This morning, the Bureau of Labor Statistics (BLS) released the Employment Situation report for July. The economy created 157K net, new payroll jobs during the month and the Unemployment Rate fell to 3.9%. In so many…
Thought Leadership
Alexander Mitchell This summer at Oakworth I was able to truly be a part of the team and see all the different facets and roles of each department. Over the course of the internship I took…
As a general rule, I liked roller coasters when I was a kid. The Great American Scream Machine at Six Flags Over Georgia was a favorite, as were just about any other traditional wooden ones. If…
Chief Economist, John Norris, answers the most commonly asked questions. Dear John, It seems like all the companies you read about being so-called disruptors are just tech stocks. So, why do we even worry with calling…
Millennials often get an undeserved bad rap. Older folks call them entitled and lazy, just like the prior generations call them. However, let’s face it: our young people are growing up in a hypercompetitive world, and…
Borrowing money can be intimidating for business owners, particularly small business owners. The last thing any entrepreneurs want to be is beholden to the bank. That is a fate worse than debt, but sometimes it is…
Something kind strange happened this morning. After 8.5 years of economic expansion and almost 3 years into a Fed tightening cycle, the Bureau of Economic Analysis (BEA) released the best quarterly GDP (Gross Domestic Product for…
According to experts, the death of a spouse is the most stressful life event one can have. Whether it is unexpected or imminent, death is always a surprise. However, putting your financial house in order afterwards…
Trent Green is our special guest today giving us insight on the differences between corporate cards. Trent is Oakworth’s Managing Director, Treasury Management. Although the world of corporate payments is always evolving, bank and non-bank issued…
Recently, I had a conversation with a friend of mine about Canada legalizing marijuana at its Federal level. Ultimately, the discussion got around to whether the stuff would ever be legal in Alabama. My thoughts were/are simply…