News: Page 4
Massive fraud charges laid at the door of Audit Firm BF Borgers
The Securities and Exchange Committee (SEC) has laid charges at the door ofAudit Firm BF Borgers CPA PC (BF Borgers) for massive rules violations affecting thousands of filings. The regulatory...
Jobs Report shows positive signs for the U.S. economy and Fed
The U.S. Department of Labor has released its long-awaited Jobs Report. The Federal Reserve had investors on high alert for much of an unknown April as indicators pointed toward a...
President Biden Just Vetoed a Franchise-Saving Resolution — Here's What You Can Do to Protect Your Business
President Biden's veto of the repeal of the expanded Joint Employer Rule leaves many uncertainties for the franchise industry. Here's how to protect your business.
Google layoffs hit hundreds as company outsources work to other countries
Google's decision to lay off hundreds of U.S. employees in favor of cheaper international alternatives and AI is likely to spark further headcount reductions. The company, owned by Alphabet, made...
Stock market banishes Fed rate hike worries
The stock market's display today banished worries that the Federal Reserve would hit Wall St with a rate hike. The governmental body released the FOMC statement and the following implementation...
Interest rates remain unchanged due to a 'lack of progress' on 2% inflation according to Fed
The Federal Reserve, as the authoritative body, has announced that interest rates will remain unchanged due to a "lack of progress" in bringing inflation down. The government body published a...
Binance founder jailed for four months
A Seattle federal judge has held the founder of Binance accountable for his part in an elaborate money laundering scheme. Changpeng Zhao pleaded guilty to the charges held against him...
Tesla and Musk announce more Spring layoffs
Elon Musk's month has gone from bad to worse as Tesla has informed staff that layoffs are imminent. In an all-staff email, first reported by The Information, the electric automotive...
Consumer Confidence in the United States Falls, Reveals Recent Survey
A leading analytics and survey provider has recorded a slump in United States consumer confidence. The Conference Board, a reputable source, has released information showing a decline in its consumer...
World Bank issues a warning oil could hit $100 a barrel mark
The World Bank has stated that oil prices could surge to $100 a barrel due to rising tensions in the Middle East. The news comes as the Israeli government has...
Ireland records $750m in tax revenue amid Brexit windfall reports
The emerald isle has significantly benefited from Brexit, recording over €700m ($750) in tax revenues. With its long-standing reputation as a thriving hub for global tech and digital companies, including...
Regulation Crowdfunding and the State of Angel Investing to be discussed by SEC
The Securities and Exchange Commission (SEC) is set to discuss Regulation Crowdfunding (Reg CF) and the State of Angel Investing. The SEC's Small Business Capital Formation Advisory Committee will host...
xAI owned by Elon Musk close to raising $6 billion
Artificial intelligence (AI) startup xAI, owned by billionaire Elon Musk, is close to reaching $6 billion in investor support. Musk has been outspoken about his aims to win the war...
Southwest Airlines makes big operational changes after 2024 financial report.
Southwest Airlines, one of the leading consumer aviation brands in the United States, has been in the spotlight for a series of operational adjustments, all prompted by the findings of...
Registered funds industry report published by SEC
The Securities and Exchange Commission has published the new Registered Fund Statistics report. The report provides the American public with insight and transparency into the $26 trillion industry of more...