There is no question that inflation is one of the most important issues impacting the US economy in 2023. However, the annual inflation rate has dropped considerably since hitting a 40-year high of 9.1% in June 2022. According to The Guardian , the price of goods and services in the US rose by 4.9%
Internal audits are a crucial aspect of any organization, offering an unbiased evaluation of its internal systems, processes, and procedures. With the primary objective of offering independent assurance, internal audits bring a disciplined and impartial perspective to assess the effectiveness of
As executives in the real estate industry, you are well aware that successful management of assets is a critical factor in driving profitability and growth. In fact, the market size of real estate asset management was measured at a staggering $97.9 billion in 2022 , further driving the importance
Enhanced Security and Fraud Prevention Blockchain technology ensures the security of financial transactions through an unchangeable and secure ledger . On this decentralized blockchain network, each transaction is linked to the previous one. This creates a chain of blocks that is secured by
China is the world’s second-largest economy and a major trading partner for numerous countries around the world, including the US. This is precisely why the country’s recent slowdown has led to growing concern among Western economists, businessmen, and officials. While some Western countries are mor
Despite the many issues affecting it, the US economy has proved to be more resilient than previously expected, according to CNN. While critical challenges such as inflation, the Russia-Ukraine war, labor market shortages, and consumer spending have prompted experts to warn about an imminent