The Latest Episode of Extra Credit Is Here!

Good morning credit professionals! ? Get your Friday started by listening to the latest episode of our Extra Credit #podcast (And make sure you subscribe on Spotify or Amazon Music so you never miss a notification ?)https://www.buzzsprout.com/1927071/10805708Did you know ... 44% of credit professionals still work remotely either part or full t...
Continue reading
0
  933 Hits
  0 Comments
Tags:
nacmblog
Tweet
933 Hits
0 Comments

Federal Reserve Hikes Interest Rates Again … This Time by 0.75%

The Federal Reserve raised interest rates by 75 basis points today, the biggest rate hike since 1994. The Fed also hinted to more rate hikes in the future as it intensifies the fight against rising prices.This is the third time the central bank has raised interest rates this year, and experts have mixed feelings. Some are worried the aggressive app...
Continue reading
0
  966 Hits
  0 Comments
Tags:
nacmblog
Tweet
966 Hits
0 Comments

Oil Prices Likely to get Worse Before they get Better

The cost of diesel reached a new record this week of $5.72 a gallon, according to the U.S. Energy Information Administration. Rising oil and fuel costs are adding pressure to the prices of other goods. "Big parts of the economy run on diesel, from agriculture to manufacturing, and thus the surge in diesel prices is driving up prices broadly," Mark ...
Continue reading
0
  1032 Hits
  0 Comments
Tags:
nacmblog
Tweet
1032 Hits
0 Comments

Special Episode of Extra Credit Podcast

? This week we have a special episode of our Extra Credit #podcast … we take you to Louisville, KY where nearly 1000 business-to-business professionals and vendors gathered for NACM's 126th Annual Credit Congress earlier this week.Copy and paste the link to listen:  https://www.buzzsprout.com/1927071/10766497
0
  1021 Hits
  0 Comments
Tags:
nacmblog
Tweet
1021 Hits
0 Comments

ICYMI: Latest Episode of Extra Credit

Greetings from Louisville, KY! Reminder: don't forget to check out episode 10 of NACM's Extra Credit podcast if you have not already: https://www.buzzsprout.com/1927071/10727334... and make sure to keep an eye out for this Friday's episode to hear special coverage from Credit Congress! ?
0
  760 Hits
  0 Comments
Tags:
nacmblog
Tweet
760 Hits
0 Comments

Shanghai Slowly Lifts COVID Lockdown

After more than two months of COVID-related lockdowns, Shanghai started lifting restrictions today. However, it will likely take some time for China's economy to recover, especially while the country's zero-COVID policy remains in place."There is still quite some uncertainty and a scare that if there is a positive case in the office building or in ...
Continue reading
0
  1030 Hits
  0 Comments
Tags:
nacmblog
Tweet
1030 Hits
0 Comments

EU To Ban Most Russian Oil by Year-End

European Union leaders agreed late Monday to immediately ban 75% of oil imports, with plans to reach a ban on 90% of Russian oil by the end of this year, the Associated Press reported. The sanction covers oil imported by sea, but allows a temporary exemption on imports delivered by pipeline, "a move that was crucial to bring landlocked Hungary on b...
Continue reading
0
  1050 Hits
  0 Comments
Tags:
nacmblog
Tweet
1050 Hits
0 Comments

The Latest Podcast Episode of Extra Credit is Here!

Its a rainy day here at NACM headquarters in Columbia, Maryland. But what better way to spend the day inside than listening to the latest episode of our Extra Credit #podcast ? ?Listen here: https://www.buzzsprout.com/1927071/10692102This week we talked about...1. Credit departments losing staff to other companies2. Possible early signs of an ...
Continue reading
0
  1064 Hits
  0 Comments
Tags:
nacmblog
Tweet
1064 Hits
0 Comments

Stagflation Could Be Ahead for US Economy

Stagflation occurs when increasing prices and slowing economic growth occur at the same time. Inflation is currently sitting near a 40-year high, but economic growth is still fairly healthy and the unemployment rate is low.However, the Federal Reserve is playing a risky game of raising interest rates, which could send the U.S. economy into a 1970's...
Continue reading
0
  1032 Hits
  0 Comments
Tags:
nacmblog
Tweet
1032 Hits
0 Comments

Americans Concerned About Economic Cost of Russian Sanctions, Poll Shows

Americans are becoming less concerned about punishing Russia for invading Ukraine and more concerned about the cost those sanctions are having on the economy, according to a poll from The Associated Press-NORC Center for Publish Affairs Research.More than half (51%) of U.S. adults say limiting damage to the U.S. economy should be a top priority whi...
Continue reading
0
  904 Hits
  0 Comments
Tags:
nacmblog
Tweet
904 Hits
0 Comments

Listen to the Newest Episode of Extra Credit!

