resilient in the face of unknowns brought about by the pandemic. Now it’s time to plan for...more
Changes in how businesses operate, restrictions on property use and reduced revenues brought on by mandated closures due to COVID-19 have had a major impact on the real estate market and legal proceedings related to it...more
New U.S. unemployment claims rose last week according to data released on Thursday, the latest sign that America’s recovery from the pandemic-induced recession is slowing—a “particularly worrisome” trend as cold-state...more
As expected, the Fed left rates unchanged at near zero as the Open Market Committee broke on Wednesday but managed to buoy stocks by pledging to “keep supporting the United States economy as the pandemic continues to depress...more
Politics and Wealth Inequality- As we approach the presidential convention season, and the election campaign that will follow, the thoughts of many business owners have turned to the federal estate tax, and for good...more
Some rare last-minute SEC intervention forced Hertz to suspend its planned sale of up to $500 million in shares of the bankrupt car-rental company while the agency undertakes a closer review of the offering....more
This week marks a stunning (literally) transition in our three-month COVID-19 State Closure/Reopening Project. Every state in the country is now squarely in the process of going green — reopening all sectors of their...more
In Washington: White House press secretary Kayleigh McEnany on Monday said that President Trump is “open” to another coronavirus stimulus package and that he still wants a payroll tax cut, which many Republicans do not...more
No one—truly, not even the most casual economic observer—should be shocked by yesterday’s official declaration from the National Bureau of Economic Research that the U.S. is in a recession that officially began in February....more
This week’s latest initial unemployment filings numbered 2.4 million, a “slight drop-off in the wave of historically high weekly filings” since the pandemic hit the U.S. economy. Don’t get too excited, though. Continuing...more