The end of the year is quickly approaching, and as people turn their attention to holiday celebrations with friends and family, taxes are naturally the last thing on their minds. However, implementing one or more of…
Thought Leadership
This morning, the Bureau of Labor Statistics (BLS) released “The Employment Situation – November 2023.” To say analysts had been impatiently awaiting the report would be an understatement. First, the jobs report is always the most…
Each December, my crystal ball shows shadows of what is to come in the new year. Ordinarily, it simply displays an inverted image of my countenance. Unfortunately, the message is this: It won’t be as easy…
2023 has been one of the weirder years in my career, if not my life. While some of the data has been good, namely anything to do with the labor markets, the majority would have suggested…
After the deluge of red ink in September and October, we have told our clients to expect the stock market to rally to close the year. Of course, when you say such things, you have to…
This video collection features Trent Green, Managing Director, Deposit & Treasury Management at Oakworth, and corresponds to our larger corporate fraud prevention education series. Learn more about how you can manage corporate fraud. How Oakworth Can…
Currently, there seems to be no shortage of bricks for our wall of worry. Higher interest rates, coupled with a negatively sloped yield curve, are troublesome. Our nation’s growing public debt is a problem. The lack…
In 2022, banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network. That’s nearly double the 350,000 reported in 2021. Since May of this year, the U.S. Postal Service Inspection Service has…
This morning, the Bureau of Labor Statistics (BLS) announced the U.S. economy created 150K net, new payroll jobs during October 2023. Of these, only 99K were in the private sector. Both of these observations were less…
Yesterday, the Bureau of Economic Statistics (BEA) announced U.S. Gross Domestic Product (GDP) grew at a feverish 4.9% during the 3rd Quarter of 2023. If you had told me earlier in the year the economy would…