Consumer confidence in the US economy has perked up, reaching a six-month high in October. The University of Michigan’s consumer sentiment index climbed to 71.5, a...
A well-organized chart of accounts is the backbone of any company’s bookkeeping and financial reporting system. It’s essential for categorizing transactions properly, ensuring accurate record-keeping, and...
Over half of accounting and tax firms plan to increase fees across all services in 2025, according to a new survey. The survey, released Wednesday by...
Gilead Sciences Inc.’s stock rose 2% in after-hours trading Wednesday, after the biotech blew past third-quarter earnings estimates and raised its guidance, boosted by demand for...
Small and midsize businesses (SMBs) play a pivotal role in economies worldwide by driving employment, sparking innovation, and providing economic stability. However, in today’s competitive landscape,...
You don’t need to be a rocket scientist to understand why Donald Trump won the U.S. presidential election. Most Americans have said, consistently, that the economy...
Illinois voters approved a nonbinding proposal to add an extra 3% levy on annual incomes of more than $1 million, which could fuel a new effort...
The question for investors is what happens once the postelection euphoria wears off.
Robust cash flow is king. Yet many accounts receivable teams find themselves mired in manual processes that are slow and, ultimately, costly. With the advent of...
Measure 4 would have cost the state an estimated $3.15 billion over two years.
“Let that sink in,” Elon Musk said.
Individuals waiting until after the presidential election to begin their year-end tax planning election can wait no longer: The votes have been cast, and Dec. 31...
First, the good tax news. Clients approaching retirement can delay their future required minimum distributions — and accompanying income taxes — until they’re 73 rather than...
An aggressive selloff in bonds which began after Tuesday evening’s early election results continued on Wednesday, pushing the 30-year yield up by the most in four...
Donald Trump is returning to the White House, and the U.S. economy is in for a wild ride. The former and soon-to-be next president has promised...
Almost 10 months after a scandal that shook Archer-Daniels-Midland Co., the commodity-trading giant is still struggling to sort out its accounting. ADM, which in March adjusted...
U.S. stocks rallied Wednesday morning after Donald Trump won the U.S. election.