News

Almost three-quarters of Americans say the U.S. is still in a recession, according to the 2014 American Values Survey from the Public Religion Research Institute. Only 7% of Americans say their financial health is excellent.

Philip Moffitt of Goldman Sachs Asset Management said that Treasury 10-year yields could increase to 4% over the next year as the Federal Reserve winds down its bond-purchase program and considers raising rates.

Finance ministers and central bankers are set at this weekend’s Group of 20 nations meeting to deal with the issue of how multinational corporations are taxed. “Hopefully this weekend, G-20 finance ministers will sign up to an agreed global approach […]

The Federal Reserve’s policy-making committee rejected calls to accelerate the withdrawal of stimulus and made it clear that it has no intentions of moving swiftly to raise interest rates. “There are still too many people who want jobs but cannot […]

The Organization for Economic Cooperation and Development has proposed new international tax rules designed to put an end to the practices multinationals often use to shift profits to low-tax locales. The OECD is proposing a series of actions and guidelines […]

Corporations need to be aware that issuing stock warrants or convertible debt to raise funds sometimes causes an ownership change under Section 382 of the Internal Revenue Code, which limits the use of net operating losses. Sheryl L. Vander Baan, […]

Retail sales in the U.S. rose 0.6% in August, the sharpest increase in four months. Sales at furniture, clothing and electronics stores led the growth, while department store sales fell.

Transactions involving the use and exchange of foreign currencies are one of the least-researched international fraud topics. While the topic is complex, the potential risks to companies make it crucial for corporate fraud fighters to educate themselves.

Economists are paring their third-quarter growth estimates for the U.S. economy after a report that the nation’s wholesale inventories rose only 0.1% in July for the smallest gain in a year. The number fell far short of the forecast 0.5%.