Coronavirus

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Sean McCabe
April 30, 2020 4:08 PM

The CPA Exam testing administrator, joined by NASBA, confirmed the move that will re-open exam testing centers, based on local safety guidelines, on a rolling basis.

1 Min Read
Yvette Shields
April 30, 2020 3:57 PM

S&P revised its outlook on Detroit's speculative grade rating to negative from stable Thursday as COVID-19 clouds the city's fiscal prospects.

4 Min Read
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Bonnie Sinnock
April 30, 2020 3:40 PM

The S&P CoreLogic Case-Shiller home price index hasn't yet reflected the impact of the coronavirus, but an independent market maker has some thoughts on how it might.

1 Min Read
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CAQ
Michael Cohn
April 30, 2020 3:03 PM

The auditing profession is responding to the novel coronavirus pandemic by adjusting how it conducts audits, and that’s evident in the Center for Audit Quality, whose CEO, Julie Bell Lindsay, took over the leadership job when the priorities for the profession and the CAQ looked far different.

9 Min Read
"The sector’s success in this task is a matter of national urgency, and in my view, congressional action to improve regulatory flexibility to respond would only help achieve it," said Fed Vice Chair of Supervision Randal Quarles.
Brendan Pedersen
April 30, 2020 12:44 PM

In separate letters to Congress, the Fed asked for legislative action to ease Tier 1 capital minimums while the FDIC said it may use its own authority to address the market strain on banks.

3 Min Read
Andrew Coen
April 30, 2020 11:42 AM

S&P Global Ratings follows Moody's Investors Service in revising state’s credit outlook downward on revenue losses from COVID-19 pandemic.

3 Min Read
Breaking through walls
Jo Ann Barefoot
April 30, 2020 11:00 AM

It's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.

4 Min Read
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By Noah Buhayar
April 30, 2020 10:51 AM

Just before the coronavirus roiled the economy, wealthy investors piled into funds that take advantage of a popular, two-year-old tax break meant to help poor communities.

1 Min Read
After receiving extensive feedback, the Fed will make the program available to companies with up to 15,000 employees or $5 billion in annual revenue, the agency said Thursday.
April 30, 2020 10:26 AM

The Main Street Lending Program, announced on April 9 as an option to help U.S. businesses weather the coronavirus outbreak, will be available to a wider array of companies than previously planned.

2 Min Read
Paul Burton
April 30, 2020 9:30 AM

The mass transit authority cannot tap the Municipal Liquidity Facility directly, chief financial officer Robert Foran said.

3 Min Read