Protect Your Business Against Bad Debt Expense>
Bad debt expenses are account receivables that are no longer collectible. Learn how to calculate bad debt expense and how to protect your business against bad debt.
US: Fine Now, Not so Good Later
The news flow is unusually heavy for August, and at the moment it’s somewhat skewed towards the negative. Our central scenario of continued, but slowing growth for the rest of 2019, followed by a significant risk of a recession in 2020 remains intact.
Learning from Recent Retail Bankruptcies
The Euler Hermes team studied 31 retail bankruptcies in the US involving companies with annual revenues exceeding $70 million that occurred between 2015 and 2018 to identify common themes and insights.
US: Busier than a French Highway in August
It’s been an exceptionally busy week for economic news. But it all points to a slowing economy. Read more from Dan North.
Fed Cuts, but Lowers Hopes of Further Reductions
As expected the Federal Reserve lowered the Fed Funds rate by 0.25% to a range of 2.00%-2.25%. It was the first rate cut in over ten years.