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Latest Articles

U.S. Secret Service Estimates $100 Billion Lost to Pandemic Aid Fraud

By:

Chris Gaetano
|
Dec 22, 2021

The U.S. Secret Service, which is housed in the Treasury Department and counts financial crimes as part of its mission in addition to protecting the president, estimates that fraudsters have stolen over $100 billion worth of COVID-19 aid over the course of the pandemic.
Utility Aid Program Set to End, but No One Has Gotten Paid

By:

Chris Gaetano
|
Dec 21, 2021

A statewide moratorium on utility shutoffs is scheduled to end today, but the program that was meant to help renters with their bills has yet to distribute any funds to them.
Study: Founders Effective as CEOs for First Three Years After Going Public But Become Liabilities Afterward

By:

Chris Gaetano
|
Dec 21, 2021

A recent study has concluded that founders age more like milk than wine: quite good at the start, but eventually they start to stink.
Appeals Court Allows Federal Vaccine Mandate to Proceed

By:

Chris Gaetano
|
Dec 20, 2021

A U.S. Court of Appeals has agreed to let the federal vaccine mandate, which had previously been stayed by another court, go into effect.
Sen. Manchin Says He Won't Support Biden Bill; White House and Majority Leader Scramble to Pass Agenda

By:

Chris Gaetano
|
Dec 20, 2021

Senator Joe Manchin (D-W.Va), despite months of negotiations with the White House, said on Sunday that he cannot support the Build Back Better agenda, leaving up in the air plans to pass the massive social spending and climate change package, which had already been tabled until the new year,
Citing Ongoing Negotiations, Biden Says End-of-Year Deadline for Build Back Better Act Won't Be Reached

By:

Chris Gaetano
|
Dec 17, 2021

President Joe Biden said that, despite earlier plans otherwise, the now-$1.7 trillion Build Back Better Act will not be passed before the end of this year.
PCAOB Says Chinese Govt. Won't Let Them Inspect Firms, Paving Way for Sanctions

By:

Chris Gaetano
|
Dec 17, 2021

The Public Company Accounting Oversight Board (PCAOB) has used its recently-approved framework for implementing the Holding Foreign Companies Accountable Act (HFCAA) to determine that they are unable to perform inspections of public company auditors based in both mainland China and Hong Kong, a decision that opens the door to possible sanctions on Chinese firms.
FASB Releases Major Update to Research Agenda

By:

Chris Gaetano
|
Dec 16, 2021

The Financial Accounting Standards Board (FASB), after broad stakeholder feedback about the future standard-setting agenda of the board, released a major update to its research agenda that will inform its priorities going forward.
Commerce Dept. Sanctions 40 Entities, Mostly in China, Over National Security Concerns

By:

Chris Gaetano
|
Dec 16, 2021

The U.S. Department of Commerce has issued sanctions against 40 entities, mostly from China. The sanctions against Chinese entities are based on what Commerce said were ongoing threats to U.S. national security and foreign policy presented by the People’s Republic of China (PRC)’s efforts to develop and deploy biotechnology and other technologies for military applications. They were also based on human rights abuses.
NYC Council Poised to Pass Bill Requiring Salary Range on Job Ads

By:

Chris Gaetano
|
Dec 15, 2021

The New York City Council is expected to pass a bill that would require all job ads to list the minimum and maximum compensation allotted for the position.

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Latest Articles

U.S. Secret Service Estimates $100 Billion Lost to Pandemic Aid Fraud

Utility Aid Program Set to End, but No One Has Gotten Paid

Study: Founders Effective as CEOs for First Three Years After Going Public But Become Liabilities Afterward

Appeals Court Allows Federal Vaccine Mandate to Proceed

Sen. Manchin Says He Won't Support Biden Bill; White House and Majority Leader Scramble to Pass Agenda

Citing Ongoing Negotiations, Biden Says End-of-Year Deadline for Build Back Better Act Won't Be Reached

PCAOB Says Chinese Govt. Won't Let Them Inspect Firms, Paving Way for Sanctions

FASB Releases Major Update to Research Agenda

Commerce Dept. Sanctions 40 Entities, Mostly in China, Over National Security Concerns

NYC Council Poised to Pass Bill Requiring Salary Range on Job Ads

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