Archive for June 2024
How to Leverage Financial Analytics for Competitive Advantage
In the dynamic landscape of modern business, leveraging financial analytics has become a cornerstone for achieving and sustaining a competitive edge. Financial analytics provides deep insights into business operations, customer behaviour, and market trends, enabling companies to make informed decisions that drive efficiency and profitability. This article from KAAS explores how businesses can harness the…
Read MoreUS inflation down slightly ahead of latest Fed decision
US consumer inflation ticked lower last month, according to US government data, giving the US Federal Reserve positive news shortly before it publishes its latest interest rate decision. The annual consumer price index (CPI) came in at 3.3% in May, down 0.1 percentage point from April, the Labor Department said in a statement. The monthly…
Read MoreIncrease to poverty rates from pension reforms – ESRI
Government plans to increase Pay Related Social Insurance (PRSI) to fund the State pension will lead to a slight increase in poverty rates, particularly the child poverty rate, as those in the most affected age cohort are also those most likely to have dependent children. New research from the Economic and Social Research Institute (ESRI)…
Read MoreIrish mortgage rates drop slightly in April, Central Bank data shows
Irish mortgage rates dropped slightly in April, new data from the Central Bank of Ireland shows. The average interest rate on a new mortgage was 4.24%, down 0.07 percentage points compared to March. This meant Ireland had the seventh highest rates in the Eurozone, an improvement of one place on the previous month. The Eurozone…
Read MoreLive Register figures ease by 0.3% in May, CSO data shows
New figures from the Central Statistics Office show that the seasonally adjusted Live Register total fell by 0.3% to 173,200 people in May when compared to the previous month. The CSO said the unadjusted Live Register total stood at 168,406 people, down 4.6% from the same month last year. Of the 168,406 people on the…
Read MoreSCSI calls for increase in building control inspections
Ireland’s approach to the enforcement of building regulations requires a cultural shift, according to the new President of the Society of Chartered Surveyors. Kevin Hollingsworth called for a new proactive approach by local authorities, which he said must be backed by exchequer funding. Currently, local authorities are required to only inspect between 12 and 15%…
Read MoreOil edges down as cautious investors await Fed meet, US CPI data
Oil prices traded lower today, as investors waited for key US and China CPI data as well as the outcome of the Federal Reserve’s policy meeting to glean a clearer picture of where inflation is heading and how that will affect fuel demand. Brent crude futures fell 13 cents, or 0.16%, to $81.50 per barrel…
Read MoreThe Role of Forensic Accounting in Protecting Business Assets
In the intricate world of business, the safeguarding of assets is not just about physical security measures but also about the adept handling of financial intricacies. Forensic accounting, often seen as the intersection of accounting, auditing, and investigative skills, plays a pivotal role in protecting a company’s assets from fraud and financial discrepancies. This article…
Read MoreEuro falls in warning sign for markets after Macron calls snap France vote
The euro fell sharply today, hit by political uncertainty after gains by the far-right in voting for the European Parliament on Sunday prompted a bruised French President Emmanuel Macron to call a snap national election. The uncertainty in France adds one more element to what will be a busy week for markets with crucial US…
Read MoreIncreases in construction activity continued in May – BNP Paribas
Housing commencements remain on an upward trend, according to BNP Paribas Real Estate Ireland, with continued increases in construction activity across key residential segments. The construction activity index posted fractionally below the 50.0 no-change mark in May to signal broadly stable output in the sector midway through the second quarter. The reading was down from…
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