IRS Commissioner Chick Rettig, whose term is ending at the close of this year, unveiled a new five year improvement plan for the Internal Revenue Service. The plan included... 1-…

The wealth management units of Morgan Stanley and Bank of America just posted double digit gains in the 2nd Quarter. This was due to substantial increases in lending.  Most of…

A scaled down version of the original bill that failed last December, is again being pushed in the Senate. The new package which would total around $1T in new spending,…

The Consumer Price Index (CPI) numbers came out this morning and they were bad. Most economists had expected them to come in at 8.8%. When they were reported at 9.1%,…

These markets have been historically strong since the economy reopened last year. But recent data suggests that the tight labor market may finally be loosening. Last week the initial jobless…

One of the things they don't teach in business school is the fact that successful entrepreneuring isn't about one skill, but rather a well-rounded set of skills. The reason why…

The Center For Audit Quality recently did a poll of 700 audit partners from the eight largest firms in the US on the state of the economy over the next…

The JW Marriott Hotel was taken over by its lender, Wells Fargo, with a winning bid of $251M in a bankruptcy auction last Friday. Wells was the only bidder. The…

Illinois' $46B spending package along with its temporary $1.8B in tax decreases begins today. The individual changes include the following. Gas Tax Freeze The planned tax increase to account for…

There are certain companies that thrive in bad economies. If you sell a product or a service that's a low-cost alternative, then you might do even better than normal in…