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real estate

Business News

Investors need new options with real estate sales down

As the summer heatwave blazes on, the U.S. real estate market finds itself in a simmer of its own. According to the National Association of Realtors (NAR), the four major U.S. regions registered a year-on-year sales decline of 16.6% in July 2023.  As explained by NAR, two factors are driving the sales activities down this summer. The decline has illuminated the challenges potential home buyers face when attempting to invest in properties. Firstly, NAR Chief Economist notes, there’s a severe […]

todayAugust 24, 2023 23

business

Business News

Why your business needs to close the skills gap

With many businesses having wholly embraced the hybrid working model, development areas. Businesses that leverage a skills-based approach to learning will benefit employees in so many ways. Why is closing this skills gap a critical business imperative? Addressing inherent business weaknesses There are a wide variety of skills each company needs to place a priority on. This is especially the case when it comes to older employees. They might not necessarily have the same level of aptitude with packages like […]

todayAugust 21, 2023 50

business

Business News

Four-day weeks, hybrid working changing business world

As business owners look to keep pace with the ever-changing landscape, it is clear there are now two items they must put on the agenda. Hybrid working and four-day weeks. Responsible business owners will already be keeping an eye on issues like the emerging threats for 2024. However, any business wanting to stay ahead of the competition must open their eyes to the benefits of hybrid working and shorter weeks. Otherwise, they will run the risk of being left behind. […]

todayJuly 27, 2023 56

business

Business News

Tips for starting up your own online business

If you are thinking of starting up your own online business, you have come to the right place. An online business is the perfect way to make an income from the comfort of your own home. It allows you to be your own boss, no more holiday request form for you to fill out. They are not as hard as you may think. With the right perseverance and determination, you can make a lot of money from one.  An online […]

todayJuly 25, 2023 17

gig economy

Business News

The gig economy expands into new professional disciplines

The gig economy has been widely praised, and in some circles condemned, for how it’s adjusted casual working norms. For example, riders delivering food through services like DoorDash, drivers riding with Lyft and Uber. Freelancers working online could be considered part of the gig economy - that is if there’s a gig to be worked. The easy onboarding of temporary or cycling staff can be applied. In many ways, the gig economy is nothing new. We only need to ask […]

todayJuly 24, 2023 56

LLCU

Business News

LLCU completes purchase of Colchester State Bank

DECATUR -- Another bank in Central Illinois is now part of the Land of Lincoln Credit Union (LLCU) family. LLCU announced Friday its completion of the purchase and assumption transaction with Colchester State Bank in McDonough County. Through this transaction, LLCU has acquired all assets and liabilities of Colchester State Bank. The completion of this acquisition now results in LLCU's footprint expanding to a total of 14 branches. The initial deal was brokered and signed in December 2022. "We look […]

todayJuly 23, 2023 53

factory accountability

Business News

Six methods to improve factory management accountability

The task of stimulating business growth covers a number of disciplines, especially in the manufacturing industry. Being in charge of a manufacturing facility will demand a number of qualities, including accountability. But achieving accountability is a mighty test, especially in a fast-paced environment with a number of technical components. However, there are some strategies we can use: Utilize key performance indicators Being able to measure and track how your facility is performing is essential and will help you to set […]

todayJuly 21, 2023 64

Federal Reserve Jerome Powell

Business News

Federal Reserve starts new instant payment system

WASHINGTON (UPI) -- The Federal Reserve said Thursday that its new system for instant payments to financial institutions has gone live. The Fed said that banks and credit unions can start signing up for the system, called the FedNow Service, which will allow for instant money transfers for customers at any time of the day. "The Federal Reserve built the FedNow Service to help make everyday payments over the coming years faster and more convenient," Federal Reserve Chair Jerome Powell said in a statement. "Over time, […]

todayJuly 20, 2023 481

business

Business News

New business security threats coming in 2024

2024 may not be close yet, but experts are already identifying new security threats that your business could face. Why is this important? That's because the average cost of security or data breaches reached a record high of $4.3 million in 2022 alone, according to a data breach report by IBM. Without the right prevention strategies, businesses can lose even more money to such threats or attacks next year. Even worse, these threats will become more sophisticated with time, and […]

todayJuly 18, 2023 44

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