Featured News
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Fed holds interest rates steady in July
The Federal Reserve said Wednesday, July 30, that it's keeping its benchmark interest rate unchanged, citing elevated uncertainty over the nation's economic outlook.
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New commissioner confident IRS can implement OBBA’s tax provisions
IRS Commissioner Billy Long recently stated that he does not doubt the agency's ability to implement the tax provisions of the One Big Beautiful Bill Act (OBBBA).
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FASB advances GAAP codification refresh
The FASB recently voted to proceed with plans for more than 30 revisions to the Accounting Standards Codification, the source of authoritative U.S. generally accepted accounting principles (GAAP).
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Cryptocurrency still has limited Main Street appeal, Gallup poll finds
A new Gallup poll found that roughly one in seven U.S. adults (14%) report owning cryptocurrency today, with few others intending to buy it soon.
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Study: More Americans shifting money to accounts with investment income
A recent analysis of household finances found that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income.
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AICPA: 32% of Americans unprepared financially for natural disasters
A recent survey from the AICPA found that 32% of Americans have not taken steps to safeguard their finances against natural disasters.
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FinCEN postpones effective date of anti-money-laundering rule
The Financial Crimes Enforcement Network (FinCEN) said Monday, July 21, that it will revisit the scope of an anti-money-laundering rule that affects certain registered investment advisers.
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Survey: 93% of managers face longer hiring processes
In a survey of more than 2,200 U.S. hiring managers, nearly all (93%) said the hiring process takes longer now than it did just two years ago.
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US House passes stablecoin regulatory framework
Already approved by the Senate and on its way to the president for signature, the GENIUS Act will require stablecoin issuers to undergo a monthly examination of disclosures.
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Survey: 39% of US adults received job scam texts
A recent survey of U.S. adults found that 39% of Americans said they’ve received fake job offers via text message this year.