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National flags of China, the United States, and the Chinese Communist Party are displayed on flag stalls at the Yiwu Wholesale Market in Yiwu, Zhejiang Province, China, May 10, 2019.Ally Song | ReutersThe communication “seeks to create a good environment for economic and trade cooperation between the two countries, especially in stabilizing business expectations,” Wang said in Mandarin at a press conference translated by CNBC.He did not mention U.S. high-tech regulations, but said sanctions would create uncertainty for businesses and “significantly increase” compliance costs.Over the past two years, the Biden administration has imposed export controls that limit the ability of…

Aires REIT announced Friday that Caprito, the real estate group's founder and largest shareholder, is partnering with fellow activist Canadian investors who plan to stage a coup on the board and sell or dissolve the company within two years. I tried to downplay the attempt. .Caprito's chief executive Mark Kenny told the Business Post late on Thursday that the company, which owns 18.7% of Aires, will pass a resolution at next month's extraordinary general meeting (EGM) paving the way for the sale. He said he plans to vote with Capital. or dissolution of the business. He also said Caprito will…

The U.S. Bureau of Economic Analysis reported favorable GDP growth for the fourth quarter of 2023.getty Economic growth remained strong in the fourth quarter of 2023, defying many recession forecasts, including mine. There may still be a few quarters of slower growth and a recession remains a possibility, but the most likely path is growth. Business owners who are feeling gloomy need to reconsider their attitudes toward labor, capital investment, and financing. Gross domestic product (GDP) grew at an annual rate of 3.3% in the fourth quarter, adjusted for inflation. Our long-term compound growth rate over the past 20 years…

Effective cybersecurity is crucial to businesses — and it’s becoming even more important as digital transformation initiatives, cloud computing, remote work and the use of AI technologies expand in organizations. Those trends make IT networks and systems, and the data they contain, more vulnerable to cybersecurity threats that can harm business operations, inflict substantial costs and damage a company’s reputation. Malicious attackers are increasingly targeting systems and applications that aren’t properly protected. For example, in an annual survey of cybersecurity professionals conducted in 2023 by professional association ISACA, 38% of the 2,178 respondents said their organization was experiencing an increase…

View Analyst Contact Information Easing Financial Conditions Help Reduce Headwinds To Growth Not surprisingly, given the year ended stronger than expected and with looser financial conditions, the probability of a U.S. recession starting within the next 12 months has moderated to 26% since our last publication in September. This is slightly down from the 34% average in the third quarter of last year but twice the baseline probability of recession since World War II (13%, see chart 1). The still elevated probability of a recession compared with normal times largely reflects the inverted yield curve (see chart 2). In the…

For most tax professionals, the answer to the question, “How much time is your firm wasting?” lies in investing in technology. Jump to: For today's accounting firms, advanced technology is no longer an option — it's a necessity. To keep up in an increasingly competitive industry, forward-thinking accounting firms are investing in artificial intelligence (AI) solutions to automate tax workflows, unlock new revenue streams, and better serve their clients. If your firm is considering investing in tax technology, now is the time. The most successful accounting firms are investing today to optimize future growth. But how can you claim the…

topic column Our expert columnists provide opinion and analysis on the important issues facing modern businesses and executives. Details about this series subscription icon subscribe share Marc Ayres / Icon Images In an era marked by rapid technological advances and dynamic changes in workplace culture, a team's ability to collaboratively set, pursue, and achieve corporate goals is more important than ever. This evolution reflects a deeper understanding of the importance of collective effort and a shared vision to achieve success. In traditional goal-setting methods, such as the SMART (Specific, Measurable, Achievable, Relevant, and Time-bound) goal strategy, team members often set…

downward angle icon An icon in the shape of a downward facing corner. People shop at the Glendale Galleria in California. Mario Tama/Getty Images Real GDP grew at an annual rate of 3.3% in the fourth quarter.This was higher than the expected 2.0%.Real GDP rose 4.9% in the third quarter, the latest point in time still showing strong growth. The U.S. economy continued to grow at a solid pace in the final quarter of 2023, but has slowed since the start of the year, according to new real gross domestic product data released Thursday morning.Real GDP grew at an annual…

Ridge View Bank The City of Roanoke has hired a new executive to advance its planned expansion into the New River Valley.Bank President Carey McConnell said in a release that Todd Murray, former president of the New River Valley Market, said: American National Bank & Trustcurrently serves as Ridgeview's senior vice president of commercial banking. Ridgeview Bank in Roanoke has appointed Todd Murray as senior vice president of commercial banking, effective January 2024. Provided by Ridgeview Bank Murray, a Blacksburg resident, will work in a yet-to-be-selected NRV office. McConnell said in a text message interview that Ridgeview eventually plans to…

Photo credit: Tobias After you add or claim your Yelp business page, you'll need to choose the category that best describes your business. There are over 1,500 different categories to choose from, and the list is constantly growing. Why categories are important Aligning your business with the right categories will help customers find your business when searching on Yelp. It also helps tell the story of your business and your area of ​​expertise. Hint: Make it easier for people to find you by choosing the category that is most specific to your business. For example, for a dim sum restaurant…