Consumer expectations are changing across nearly every aspect of mobility. Economic pressures are influencing purchase decisions, new technologies are changing vehicle preferences, digital channels are altering how people buy vehicles, and disruptive transportation options, some of which are on the brink of scaling, are giving people more choice. These shifts vary across markets and customer…
It’s not just the Murdochs or the Arnaults. As family-owned companies change hands, new data shows more American businesses are now being inherited than purchased—part of the broader Great Wealth Transfer marking a shift in how the next generation could shape the economy. Bank of America‘s recent Private Bank Study of Wealthy Americans found that…
In brief Business leaders are used to scanning the horizon for new competitors, taking a microscope to their operations to uncover inefficiencies, and seeking ways to get the most from their people. But making business model change real requires a whole new level of acuity. CEOs need to be constantly awake to impending disruptions—including novel…
Missouri Gov. Mike Kehoe, a Repulican, signed legislation (Senate Bill 1233) into law on Monday establishing an alternative licensing path for certified public accountant candidates, according to a release from the governor’s office and a social media post from the Missouri Society of CPAs. The new rules, effective Aug. 28, ease educational requirements for prospective CPAs…
Headquartered in New York City, MPT is an advertising holding company for big and mid-sized clients Mike Sullivan serves as CEO of The Loomis Agency The Loomis Agency was founded in 1984 Meet The People, which is backed by Innovatus Capital Partners, has acquired The Loomis Agency, a Dallas-based advertising agency.
Space Exploration Technologies (SPCX 2.20%) has had a volatile first month as a publicly traded company. Its share price rose to as much as $225, but as of writing, it has sunk back near its $135 IPO price, currently trading just $1 above it. Opinions on SpaceX’s prospects are divided. The bulls will argue that,…
YANTAI, CHINA – JULY 14, 2026 – Containers parked at Yantai Port International Container Terminal in Yantai City, Shandong Province, China on July 14, 2026. Cfoto | Future Publishing | Getty Images China’s economy in the second quarter expanded at its weakest pace since the fourth quarter of 2022, reinforcing calls for policy stimulus as…
Private equity players are paring back data center holdings, reports Morningstar. ETF.com looks at why small-cap stocks are outperforming. These are among the investment must reads for financial advisors this week.
Central organizations at nonprofits with local affiliates are now required to file a new form with the Internal Revenue Service to maintain their tax-exempt status. Processing Content The new Form 15644, Supplemental Group Ruling Information, will now be used to make annual Supplemental Group Ruling Information submissions, the IRS said in an email Tuesday. Revenue…
Dive Brief: Consumer prices rose last month at a lower-than-forecast annual rate of 3.5% from a 4.2% pace in May, the Bureau of Labor Statistics said Tuesday, moments before Federal Reserve Chair Kevin Warsh pledged to slow inflation to the central bank’s 2% goal. A 5.7% decline in energy prices — including a 9.5% slump…