U.S. economy booms at a 3.3% pace in the fourth quarter
The U.S. economy last year expanded by a robust, above-trend pace of 3.1% and a fourth quarter pace on a seasonally adjusted rate of 3.3%.
Navigating the new DOL guidance on worker classification
The U.S. Department of Labor's new rule reinstates the "economic reality test" for distinguishing employees from independent contractors and ...
The IRS launches the pre-filing registration tool for clean energy credits
The IRS has launched the pre-filing registration tool enabling taxpayers to monetize clean energy credits under the IRA/CHIPS. The IRS released ...
Consumer sentiment rises above expectations in January
Consumer sentiment rose in January to 78.8 from 69.7, much higher than the median consensus forecast of 70.1.
How attacks on ships in the Red Sea are affecting trade
Trade through the Red Sea accounts for 15% of total global sea trade, including vital supplies of grains, seaborn liquid natural gas and oil.
New York finalizes broad changes to corporate tax rules
New York's long-anticipated corporate tax regulations addressing 2014 tax reform and general modernization to the state's tax code are final.
The art of the practical: Adopting AI in a responsible way
Insights and best practices on how to navigate the intricate AI environment and drive enhanced growth and efficiency.
Global economic outlook: Rates
Central banks in developed economies have essentially ended their rate hike campaigns and are moving to shape expectations for synchronized rate ...
FASB adopts certain SEC recommended disclosure updates
The FASB has issued an Accounting Standards Update to incorporate several SEC disclosure and presentation requirements into U.S. GAAP.
December employment report caps an extraordinary year of 2.7 million jobs added
The U.S. economy added 216,000 jobs in December, closing out an extraordinary year that saw an increase of 2.7 million in total employment and a ...
Advanced manufacturing production credit proposed regulations issued
The section 45X advanced manufacturing production credit incentivizes the manufacturing of components used in energy projects.
Fed signals end of rate hikes and projects cuts in 2024
The Federal Reserve signaled at its meeting on Wednesday that it is done raising its policy rate and is poised to reduce it by 75 basis points ...
U.S. November Consumer Price Index: Inflation continues to abate
Inflation continued to abate in November as energy prices declined by 2.3% and gasoline prices dropped by 6%, resulting in a 0.1% monthly ...
IRS will use AI to help target partnerships and high net worth individuals
The IRS announced a sweeping enforcement effort that will engage AI to focus on large partnerships and wealthy individuals.
FOMC preview and the logic of Fed rate cuts in 2024
After nearly two years of raising the federal funds policy rate to restore price stability, the Federal Reserve is poised to all but declare ...
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