Macroeconomic Quarterly Update (November 2026)

Macroeconomic Quarterly Update (November 2026)

Overview: U.S. economic growth accelerated in Q3 2026, with real GDP expanding at a 3.4% annualized rate, up from 2.2% in Q2, supported by higher AI investment (led by inventories as well as equipment related to AI), consumer spending, and federal government spending....
Macroeconomic Quarterly Update (August 2026)

Macroeconomic Quarterly Update (August 2026)

Overview: Fed policy remains on hold: At the July 29, 2026 FOMC meeting, the Federal Reserve held the policy rate at 3.50%–3.75% for a fifth consecutive meeting by a 9-3 vote, as Chair Kevin Warsh signaled a reduced reliance on forward guidance in favor of incoming...
Macroeconomic Quarterly Update (May 2026)

Macroeconomic Quarterly Update (May 2026)

Overview: Fed policy remains on hold: At the April 2026 FOMC meeting, the Federal Reserve kept the policy rate at 3.50%–3.75% amid elevated inflation and energy-driven uncertainty, with notable internal dissent underscoring an approaching, but not imminent, pivot...
The Key Terms in a Purchase Agreement and What They Mean

The Key Terms in a Purchase Agreement and What They Mean

If you are considering selling your business, getting familiar with the key aspects of a purchase agreement is important. A purchase agreement is the document that governs the legal aspects of an M&A transaction. The document is lengthy, with legal language that...