Crisis news in the USA

An overview of news, trends and research in the category Crisis in the USA:

US consultancies struggling to find projects in China Amid a state security crackdown on the professional services sector and foreign capital flight due to worsening geopolitical conditions, US consultancies are struggling to find work in China, accordi
26 July 2023
How to manage impact of weather events on construction projects With weather events increasing in frequency and severity, consulting firm HKA outlined several steps companies can take to manage associated risk and costs.
03 April 2023
KPMG defends clean audits of SVB and Signature Bank KPMG US defended its clean audit opinions of Silicon Valley Bank and Signature Bank, both of which collapsed within two weeks of KPMG signing off on their financials.
17 March 2023
Finance executives expect global recession in next 12 months Seventy percent of finance executives anticipate a recession within the next 12 months, with 24% expecting one before the end of the calendar year, according to a recent report from AlixPartners.
20 July 2022
US bans accounting and consulting services to Russia In a new sanctions package announced on Sunday, the US Department of the Treasury banned the provision of US-based accounting, management consulting, trust and corporate formation services to any ind
11 May 2022
McKinsey: Worst-case scenario of Ukraine war includes US recession A recent McKinsey & Company report that examines the global economic impact of the Russian invasion of Ukraine says the worst-case scenario could result in a recession for the eurozone and United Sta
23 March 2022
Big consultancies move to cut ties with Russia after backlash The Big Three strategy firms and Big Four accounting and consulting firms have announced they are suspending operations in Russia.
07 March 2022
Alvarez & Marsal and Deloitte mandate vaccines for US staff Alvarez & Marsal and Deloitte are among the first consulting firms to announce vaccination requirements for its US-based employees.
31 August 2021
Declan Kelly resigns as CEO of Teneo after drunken misconduct claims Declan Kelly, co-founder and CEO of Teneo, a New York-headquartered management consultancy, has resigned after claims of drunken misconduct at a charity event.
30 June 2021
How social identities are affecting post-Covid economic prospects A “sobering” reality: last year’s pandemic exposed all manner of institutional and social discrimination across the US economy.
07 June 2021
Most companies improved profit margins in 2020, says Simon-Kucher Fifty-nine percent of companies globally saw improved profit margins, according to Simon-Kucher & Partners’ annual Global Pricing Study.
23 April 2021
Half of consumers say pandemic has permanently altered spending habits Half of consumers (48%) globally say the Covid-19 pandemic has permanently changed their consumption habits, according to a recent report from AlixPartners.
13 April 2021
Oliver Wyman forecasts full recovery for domestic air travel by early 2022 US domestic air travel is expected to make a full recovery by early 2022, according to a recent report from consulting firm Oliver Wyman.
12 April 2021
Pandemic driving junior staff burnout in professional services Junior staff at consulting, law, and financial services firms are suffering burnout as the pandemic drives longer hours in isolation, according to a recent report in the Financial Times.
29 March 2021
Consumer anxiety over Covid declining, but financial anxiety lingers Global consumers are reporting the lowest anxiety levels since April 2020, though concern over personal finances continues to accelerate, according to a recent report from Deloitte.
26 March 2021
ACA expansion in relief bill likely to be Biden's largest healthcare reform The two-year expansion Affordable Care Act (ACA) expansion contained within the $1.
25 March 2021
US projected to reach herd immunity by mid-summer Management consultancy Oliver Wyman expects the US to reach the herd immunity threshold (71% exposed to Covid-19 or vaccinated) by mid-summer, according to the firm’s Pandemic Navigator modeling tool
24 March 2021
Pandemic has forced most companies to alter business models The Covid-19 pandemic and subsequent economic fallout have forced 77% of companies to fundamentally change their business models, according to FTI Consulting’s annual “Resilience Barometer” report.
16 March 2021
Digital transformation priority jumps on the back of Covid-19 Since start of Covid-19, digital transformation as a priority has jumped by over 20% according to executives in the US and around the world.
16 February 2021
North Highland: The top strategic priorities for businesses in 2021 Cybersecurity, operational efficiency and customer experience are strategic priorities for businesses in 2021, while digital transformation continues to evolve in the backdrop.
04 February 2021
More focus needed on ethics and compliance during Covid-19 Growing risks stemming from the Covid-19 crisis have created the space for a heavier focus on ethics and compliance efforts in the US, according to a report from Nexdigm.
02 February 2021
Covid-19 sets back fleet & MRO forecasts for the whole decade Ten-year forecasts for the global aviations sector are much dimmer this year than they were in January 2020.
01 February 2021
BCG: More than half of US companies under financial or operational stress More than 60% of US companies are under financial or operational stress, according to a recent report from Boston Consulting Group (BCG).
20 January 2021
Eurasia Group names top global risks for 2021 Eurasia Group, a New York-based political risk consulting firm, has released its annual list of the top global risks for 2021 – which include a loss of confidence in electoral legitimacy from Republi
05 January 2021
Restaurants will see pared down menus, more digitalization in 2021 Technomic, a Chicago-based management consultancy focusing on the foodservice industry, in a recent report highlighted several likely trends for the beleaguered industry next year – including pared d
23 December 2020
Global banking industry could lose up to $4 trillion in revenues The next five years will pose unprecedented challenges to global banking, with heavy credit and revenue losses.
21 December 2020
US consumers will cut holiday gift spending by 14%, finds L.E.K. study Americans are projected to spend 14% less on holiday gifts in 2020, according to a recent survey from L.E.K. Consulting and Civis Analytics.
16 December 2020
Deloitte: Procurement leaders focusing on cash flow, expanding supply base With the pandemic marching on, procurement leaders continue to focus on having enough cash and expanding the number of suppliers to reduce supply chain risk, according to Deloitte’s 2020 Chief Procur
02 December 2020
Most employees with remote learning children feel burnt out Most (65%) of US employees with remote learning children are feeling burnout, according to recent survey from management consultancy Eagle Hill Consulting.
28 October 2020
KPMG slashes 1,400 jobs in United States KPMG US announced in late September that it is laying off 1,400 – or approximately 4% – of its 35,000-person workforce.
21 October 2020
Consumers buying more fresh food, but making fewer trips to store The pandemic is, unsurprisingly, driving changes in how consumers shop for fresh food groceries, according to recent report from consulting firm Deloitte.
16 October 2020
Companies spent $15 billion extra on technology per week during pandemic Companies spent approximately $15 billion extra per week on technology, according to the 2020 Harvey Nash/KPMG CIO Survey.
29 September 2020

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