ACN Business

Can Biden and McCarthy avert a calamitous debt default? 3 evidence-backed leadership strategies that might help

Written by Wendy K. Smith, Professor of Business and Leadership, University of Delaware

Whether or not the U.S. defaults on its debt may depend on the leadership of Joe Biden and Kevin McCarthy.AP Photo/Mariam Zuhaib

The U.S. is teetering toward an unprecedented debt default that could come as soon as June 1, 2023.

In order for the U.S. to borrow more money, Congress needs to raise the debt ceiling – currently US$31.4 trillion....

From fake medicines to watches, counterfeits are everywhere and getting harder to catch
Jonathan Borba/Pexels, CC BYThere’s now a vast, rapidly expanding global trade in counterfeit goods: imitation clothes…
‘Mum and dad investors’ are pulling back. What will that mean for NZ’s housing market?
Getty ImagesIn New Zealand’s long and storied romance with the property market, the “mum and dad” investor …
Negative gearing tax breaks could finally be tightened in the May budget. What options are on the table?
In the lead-up to the May federal budget – now just a fortnight away – Treasurer Jim Chalmers has left the door o…
Competitive Intelligence: Why Real-Time Tracking Is a Game-Changer
As a business, keeping up with your competition is crucial to staying on top of the game. It can be really frustrating when…
Why the world’s banks are so worried about Anthropic’s latest AI model
Monstera Production/PexelsThe legendary American bank robber Willie Sutton spent 40 years robbing banks because, as he claime…
Banks must cancel direct debits on request. Why isn’t it the same for card payments?
Ron Lach/PexelsHave you ever noticed that cancelling some subscriptions feels as simple as walking out a clearly marked &ldqu…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Australia is experiencing a clean energy revolution as commercial and domestic landlords turn rooftops into revenue
Property owners are boosting returns by selling energy back to the grid and to tenants Commercial and residential landlords across Australia are discovering a new way to increase property returns, by…

Accurately Forecasting Your Cash Flow for the Year Ahead
You’ve probably heard the phrase ‘cash flow is king’ and with tough economic times for many Australian SME’s never has this been more true. Cash flow is what separates a…
Disaster hits small business in many ways. We need a national strategy to help them adapt
When the central business district of Lismore was flooded in 2017, every small business owner in the northern New South Wales town had a decision to make. Should they rebuild…
Investing In A Gold IRA? What Are The Alternative Currencies?
Investing in cryptocurrencies with deferred taxes Due to the fact that it is a self-directed IRA, a Bitcoin IRA account enables you to make long-term investment plans in investment instruments of…

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Can Biden and McCarthy avert a calamitous debt default? 3 evidence-backed leadership strategies that might help

From fake medicines to watches, counterfeits are everywhere and getting harder to catch

‘Mum and dad investors’ are pulling back. What will that mean for NZ’s housing market?

Negative gearing tax breaks could finally be tightened in the May budget. What options are on the table?

Competitive Intelligence: Why Real-Time Tracking Is a Game-Changer

Why the world’s banks are so worried about Anthropic’s latest AI model

Banks must cancel direct debits on request. Why isn’t it the same for card payments?

Traditions of Rural Bali at Villa Sabana

Australia is experiencing a clean energy revolution as commercial and domestic landlords turn rooftops into revenue

Accurately Forecasting Your Cash Flow for the Year Ahead

Disaster hits small business in many ways. We need a national strategy to help them adapt

Investing In A Gold IRA? What Are The Alternative Currencies?

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

Why the SME is now the primary engine of global cybercrime

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers