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The Latest Breaking News from Deloitte

10 Ways to Prepare Your Budget Before Holiday Shopping Starts

Holiday shopping can feel manageable until gifts, food, travel, decorations, and shipping charges start hitting at the same time. With Deloitte forecasting U.S. holiday retail sales of $1.70 trillion to $1.71 trillion from November 2026 through January 2027, retailers are preparing for another busy season. Preparing a holiday shopping budget…

Budget and the Bees

September Is a Good Month to Find Out What Your Kid Actually Uses From That Huge School Supply Haul

By September, the excitement of back-to-school shopping has usually been replaced by something much more useful: evidence.

Kids Ain't Cheap

Accenture to pay $25 million to settle US government allegations over DEI

IT firm Accenture will pay twenty-five million dollars to settle US government diversity claims. The settlement addresses allegations of considering race and gender in hiring and promotions. This action follows similar probes involving other major consulting firms like Deloitte and IBM. The Trump administration had previously targeted diversity, equity, and…

The Economic Times

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Your September Budget Should Include One Category Most People Forget

September can feel like a financial reset, with summer ending and the holidays still seemingly far away. That makes it easy to build a September budget around bills and school costs while overlooking one category that can prevent a year-end scramble. The missing line is a seasonal expenses fund, sometimes…

Budget and the Bees

Major US Corporations Are Reportedly Modifying 2027 Health Benefits to Offset Rising Medical Costs

US employers including Disney, Starbucks and Deloitte are changing health benefits as medical costs are projected to rise sharply in 2027.

International Business Times UK

Back-to-School Peer Pressure Isn’t Just Affecting Kids—It’s Costing Parents Money

The $30 backpack works perfectly well, but your child wants the $80 one because “everyone has it.” The basic sneakers fit, but suddenly a particular brand feels essential before the first day of school. Then come the trendy water bottle, name-brand hoodie and accessories showing up repeatedly on social media.…

Kids Ain't Cheap

In 2018, Deloitte redesigned London's New Street Square with around 6,300 plants and 600 sit-stand desks. 8 years later, 365 bike spaces and a 1,100m² gym have reshaped office life

Deloitte's London campus achieved WELL Building Standard certification in 2018. The project integrated environmental design and a wellbeing agenda for employees. It featured extensive biophilic elements, including thousands of plants and green walls. Measures promoting physical activity included numerous sit/stand desks and a large gym.

The Economic Times

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Apple's surprise price twist for old iPhone models exposes smartphone price pain

In the wake of the iPhone 18's debut, Apple has made notable price hikes on its older iPhone models in India. This decision is largely influenced by the increasing costs of memory chips, driven by the growing demand from AI data centers. Once seen as budget-friendly options post-launch, entry-level models…

The Economic Times

Your Child May Not Need Everything Teachers Ask for on Day One

The school supply list says three boxes of tissues, four dry-erase markers, two specialty folders, headphones, disinfecting wipes and a particular brand of colored pencils. Does your child really need every one of those items sitting in their backpack on the first morning?

Kids Ain't Cheap

16 Republican attorneys general question Big Four climate commitments

On Aug. 24, a coalition of 16 Republican state attorneys general sent letters to Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers (PwC) — collectively known as the Big Four accounting firms — raising concerns that the firms' climate commitments may conflict with professional accounting standards and state consumer protection…

Ballotpedia

Indian banks' names keep fading from your loan documents

The landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs and fintech firms are not just leading originations by both volume and value; they are redefining lending opportunities as the economy continues to develop. Banks are still integral, providing necessary…

The Economic Times

Some Parents Are Spending Nearly $1,000 Getting One Child Back to School

Back-to-school shopping used to mean pencils, notebooks, a backpack, and maybe a new pair of sneakers. In 2026, however, a complete shopping trip can easily include clothing, electronics, sports equipment, lunch gear, and other expenses that push the bill toward four figures. PwC reports that U.S. families expect average back-to-school…

Kids Ain't Cheap

Construction Needs 349,000 New Workers in 2026. The Data Center Boom Can't Wait for Them

Deloitte puts the cost of not closing the workforce gap at $124 billion in lost output and a shortfall of more than two million skilled trade workers by 2028.

International Business Times

8 Ways Kids Can Quietly Blow the Family Budget Once School Starts

Back-to-school shopping gets most of the attention, but the spending rarely stops once classes begin. In fact, the family school budget can take a bigger hit after the backpacks are packed and the first-day photos are posted. PwC’s 2026 Back-to-School Survey found parents expect another $635 per household each month…

Kids Ain't Cheap

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International Business Times

Large Employers Are Cutting Health Benefits as Costs Surge. Workers Could Pay More Next Year.

Mercer's annual survey of employer-sponsored health plans projects that the total cost of health benefits per employee will increase by an average of 8.2% in 2027, the biggest increase since 2003.

Kids Ain't Cheap

September Is Becoming a Second Back-to-School Shopping Season

Back-to-school shopping used to feel like a July-and-August sprint, but for many families, the spending does not stop when the first bell rings. Once students actually enter classrooms, parents can discover that the original supply list was only a starting point, with teachers requesting additional materials, clothing needs becoming clearer…

Kids Ain't Cheap

Your Kid’s Backpack May Say More About Your Budget Than You Think

A backpack may look like just another school supply, but the one hanging from your child’s shoulders can reveal plenty about how your family approaches money. From a $25 basic bag to a trendy $100-plus brand-name option, parents are balancing durability, social pressure, personal style, and household finances. That balancing…

Kids Ain't Cheap

7 Back-to-School Expenses Parents Forget to Budget for Until September

You bought the backpack, checked off the supply list, and somehow survived the clothing and shoe shopping, so the back-to-school budget should be finished, right? Unfortunately, September has a habit of producing a second round of bills that many families never saw coming. Deloitte’s 2026 Back-to-School Survey found that parents…

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Budget and the Bees

9 Ways to Cut Fall Spending Without Making Your Life Feel Smaller

Fall has a funny way of sneaking expenses onto the calendar. One week brings school fees and new shoes, the next brings Halloween costumes, cooler-weather clothes and a weekend trip, and suddenly the holiday season is waiting around the corner with its hand out. That pileup can make a normal…

Ballotpedia

SEC moves to eliminate shareholder proposal rule, shift power to states

In this week’s edition of Economy and Society:

Fortune

Deloitte sees a $566 billion lunar economy by 2050

But a market that doesn’t exist yet could yield an even larger payoff.

The Economic Times

Husband claims annual salary fell to Rs 36 lakh, cites Rs 1.7 crore home loan; court orders Rs 2 lakh monthly maintenance to wife

A Gurgaon family court ordered a husband to pay Rs 2 lakh monthly maintenance to his estranged wife and children despite a sharp income drop, Rs 1.7 crore home loan, and children’s education costs. Here's what happened.

Clever Dude

Deloitte Will Pay $21.5 Million to Settle Federal Claims Over Hiring and Promotion Practices

Deloitte and four affiliated entities have agreed to pay the federal government $21.5 million to resolve allegations involving employment decisions based on race and sex while the companies performed work under federal contracts.

Fortune

Deloitte puts the lunar economy at up to $566 billion by 2050—and SpaceX is speeding the timeline

The report, shared with Fortune ahead of its Wednesday release, says ripple effects could push the total above $1.1 trillion if water-ice rocket fuel and orbital data centers pan out.

The Economic Times

Deloitte to pay $21.5 million to settle US government probe over DEI

The U.S. Department of Justice has concluded an investigation into Deloitte's diversity and inclusion efforts, leading to a $21.5 million settlement. Deloitte denies any discriminatory practices but has agreed to the settlement to resolve claims from a group challenging affirmative action, of which $4.3 million will be awarded to them…

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