Forefront | Blog
The FTX Scandal
Massive, headline-making frauds like the Madoff, Theranos and, most recently, FTX scandals have sent shockwaves resulting in billions of dollars of losses to investors. The FTX scandal was perpetrated by Sam Bankman-Fried, also referred to as SBF, resulting in the… Continue Reading
Cannabis Receivership – What to Know as a Lender or Investor
Recently I spoke on a panel that highlighted the murky waters ahead for operators and investors in the cannabis sector. In a competitive market, cannabis operators may find themselves behind the 8-ball. With no federal bankruptcy protection afforded to plant-touching… Continue Reading
10-Year Treasury Yield
Recent changes in the bond market have spooked investors and renewed fears of a recession, At the center of the storm is the 10-year Treasury yield, one of the most influential numbers in finance. The yield, which represents borrowing costs… Continue Reading
Amazon Sued Over Anti-Competitive Practices
Amazon has been sued by the Federal Trade Commission and regulators in 17 states for allegations that it inflates online prices and overcharges sellers to stifle competition. Brian Vargason breaks down the lawsuit, which hopes to force Amazon to loosen… Continue Reading
What is the Value of a College Degree?
What is the TRUE value of a college degree in 2023? Looking at the average annual in-state tuition, room and board, and additional fees at Michigan’s top three universities (via U.S. News & World Report) and the average starting salary… Continue Reading
Artificial Intelligence Past, Present & Future
Artificial Intelligence, or “AI,” has been 2023’s biggest buzzword. But really, AI has been around since the mid-20th century and, until now, has quietly played a productive role in our everyday lives. Join C. Keith Chulumovich, CPA, CTP, as he provides… Continue Reading
Apple Moves to USB-C
Apple has finally embraced standardization with the shift to USB-C for the new iPhone 15. Modern headphones, game consoles, and many laptops, including Apple’s MacBooks, long ago adopted USB-C as a standard charging port. The iPhone was one of the… Continue Reading
Looming UAW Strike
As we inch closer to a pending strike of 150,000 UAW workers at GM, Ford, and Stellantis, Connor Burke dives deeper into the economic ripple effects this work stoppage may bring.
Forefront Friday: Labor Day
The United Auto Workers will wage a strike against Ford, General Motors, and Stellantis later this month. The strike is estimated to bring a whopping $5 billion in economic losses over a period of 10 days. Join John Ruther as… Continue Reading
375M Jobs Could Be Taken Over By AI
By 2030, it is estimated that up to 30% of the current U.S. labor activity could be automated using AI technology. While AI is projected to add 97.5 million jobs over the next decade – and add $15.7 trillion to… Continue Reading