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Latest News & Web Pages
Which company will the U. S. government take a stake in next? Here's what traders think
3+ hour, 21+ min ago (317+ words) Quantum stocks jumped this week on news that the U. S. government was taking equity stakes in nine companies, including IBM, as President Donald Trump's administration continues to acquire shares of private sector companies." So where might the government take its shopping…...
Despite murky legal landscape, companies are undeterred in their prediction market investments
3+ hour, 36+ min ago (371+ words) States and the federal government may be battling over who has the power to regulate prediction markets, but the companies building them are chugging along as the platforms continue to experience huge growth. The Commodity Futures Trading Commission and six…...
Surge in 'risk-free' treasury yields sends bond investors in search of better opportunities
3+ hour, 32+ min ago (309+ words) U. S. treasury bonds typically occupy a special place in an investor's portfolio " the asset class against which all other market risk is measured. But a surge in long-dated yields is forcing investors to rethink this assumption. The shift in bond market…...
Tax Fraud Blotter: Not so great
11+ hour, 56+ min ago (1135+ words) Atlantic Highlands, New Jersey: Joseph Manzi, the former director of finance, operations and development for the Church of Saint Leo the Great in Lincroft, New Jersey, has pleaded guilty to embezzling more than $1 million from the church after using the…...
Platform adds Mass. firm
18+ hour, 4+ min ago (296+ words) Platform Accounting Group acquired Burke & Associates CPAs under the new name Shoreline Advisors, expanding the Top 50 Firm's presence in Massachusetts. The firm services small and mid-sized businesses across architecture, design, real estate, technology and more. It adds offices in Boston,…...
Miner Perpetua Resources secures $2. 9 billion U. S. loan for Idaho gold, antimony project
22+ hour, 42+ min ago (250+ words) Mining company Perpetua Resources has secured a $2. 9 billion loan from the U. S. Export-Import Bank, CNBC has learned. The deal comes as the U. S. looks to secure access to critical minerals and break China's stronghold on essential supply chains. Perpetua shares rose more…...
Prediction markets are fueling a high-stakes brawl between states and federal regulators
23+ hour, 40+ min ago (843+ words) As prediction markets' volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop them and assert their regulatory authority." Sixteen states are involved in…...
Space X, Open AI valuations would mean they leapfrog Berkshire Hathaway on first day of trading
1+ day, 24+ min ago (399+ words) A slew of tech mega-IPOs are ahead and they're set to push Warren Buffett aside on their first day of trading. Space X on Wednesday officially filed to go public on the Nasdaq. On the same day, reports circulated that…...
AICPA elects Jan Lewis as chair
21+ hour, 21+ min ago (370+ words) Jan Lewis, a tax partner at BMSS Advisors in Ridgeland, Mississippi, has been elected as the new chair of the American Institute of CPAs and the Association of International Certified Professional Accountants, which combines the AICPA and the Chartered Institute…...
Why automation doesn't fix broken finance processes
22+ hour, 48+ min ago (1042+ words) Every finance leader today is being sold the same future: automation will simplify operations, reduce costs and accelerate decision-making." In practice, that outcome is far less consistent. Organizations are investing heavily, yet many are not seeing the expected returns. The…...