Author: Editor

Student-loan borrowers might not lose a key affordable repayment plan just yet.On Friday, a court dismissed a proposed settlement announced by the Department of Education and the state of Missouri in December that would have eliminated the SAVE income-driven repayment plan ahead of schedule.President Donald Trump’s “big beautiful” spending legislation called for phasing out SAVE by 2028. This latest update means that the department has to stick with that timeline, and it cannot eliminate the plan before 2028 without court approval or a lengthy negotiated rulemaking process.John Ross, Missouri’s district court judge, wrote in his ruling that the settlement was…

For JPMorgan employees, taking your work home just got a lot more literal.Employees who got on an internal waitlist can purchase a $150 LEGO-style replica of the bank’s new, $3 billion headquarters at 270 Park Avenue, according to screenshots of waitlist instructions reviewed by Business Insider. A source familiar with the product said the replica sets at the headquarters’ internal gift shop sold out quickly when the building first opened. Representatives for JPMorgan declined to comment.The bank has been a leader in Wall Street’s return-to-office push, and the new building has cemented its commitment to in-person work in the country’s…

The Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty ImagesA day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies’ regulatory path forward.The WBD board said on Thursday that Paramount’s revised $31-per-share offer was superior to an existing bid from Netflix, prompting the streamer to announce that it was walking away from the deal entirely and clearing the way for Paramount. Paramount’s raised offer — up from $30 per share — was the…

Updated 2026-02-27T18:14:11.648Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Jack Dorsey became a billionaire after founding Twitter in 2006. He stepped down as Twitter CEO in 2021 and supported Elon Musk’s takeover of the company. Dorsey now runs the financial services company Block and is famous for his unusual life of luxury. From attending the Super Bowl with Jay-Z…

Born and raised in Orange County, I never considered leaving California until I got married.We wanted to buy a house and start a family, but generally, the ones we could afford were fixer-uppers in neighborhoods we didn’t love.So, we began looking at other states where we had family. My husband, who moved from Michigan to Los Angeles in middle school, swore he would never go back — and I couldn’t identify Michigan on a map or tell you one fact about it.We didn’t want to be beholden to a big mortgage, though, and in Michigan, we could purchase an affordable…

The American Institute of CPAs’ Auditing Standards Board proposed a set of updates to its attestation standards regarding sustainability and other emerging assurance issues. Processing ContentThe AICPA proposed a Statement on Standards for Attestation Engagements, which propose two subject-matter specific sections: Proposed AT-C section 325, Reporting on an Examination of Sustainability Information, and Proposed AT-C section 330, Reporting on a Review of Sustainability Information. The exposure draft also proposes to replace the certain SSAEs to address the evolving profession. The AICPA announced earlier this month that it would be proposing the changes. The SSAE would become effective on or after June…

The two leaders of the Senate Financial Committee — chairman Mike Crapo, R-Idaho, and ranking member Ron Wyden, D-Oregon — introduced a bipartisan legislative package containing a set of changes to Internal Revenue Service procedures and administration, as well as setting standards and penalties for paid tax preparers.Processing ContentThe bill, known as the Taxpayer Assistance and Service Act, combines legislative proposals recommended by the National Taxpayer Advocate with standalone tax administration bills introduced by congressional members designed to improve communication between the IRS and taxpayers, streamline processes for tax compliance and ensure taxpayers have access to timely expert assistance, among…

As tax season gears up, preparers are helping clients navigate new laws, dealing with capacity constraints, and generally seeing more, and earlier, interest from taxpayers.Processing ContentFor Sandra Johnson, CEO of Bellmore, New York-based Johnson CPA, this season is comparable to eight years ago.”With the TCJA, I remember it was as bad as this then, not as much as past years,” she recalled, attributing the aggravation to new laws and a delay in getting instruction via the firm’s software. “It’s frustrating that the instruction forms, we can’t access through the software, they are not done yet,” she explained. “We find clients take…

It’s always telling what the social currency of any large industry gathering is.This week’s hedge fund confab in Miami’s posh South Beach stretch drew thousands of fund founders, institutional investors, lawyers, marketers, data providers, and more.In recent years, as Miami, Palm Beach, and other South Florida hot spots have gained traction among the wealthiest New Yorkers and Californians, attendees might boast about looking at properties while in town as they weighed moving. This year, conference-goers traded pictures and videos of the US men’s hockey party at the local club E11even on Monday night.The team flew in from the host country…

When the Supreme Court struck down a major pillar of President Donald Trump’s tariff policy last week, “there were no big fireworks that went off” at Stew Leonard’s, the New York-based grocery chain’s CEO, Stew Leonard Jr., told Business Insider.The retailer relies on international vendors for products such as New Zealand lamb and European wines and cheeses, and it has raised prices on items that were affected over the last year, citing import costs, Leonard said.While eliminating tariffs entirely would have provided some relief for low-margin businesses like Leonard’s, Trump immediately vowed to impose similar costs under a different legal framework.By late…