The rapid proliferation of smartphones and tablet computers is exposing corporate networks and information to unprecedented risk, and organisations worldwide should expedite efforts to shore up their cybersecurity systems.
That’s the message of four …
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Category Archives: Uncategorized
Mobile devices expose organisations to unprecedented security risks
Obama’s budget focuses on job creation
President Obama called for more spending on community colleges, job training, infrastructure, and research and development as he touted an election-year budget that seemed to complete his shift in focus from budget cutting to job creation. Arguing that the country can’t “cut our way to growth,” Obama delivered a $3.8-trillion budget plan to Congress and blew…
Obama budget: National debt will be $1 trillion higher in a decade than forecast
President Obama rolled out an election-year budget on Monday that would delay action to reduce the national debt in favor of fresh spending on Democratic priorities aimed at rebuilding the American middle class. In his final budget request before facing voters in November, Obama called for $350 billion in new stimulus to maintain lower payroll taxes,…
Fed Watchers See Risks in Rate Plan
Many economists believe the Federal Reserve risks making a big mistake if it sticks to its recent guidance about keeping interest rates super low for the next three years. The Fed said last month that it expected to keep short-term interest rates near zero until at least late 2014 to bolster the slow recovery. Among…
Would You Give Your Employees All Your Money?
In the small-business world, profit sharing is the new black. But one company, software training firm Agile Learning Labs, has taken it to the extreme. Agile’s six-member team is paid the same share of the company’s profits, regardless of title or role. Apparently, there are big advantages. First, since it impacts them directly and equally, all team…
Productivity Down, Employers Target Debt Stress
Financial education advocates point to three primary places to reach those who need help with their money: in schools, the point of sale, and at work. A debate rages over the first two. But efforts to educate employees at the office are spreading fast. The issues with school-based programs start with insufficient resources and teacher…
Obama’s Minimum Tax on Millionaires May Conflict with AMT
President Obama stuck to his main priorities in his State of the Union address on Tuesday night, with just a few surprises in the way of tax reform. “I don’t think those priorities are particularly new,” said Rick Bailine, principal in charge of McGladrey’s Washington National Tax Office, in an interview Wednesday. “The three priorities…
Obama Says High-Earners Should Pay at Least 30% of Income as Tax
President Barack Obama called on Congress to require the highest U.S. earners to pay at least 30 percent of their income in taxes, building on his election-year push for what he terms economic fairness. The president’s proposal in his State of the Union address tonight would create a minimum tax on income exceeding $1 million. That floor…
Fed Interest Rate Pledge May Send Investors to Risky Choices
The Federal Reserve is trying to help savers by stimulating the economy with low interest rates. It may actually push them toward riskier investments for yield. The Federal Open Market Committee said yesterday that economic conditions are likely to warrant “exceptionally low levels for the federal funds rate at least through late 2014.” The benchmark…
Prepaid college plans: shrinking options, rising risks
Jim and Celeste Durkin thought when they began investing six years ago in Illinois state’s prepaid college savings plan that they were locking in a bargain price if their daughter Caroline, who is now 10, eventually attended the University of Illinois. That might not be the case. The plan took some risky bets on private…
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