Latest Articles

  • Fraud Surging During Pandemic Era

    By:
    Chris Gaetano
    |
    Sep 14, 2020
    A recent report from the Association of Certified Fraud Examiners says that fraud of all sorts has seen major increases over the past few months, and levels are expected to get even higher in the future.
  • Regulatory Roundup - Sept. 9-14

    By:
    Chris Gaetano
    |
    Sep 14, 2020
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA's regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues.
  • As House Returns to Session, Window Opens for New Aid Deal, But Only a Crack

    By:
    Chris Gaetano
    |
    Sep 14, 2020
    While the House's return to session this week means that theoretically a new pandemic aid deal could be reached, Bloomberg is saying that the chances remain slim, as priority  is being placed instead on the continuing resolution that will keep the government funded.
  • BP Says Peak Oil May Have Arrived, But on the Demand Side, Not Supply

    By:
    Chris Gaetano
    |
    Sep 14, 2020
    Amid the years of worrying that the world will eventually run out of oil, few had considered the possibility that demand for oil would exhaust first, but a recent report from British Petroleum says this might indeed be what's happening, to the point where the petroleum market might never fully recover.
  • Federal Crackdown on PPP Fraud Sweeps Up 57 People So Far

    By:
    Chris Gaetano
    |
    Sep 11, 2020
    The Department of Justice announced Paycheck Protection Program (PPP) fraud charges against 57 individuals, including an NFL player, as part of a wide-ranging crackdown on abuse of the popular program.
  • Poll: Majority of American Job Seekers Want Not Just New Employer But New Career

    By:
    Chris Gaetano
    |
    Sep 11, 2020
    With tens of millions still out of work in the pandemic era, a recent poll has found that 61 percent of Americans looking for a new job are doing so with the hope to change their careers entirely.
  • U.S. Debt at Record Highs, But Interest Rates at Record Lows

    By:
    Chris Gaetano
    |
    Sep 11, 2020
    While the amount of debt that the United States took on to respond to the pandemic is certainly eye-popping, Bloomberg notes that the cost of this debt is actually cheaper than it has been in years, indicating that the country is far from reaching any sort of upper limit on borrowing.
  • DOL Reports 884,000 New Jobless Claims, Same Number as Last Week

    By:
    Chris Gaetano
    |
    Sep 10, 2020
    The U.S. Department of Labor reported that 884,000 new people filed for unemployment insurance last week, the same number that applied in the previous week.
  • IRS Expands Number of Forms Which Can Be Signed Digitally

    By:
    Chris Gaetano
    |
    Sep 10, 2020
    The IRS announced that 16 more forms can now be signed digitally, reflecting an overall turn in the service toward more e-signatures in the wake of the pandemic.
  • CFTC Report Urges Action on Climate Change to Avoid Terrible Consequences for Market

    By:
    Chris Gaetano
    |
    Sep 10, 2020
    The Commodity Futures Trading Commission (CFTC) released a major report on climate change risk to financial markets, which called for more action on the part of regulators to monitor and address these risks.