Have five minutes? Use it to get caught up on the latest B2B news in this week's episode of NACM's Extra Credit #podcast? (Hint: listeners will hear an exclusive webinar coupon code) ?Click the link to listen: https://www.buzzsprout.com/1927071/10652328This week we talked about...1. How Russia's invasion into Ukraine has complicated global tra...
Continue reading
0
  891 Hits
  0 Comments
Tags:
nacmblog
Tweet
891 Hits
0 Comments

Homebuilding Permits Tumble in April

The housing market is showing signs of cooling, as U.S. homebuilding permits dropped to a five-month low last month, Reuters reports. "Homebuilding was already being constrained by soaring prices as well as shortages of materials," the article reads. "The housing market is the sector of the economy most sensitive to interest rates, with building pe...
Continue reading
0
  1091 Hits
  0 Comments
Tags:
nacmblog
Tweet
1091 Hits
0 Comments

Biden Administration to Ease Some Economic Sanctions Against Venezuela

The U.S. is moving to ease some economic sanctions against Venezuela in hopes to encourage negotiations between the U.S.-backed opposition and Nicolás Maduro's government, according to the Associated Press.Several U.S. oil firms had their Venezuelan operations frozen by sanctions first imposed in 2019 to "choke oil exports and deprive Caracas of it...
Continue reading
0
  907 Hits
  0 Comments
Tags:
nacmblog
Tweet
907 Hits
0 Comments

Listen to the Latest Episode of Extra Credit!

Grab a cup of coffee and start your morning by listening to the latest episode of NACM's Extra Credit #podcast! ? ?Episode #7 (buzzsprout.com)This week we chatted about...1. The biggest challenges facing the U.S. economy today2. How industry credit groups compare to other information sources3. Turning risk into opportunities for growthWhat topics w...
Continue reading
0
  1041 Hits
  0 Comments
Tags:
nacmblog
Tweet
1041 Hits
0 Comments

Long Road to Recovery for US Inflation

Inflation slowed in April after seven months of surging, a signal that prices may already have peaked. However, inflation still has a long way to go. Consumer prices rose 8.3% in April, down slightly from the 8.5% year-over-year surge in March, per a government report."The Federal Reserve has signaled that it is all-in on fighting inflation but cal...
Continue reading
0
  1169 Hits
  0 Comments
Tags:
nacmblog
Tweet
1169 Hits
0 Comments

Cost of Diesel Continues to Climb

The price for a gallon of diesel fuel hit another record month, costing $5.62 compared to the average $2.44 per gallon the same time last year, according to the American Automobile Association (AAA). The cost increases come as diesel inventories sit at historic lows."Fuel prices have surged as efforts to isolate Russia, one of Europe's most importa...
Continue reading
0
  939 Hits
  0 Comments
Tags:
nacmblog
Tweet
939 Hits
0 Comments

US Fed Makes Biggest Interest Rate Hike In 22 Years

​The Federal Reserve raised the benchmark interest rate by half a percentage point on Wednesday, it's most aggressive hike since 2000. The Fed also hinted to further rate hikes in the future as it tries to tame the worst inflation in 40 years."With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to it...
Continue reading
0
  1259 Hits
  0 Comments
Tags:
nacmblog
Tweet
1259 Hits
0 Comments

Listen to this week's episode of the Extra Credit Podcast!

Happy Friday! Take a few minutes and get caught up on all things #B2Bcredit with this week's episode of the Extra Credit #podcast. https://www.buzzsprout.com/1927071/10527186On this week's episode: How to manage credit during a recession; Navigating conflict as a #leader; Using technology to create more value-added time for the credit team.You...
Continue reading
0
  961 Hits
  0 Comments
Tags:
nacmblog
Tweet
961 Hits
0 Comments

Chinese Yuan Continues to Drop Against US Dollar

China's currency hit a 17-month low against the U.S. dollar today, as fears grow about the economic repercussions from continued Covid lockdowns in some major Chinese cities. "There are concerns about the Covid situation in Beijing evolving into what happened in Shanghai with some prolonged lockdowns that bites the economy," Kevin Li, portfolio man...
Continue reading
0
  1511 Hits
  0 Comments
Tags:
nacmblog
Tweet
1511 Hits
0 Comments

New Podcast Episode from NACM!

ExtraCredit-logo-square
 It's Friday and you know what that means! The latest episode of our Extra Credit podcast is out now!Get up to date on all things B2B credit in just a few minutes. This week we took a close look at how supply chain disruptions are here to stay and what factors could lead to a U.S. recession. Listen to the newest episode here: ht...
Continue reading
0
  795 Hits
  0 Comments
Tags:
nacmblog
Tweet
795 Hits
0 Comments
       
1 2 3 4 5 6 7 8 9 10