As consumer liquidity begins to dwindle, middle market businesses in the consumer products industry need adaptable tools to ensure profitability. … READ MORE >
Blog
Nonprofits may benefit from proposed legislation
The Nonprofit SEAT Act would strengthen the relationship between the nonprofit sector and the federal government, providing nonprofits a seat at the table of federal policymaking. … READ MORE >
Jobless claims drop as fraud claims are resolved
New filings for jobless benefits fell last week to 242,000 from 264,000, a sharp 8.3% drop, in part because of the resolution of fraudulent claims in Massachusetts. … READ MORE >
5 things to know in life sciences: Week of May 15, 2023
This week we look at how changes to accelerated approvals at the Food and Drug Administration are affecting drug approvals. Also, there is news of CVS’s foray into clinical trials, the end of the public health emergency for COVID-19, and the costs of the Supreme Court not hearing a case involving generic drugs. … READ MORE >
This week in energy: FERC cybersecurity investment rule, oil prices, Canada wildfires
In this week’s energy industry roundup, we examine a new federal rule that allows certain electric utilities to recover cybersecurity investment costs, the bearish oil market and the impact of wildfires in Canada. … READ MORE >
About that recession: Resilience now, risks ahead
Despite elevated inflation and interest rates, as well as tightening financial conditions and softening demand for loans, the economy has chugged along, thanks in no small part to strong consumer spending. … READ MORE >
Retail sales rise as American consumers stay resilient
While the top-line number came out lower than expected, spending on retail goods continued to show an underlying strength in April. … READ MORE >
Consumer sentiment drops as inflation expectations rise
The report showed a marked increase in long-term inflation expectations for the next five to 10 years, rising to 3.2% from 3.0% to reach the highest level since 2011. … READ MORE >
5 things to know in life sciences: Week of May 8, 2023
From exploring the use of AI in drug discovery to new guidance on decentralized trials, each week we highlight what’s happening in the life sciences industry. … READ MORE >
Jobless claims and producer inflation show mixed results
Initial jobless claims rose by 9.1% last week to 264,000, the most since 2021 as producer prices rebounded in April, largely because of comparisons to the surging prices a year ago. … READ MORE >