New research has found that 90 percent of U.S. companies experienced some form of cyber fraud last year. In a new report titled Fraud in the Cyber Era: 2025 Fraud Trends and Insights from global f...
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In the most recent signal that the legal challenge to Eletson Holdings Inc.’s Chapter 11 plan may be running out of options, Reed Smith LLP, Eletson’s former legal counsel, and the bankrupt shippi...
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The U.S. Securities and Exchange Commission (SEC) approved the Intercontinental Exchange’s application for registration as a security-based swap execution facility (SBSEF). What this means is th...
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Legislation introduced Friday would exclude qualified catastrophe mitigation payments from gross income, officials said. The legislation, Disaster Mitigation and Tax Parity Act of 2025, was introd...
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The Consumer Financial Protection Bureau (CFPB) recently ordered Wise, a UK-based electronic money services provider, to pay nearly $2.5 million for a series of illegal actions. Wise’s service al...
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U.S. Sen. Ron Wyden (D-OR) is seeking answers from Treasury Secretary Scott Bessent following a report that personnel associated with Elon Musk sought access to a Treasury Department payment system. ...
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A bipartisan group of senators introduced legislation last week to help small business owners integrate digital tools into their businesses. The Small Business Technological Advancement Act (S.305)...
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U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) released a discussion draft of a bill that seeks to make several changes to procedure and administration at the Internal Revenue Service (IRS). The...
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The average purchasing power of middle-income families increased to 100.9 percent in December, a 1.1 percent increase compared to 2023 and 0.2 percent higher than November, according to Primerica Hous...
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New research from the Investment Company Institute (ICI) has found that Americans highly value their 401ks and other similar retirement accounts. In the report “American Views on Defined Contrib...
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