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Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
As with most things in life, the answer is typically not black or white, but usually some shade of gray. We have written extensively over the past few months of the conundrum in the marketplace given that so much of the data remains contradictory.There are many reasons to be concerned ...
The inflationary period we’re facing now was caused by a perfect storm of events – ongoing supply chain disruptions, the post-pandemic surge of demand, a labor shortage, transportation issues, and more. This has set off a ripple effect – suppliers must pay more for materials and pass those costs on ...
Today’s sophisticated robotic and data-driven warehousing automation systems have been a game-changer for the warehousing sector, minimizing disruptions while maximizing throughput. Manual processes alone, without the assistance of automation, are simply too slow, cumbersome, and costly in today’s high-demand, high-speed market.According to Scott Deutsh, president of Ehrhadt + Partner, a global ...
Supply chain disruptions continue to be a pervasive and major problem across industries in the US, serving as a catalyst to the skyrocketing inflation rate. Supply chain issues have hit the manufacturing sector especially hard, causing production delays, increasing prices for raw materials and goods, and hampering growth.Unfortunately, many manufacturing ...
Since June of 2021, the U.S. Dollar has appreciated more than 15 percent against a basket of other developed world currencies. In particular, the dollar strength has driven the EUR/USD currency pair to near parity. Therefore, this month we considered how long the run-up could last and what might cause ...
Consumers are weighed down by financial anxiety: A PwC report found 63% of respondents said their financial stress has increased since the start of the pandemic. And those numbers could be escalating given current economic conditions, with a survey from the American Psychological Association (APA) revealing that the rise in prices ...
Homebuyers are taking their purchasing power back — and that means sellers no longer rule the roost.As the Federal Reserve's attempts to cool inflation boost interest rates, it's led to a slowdown in the real estate market that has shifted purchasing dynamics.Across the country, 14.9% of homes that went under ...
Peer-to-Peer (P2P) mobile payment apps such as PayPal, Venmo and CashApp have become increasingly popular with both individuals and small businesses to transfer money quickly and conveniently. If you are using these payment apps or other third-party credit/debit card processors for your business, however, there are some new tax implications ...
As with most things in life, the answer is typically not black or white, but usually some shade of gray. We have written extensively over the past few months of the conundrum in the marketplace given that so much of the data remains contradictory.There are many reasons to be concerned ...
5 Questions with Pat Roque - Rock on SuccessAs she turned 50, Pat Roque's successful career came to an abrupt stop and she found herself with no paycheck, severance, or knowing what steps to take to move forward. But Pat’s best friend gave her a birthday present that proved to ...
What goes up must come down — even if it takes a while. The Federal Reserve's attempts to cool inflation have yet to bring the economy to equilibrium. As it approaches a likely downturn, experts predict a recession could hit the US within the next 12 months. In the past, recessions have ...
There are approximately 1.3 million active-duty military personnel in the United States, bravely putting their lives on the line for American civilians at a moment’s notice. Heroism runs deep in the American military, but these types of careers might come with a price. When your job carries a certain level ...
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
