Republicans universally rejected a $3 trillion stimulus measure drafted by House Democrats to bolster the U.S. economy, but the draft plan has the seeds for an eventual, smaller compromise.
The $3 trillion plan doesn't allow advance refundings or reinstate Build America Bonds
As the world grapples with the escalating impact of the pandemic, a stark realization is now sweeping over accounting and finance teams — they’re the ones who have to figure out how countless uncertainties fit into their reporting and GAAP.
As businesses and employers make the sudden shift to agile working from home, how does this change their approach to maintaining their accounts?
The head of the U.S. central bank said its emergency credit programs were not designed to prop businesses up over the long term.
Critics of the Community Reinvestment Act revamp want to freeze the rulemaking process. That would only delay financial help to New York and other hard-hit cities.
While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.
As credit card chargebacks accumulate during the coronavirus crisis from consumers seeking reimbursement for canceled trips and events, PayPal is extending an olive branch to merchants.
Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm’s fraud and financial crimes practice, explain why the coronavirus pandemic and the government response to it have created unique opportunities for fraud.
During stressful times like these, it’s natural to feel like everything around you is broken.