Two Public Company Accounting Oversight Board (PCAOB) proposals to update audit standards regarding general responsibilities of the auditor and use of technology-assisted analysis in conducting an aud...
Read More
The Securities and Exchange Commission settled charges against New York-based Equiniti Trust Co. for failing to assure that client securities and funds were protected against theft or misuse. Thos...
Read More
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net profit in the second quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Mortgage B...
Read More
Wells Fargo & Company today said it entered into a definitive agreement to sell the non-agency third-party servicing segment of its commercial mortgage servicing business to Trimont, an Atlanta-he...
Read More
The Securities and Exchange Commission (SEC) has charged investor Carl Icahn and his company, Icahn Enterprises (IEP), over disclosure violations. The SEC alleges that Icahn and the company failed ...
Read More
North Carolina will be the latest state to join IRS Direct File for Filing Season 2025, the Internal Revenue Service (IRS) and U.S Treasury announced. After a successful Pilot Program in 12 states ...
Read More
U.S. Rep. Patrick McHenry (R-NC) has reached out to the Consumer Financial Protection Bureau (CFPB) over a proposed rule that would restrict the inclusion of medical debt in credit reports and scores....
Read More
Supermarket chain Kroger plans to decrease grocery prices by $1 billion if its proposed $25 billion merger with smaller rival Albertsons is completed, according to news reports. Kroger previously s...
Read More
As more Americans expect to work past age 70 or hold off on retirement altogether, changes are being proposed on Capitol Hill to increase the age cap for the earned-income tax credit (EITC), which cur...
Read More
Speaking recently before an audience of researchers and economists, Patrick Harker, CEO of the Federal Reserve Bank of Philadelphia cited the importance of using historical data to understand today’...
Read More