Jaap Arriens | NurPhoto | Getty Images Former President Donald Trump on Wednesday is set to announce a lawsuit against Facebook Google and Twitter, as well as their respective CEOs Mark Zuckerberg, Sundar Pichai and Jack Dorsey, sources familiar with the plans told CNBC. Trump, who has a history of threatening legal action but not […]
Archives for 2021
Goldman’s Hatzius sees peers aligning on global growth forecast
Goldman Sachs economists said their optimistic outlook for global growth this year is now increasingly shared by rivals, meaning their forecast is the closest to consensus than at any time since April 2020. The Wall Street bank predicts the world economy will grow 6.6% this year and 4.8% in 2022, compared to the 6.3% and […]
Content for redesigned CPA Exam takes shape
The AICPA released Wednesday a survey seeking feedback on the preliminary content proposed for the redesigned CPA Exam, which would be assessed in three sections that will comprise the Core of the Exam, plus material that would assess candidates’ knowledge in one of three Disciplines they choose under the new CPA Evolution licensure model. Stakeholders […]
The stock market just doubled.
Ben Carlson took a look at the fact that in the fifteen months since mid-March 2020, the S&P 500 has doubled on a total return basis (includes dividends). Ben found that this has never happened before, this fast, after a crash, outside of the 1930’s. In the early 30’s, stocks had fallen ninety-something percent (!) […]
Investing A Roth IRA In Early Stage Growth Companies Without Violating Prohibited Transaction Rules
Executive Summary For entrepreneurially minded individuals, the potential to generate investment returns and wealth creation through the founding and growth of a business is often unrivaled. The caveat, of course, is that rapid growth businesses also face substantial taxation on that growth when they are eventually sold. Accordingly, when such individuals have retirement account assets […]
New-look Pension Playpen is launched
A new-look version of the popular Pension Playpen, a social networking platform for the pensions industry and employers, has gone live today. Industry veteran Steve Goddard and original founder Henry Tapper have joined forces to revamp the site to boost industry collaboration following the pandemic. For the relaunch the site has added insights and views […]
Smart waste management could help USA reach government targets for recycling
According to the USA’s Environmental Protection Agency (EPA), only 30% of waste in America is recycled, despite the fact that 75% of it is actually recyclable. The rest of the waste is either incinerated or put into landfill, says freelance technology writer, Jocelyn Brown, which is having a devastating effect on the environment. The current global waste management […]
New lease accounting standards come with plenty of gotchas – Accounting Today
The recent leasing rules from the Financial Accounting Standards Board and the Governmental Accounting Standards Board are turning out to be harder to follow than many organizations expected. Not only do the new leases standards, FASB’s ASC 842 and GASB’s Statement No. 87, require entities to put operating leases on the balance sheet for the […]
Corporate Profits and Workers’ Wages on Fire
[embedded content] 5:30pm ET LIVE premiere today – Subscribe for the alert! Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Roaring Labor Market – Is this really the sort of “inflation” that […]
Leasing vs. Buying Equipment: What’s the Best Deal for Your Business?
When it comes to running a business, you need to be savvy with your money to succeed. And, part of being financially smart includes making decisions about leasing or buying equipment. But, which is a better choice for your business? Get the rundown on leasing vs. buying equipment, including what to consider when it comes […]