Congress returns to session this week and there are only nine legislative days on the calendar. The rise of the debate over the proper foreign policy response to Syria will have a significant impact on this reduced schedule. To recap, Congress must pass a continuing resolution (CR) to fund the government for FY 2014, which begins on 1 October. Additionally, the authorization of the Commodity Exchange Act expires on 30 September, as does the farm bill. Moreover, the federal government is expected to exceed the debt ceiling limit (which is set at a debt amount, not a date in time) by mid-October and that is likely to have a package of spending cuts attached to it.There is even talk of the House Energy and Commerce Committee having a draft o...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...