News

More than 500 industry groups have urged Congress to renew dozens of expired tax breaks, including the R&D credit, breaks for charitable giving, incentives for business expenses and deductions for local and state sales taxes. Failing to bring back these […]

Changes the Federal Reserve makes to its bond portfolio could have a greater effect on U.S. financial and housing markets than possible interest rate increases would, Fannie Mae chief economist Doug Duncan said Monday. “One would think that they would […]

U.S. consumer sentiment is up this month, and consumer spending rose in October, boding well for the crucial holiday shopping rush. However, one component of the Thomson Reuters/University of Michigan sentiment index showed inflation expectations falling, posing a challenge for […]

Finance is increasingly taking the driver’s seat at businesses around the globe, Olivia Kirtley, CPA, CGMA, the new president of the International Federation of Accountants, explained in closing remarks at the World Congress of Accountants in Rome.

Confidence in the U.S. economy is at the highest level since June 2013, the latest Gallup poll shows. Last week’s poll showed an average -8 confidence rate, an improvement over the -13 to -21 indexes earlier in the year. In […]

Addressing market structure concerns, finalizing rules governing securities swaps and publishing the final version of Regulation Systems Compliance and Integrity are among the top priorities for the Securities and Exchange Commission in 2015, according to comments made at an industry […]

The Obama administration released projections for the 2015 enrollment period of the Affordable Care Act of 9 million to 9.9 million, which is lower than a Congressional Budget Office forecast of 13 million. The administration also adjusted the official enrollment […]

The cyberattack on JPMorgan Chase has prompted lawmakers to push for advancement of legislation intended to protect Americans against data breaches. “The longer we wait to take action, the more vulnerable we become, and as we’ve seen today, Americans will […]

Nonfarm payrolls were up 248,000 in September, according to data released by the Bureau of Labor Statistics today. This was a bit above economists’ expectations of around 220,000. The unemployment rate decreased to 5.9% from 6.1%. The number of jobs […]