The Latest

The Fed's initiative will allow banks to remove PPP loans from their balance sheets in order to issue more loans to small businesses hurt by the coronavirus.
April 6, 2020 3:05 PM

The central bank is creating a facility to provide financing to banks participating in the Small Business Administration’s Paycheck Protection Program.

1 Min Read
GASB logo at headquarters in Norwalk, Connecticut
Michael Cohn
April 6, 2020 2:50 PM

The Governmental Accounting Standards Board is working on several fronts to offer relief to state and local governments and other stakeholders in the midst of the pandemic, including delaying the effective date of some standards.

2 Min Read
CliftonLarsonAllen building
Ranica Arrowsmith
April 6, 2020 2:06 PM

CLA Intuition 2.0 uses interactive dashboards designed to bring greater financial insight and clarity to navigate change during these unprecedented times.

1 Min Read
Mazars USA LLP
Ranica Arrowsmith
April 6, 2020 1:50 PM

The tool is available for small businesses, CFOs and accounting firms to help them navigate the program, which can be complex, and increase the speed of the application process.

1 Min Read
BarclaysBL
PSO content
April 6, 2020 1:49 PM

As governments rush to provide financial lifelines to small and midsize enterprises, fintechs such as Crowdz offering automated B2B lending, credit scoring and invoicing platforms are playing a new role.

5 Min Read
Andrew Coen
April 6, 2020 1:25 PM

With Atlantic City casinos closed, Fitch Ratings revised the outlook to negative from stable on Casino Reinvestment Development Authority bonds.

2 Min Read
Tax forms
Edward Mendlowitz
April 6, 2020 1:16 PM

Keeping in touch with clients is very important, especially during this period of isolation. Here is a way to provide updates to clients regarding their tax returns and to keep in touch generally.

3 Min Read
branson-richard-virgin-galactic.jpg
By Ben Stupples
April 6, 2020 12:38 PM

Richard Branson moved assets from the U.S. to the British Virgin Islands, highlighting his use of tax havens at a time one of his businesses sought a state bailout because of the coronavirus pandemic.

2 Min Read
Berenberg Capital Markets Chief Economist for the U.S. Americas and Asia Mickey Levy
Gary Siegel
April 6, 2020 12:01 PM

While some economists expect a V-shaped recovery, others say it will not be as sharp as the decline, and it could be years before output rises to pre-coronavirus levels.

4 Min Read
A table set for dining sits aboard a Bombardier Inc. Global 6000 business jet at the Singapore Airshow held at the Changi Exhibition Centre in Singapore.
By Katherine Chiglinsky and Tom Metcalf
April 6, 2020 11:50 AM

The U.S. government’s $2.2 trillion stimulus package comes with a perk for high fliers: Flights are getting cheaper for some private-jet customers.

1 Min Read