Archive for February 2019
Country Getting Creative to Fund Infrastructure Changes
From politicians in Washington to residents whose cars are routinely damaged by potholes, perhaps the most agreed-upon issue in the U.S. is the country needs an infrastructure upgrade. Frustrated by inaction at the national level, the president and CEO of the U.S. Chamber of Commerce recently announced $25,000 in cash prizes will be awarded to…
Read MoreU.S. Oil Production Fuels Worldwide Changes
In recent years, the scope of the oil market has changed. OPEC, headquartered in Vienna, Austria, was established in 1960 to unify the petroleum policies of its members. These 14 countries, mostly in Africa and the Middle East, are considered hotbeds for oil.1 However, the world’s two largest producers are the United States…
Read MoreCustomers Withdraw from In-Person Banking
A changing society has changed some of the ways customers and banks interact. For example, early efforts by brick-and-mortar banks to cut costs by promoting online transactions and electronic statements gave way to a new wave of competition from internet-based banks.1 This also severed some of the close relationships longtime customers enjoyed with familiar tellers…
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