Treasury: Page 2

  • A stack of $20 U.S. bills lay on top of a scattering of more $20 bills.
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    Inflation expected to surge to 7.3% in a year, fueled by tariff worry

    Consumer sentiment has slumped this year even as recent “hard data” reveal stable prices and robust hiring.

    By • May 16, 2025
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    Courtesy of FASB
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    FASB clarifies rules for warrants, share-based payments

    The GAAP update will affect how companies account for share-based financial instruments such as warrants that they grant to customers as a kind of rebate to incentivize purchases. 

    By • May 16, 2025
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    Marko Nikolic via Getty Images
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    Opinion

    Why spreadsheets aren’t going away anytime soon

    Spreadsheets are not just a tool of the past; they will be a vital component of the future of finance, Gartner’s Mike Helsel writes.

    By Mike Helsel • May 16, 2025
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    Joe Raedle via Getty Images
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    House committee advances bill with ‘big three’ business tax relief

    The bill advanced Wednesday by the House Ways and Means Committee would extend some business-friendly tax cuts from President Donald Trump’s first term.  

    By • May 14, 2025
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    Gordan1 via Getty Images
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    Inflation slows more than forecast as tariff retreat eases price pressure

    Even after recent tariff reductions, U.S. consumers face an effective tariff rate of 17.8%, the highest level since 1934, the Yale Budget Lab said.

    By • May 13, 2025
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    Laurence Dutton via Getty Images
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    AI is stirring mixed feelings among CFOs, survey finds

    The research highlights a “trust gap between the untested promise of AI and the wariness of security and privacy risks,” finance software company Kyriba said.

    By • May 13, 2025
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    House committee set to vote on budget legislation extending tax cuts

    The bill under consideration by the House Ways and Means Committee lays the foundation for much of President Donald Trump’s agenda.

    By • May 12, 2025
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    Courtesy of Prologis
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    Prologis CFO details a $6B credit line strategy for turbulent times

    The industrial real estate company’s finance chief says multiple credit lines both shield the balance sheet from market disruptions and enable the REIT to seize on opportunities.

    By • May 12, 2025
  • Treasury Secretary Scott Bessent appears before the House Financial Services Committee on May 7, 2025, in Washington, D.C.
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    Pete Marovich via Getty Images
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    US, China agree to reduce tariff rates for 90 days

    By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

    By Philip Neuffer • May 12, 2025
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    Justin Sullivan via Getty Images
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    Jobless claims fell in early May despite ramp up of tariffs

    Consumer expectations for earnings growth and the availability of jobs in a year declined in April, the Federal Reserve Bank of New York said.

    By • May 8, 2025
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    Jack Taylor via Getty Images
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    PwC cuts 2% of US workforce, citing ‘historically low’ attrition

    This week the Big Four firm shed 1,500 workers in its assurance and tax units — including accountants — layoffs that aren’t tied to AI, PwC said.

    By • May 8, 2025
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    Fed warns of rising inflation, unemployment risks; holds rates steady

    “Uncertainty about the economic impact has increased further,” policymakers said in a statement after a two-day meeting.

    By • Updated May 7, 2025
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    Anna Moneymaker / Staff via Getty Images
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    US service industry gains strength despite global trade war

    A gauge of prices last month rose to the highest level since early 2023, the Institute for Supply Management found in its survey of the service sector.

    By • May 5, 2025
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    Justin Sullivan / Staff via Getty Images
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    Tariffs trigger pauses on some retail, industrial real estate deals

    It’s too soon to know exactly how tariffs will impact commercial real estate. But some cracks are emerging in the U.S. retail and industrial sectors, CBRE’s Whitley Collins says.

    By • May 5, 2025
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    Provided by Nissan Motor Co. 

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    US hiring exceeds forecasts despite start of tariff barrage

    Trump administration shifts in trade and other policies blur the outlook for future employment, according to economists at several organizations.

    By • May 2, 2025
  • Congresswoman Maxine Waters speaks in front of a microphone in a Congressional session.
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    Zach Gibson via Getty Images
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    House committee votes to scuttle PCAOB, make SEC auditor watchdog

    Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.

    By • May 1, 2025
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    Sayed Hassan via Getty Images
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    Economy shrank during Q1 on pre-tariff jump in imports

    Companies scrambled to boost their stock of foreign-made goods before President Donald Trump on April 2 announced sweeping import duties.

    By • April 30, 2025
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    Tariff turmoil could open door for vendor fraud, experts say

    The situation is reminiscent of the COVID-19 pandemic, which triggered “urgent vendor sourcing and payment pressures for companies,” a treasury expert said.

    By • April 29, 2025
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    Cara Salpini/CFO Dive
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    Consumer expectations plunge at fastest pace since 1990 recession

    “Some measures of expectations on both the business and consumer fronts look outright recessionary,” Goldman Sachs Chief Economist Jan Hatzius said.

    By • April 25, 2025
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    Courtesy of Arizona Builders Alliance
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    Jobless claims edged up, showing labor market steady as tariffs bite

    Disruptions from Trump’s import duties will probably roil the job market in coming weeks, according to economists.

    By • April 24, 2025
  • Scott Bessent testifies before the Senate Finance Committee.
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    Chip Somodevilla via Getty Images
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    Bessent sees ‘big deal’ possible with China, Trump’s top tariff target

    Washington since 2006 has urged Beijing to narrow the bilateral trade gap by spurring domestic consumption.

    By • April 23, 2025
  • Jerome Powell, Federal Reserve chair, speaks from a podium
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    Federal Reserve. (2019). [Photograph]. Retrieved from Wikimedia Commons.
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    Trump renews attack on Powell in call for rate cut; borrowing costs rise

    Since Trump took office in January, Powell has repeatedly said that an effort by Trump to remove him would contradict the law.

    By • April 21, 2025
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    Zach Gibson via Getty Images
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    IRS acting head’s ouster adds to agency’s ‘chaotic’ shake-up

    The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be seen later, according to a Tax Foundation policy analyst.

    By • April 21, 2025
  • A ballpoint pen sits with its tip on a check.
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    Paper check use surged last year, AFP says

    Use of paper checks by U.S. businesses jumped last year, according to an annual survey by the Association for Financial Professionals, which struggled to explain the results.

    By Lynne Marek • April 21, 2025
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    Trade war puts US on ‘precipice’ of recession: Moody’s chief economist

    The U.S. economy will likely begin to shrink “unless policy takes a very sharp turn here pretty quickly,” Moody’s Chief Economist Mark Zandi said.

    By • April 17, 2025