News Feed

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
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
chain-broken.jpeg
Michael Sha
April 6, 2020 11:07 AM

Few lenders are finding creative ways to provide much-needed financial advice and emergency services online.

4 Min Read
Kate Berry
April 6, 2020 10:37 AM

Ginnie Mae and the FHA provided temporary liquidity relief for mortgage servicers bracing for higher delinquencies, but the industry continues to pressure Treasury and the Fed to provide more comprehensive support.

9 Min Read
IRS building 2
IRS
Jim Buttonow
April 6, 2020 9:11 AM

Even as they still have to deal with tax season, the service is tasked with handling much of the stimulus packages.

1 Min Read
Yvette Shields
April 6, 2020 9:04 AM

S&P Global Ratings moved its outlook on Illinois' BBB-minus to negative from stable on "worsening economic conditions," an action that also impacted sales tax, convention center and sport facilities' bonds.

6 Min Read
Michael Moeser
April 6, 2020 12:01 AM

The potential for fraud fueled by the coronavirus pandemic, coupled with the anticipation of a $2 trillion stimulus, is creating such a lucrative opportunity for scammers that Visa and the Secret Service are predicting a wave of unprecedented levels of fraud.

4 Min Read
Dennis Michel, senior vice president of customer service and engagement at Discover
Miriam Cross
April 5, 2020 9:00 PM

Ally, Discover and USAA have made technological, managerial and policy changes to help their centers' employees cope with the rush of calls from customers hurt by the pandemic.

5 Min Read
The CARES Act includes a direct payment to most taxpayers and their families. (Bloomberg News)
Kimberly Foss
April 5, 2020 10:32 AM

These direct payments are intended to provide direct assistance to American taxpayers who have lost wages, jobs or opportunities because of COVID-19. But there is some fine print.

3 Min Read