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How Federal Debt May Impact Banking

South State Correspondent

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

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The Gig Economy Gets Ready To Scale

PYMNTS

The gig economy is set to expand and take on new importance as the nation and world recover from COVID-19. New laws like California’s Assembly Bill 5 (AB5) and many others have also created new compliance hurdles for companies employing gig workers that must be managed. workforce is expected to freelance by 2028.”.