Author: Editor

New reporting frameworks and regulations around stablecoins are coming thick and fast; in this episode, two experts from the AICPA, Di Krupica and Jeff Trent, discuss the new rules and what they mean for accountants and their clients.Transcript:Dan Hood (00:03):Welcome to On the Air with Accounting Today. I’m editor-in-chief Dan Hood. There’s been a lot of regulatory action around a particular kind of digital asset called stable coins over the past 12 months, which is big dues, whether you know what stable coins are or not. And that has some ramifications for accountants to bear in mind for themselves and…

An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York on March 28, 2024.Shelby Knowles | Bloomberg | Getty ImagesEli Lilly on Monday launched a new form of its blockbuster obesity drug, Zepbound, that offers a month’s worth of doses in a single pen.Cash-paying patients can get the multi-dose device, called KwikPen, on the company’s direct-to-consumer website, LillyDirect. Prices start at $299 per month for the lowest dose level. The pen could serve as a more convenient option for some patients, as it reduces the number of devices they have to use in a month…

2026 Jeep CherokeeMichael Wayland / CNBCLOS ANGELES – Stellantis is counting on the return of the Jeep Cherokee to help lead a U.S. turnaround for the SUV brand and embattled automaker. The Cherokee returns after a three-year hiatus, rejoining the compact and midsize vehicle markets, which represent the largest segments in the U.S. It also marks Jeep’s first traditional hybrid model and its most fuel-efficient, gas-powered vehicle ever in the U.S.”This is a critical vehicle for us,” Richard Cox, Jeep senior vice president of brand operations, told CNBC during a media event for the 2026 Cherokee. “I think this expands…

Sophisticated money managers have long turned to intel from credit-card receipts or satellite images of retailers’ parking lots into an investing edge, but this data is increasingly becoming table stakes.Hedge funds and other money managers spent $2.8 billion on alternative data in 2025, according to a new report from consultancy Neudata, a 17% jump from the year before. It’s more than double what asset managers spent on alternative data in 2021, which includes a wide range of non-traditional information sources.The report projects that the total spend on alternative datasets could jump to more than $23 billion in the consultancy’s bull…

Smoke billows from burning vehicles amid a wave of violence, with torched vehicles and gunmen blocking highways in more than half a dozen states, following a military operation in which a government source said Mexican drug lord Nemesio Oseguera, known as “El Mencho,” was killed, in Puerto Vallarta, Jalisco, Mexico, February 22, 2026, in this screen grab obtained from a social media video.Stringer | ReutersU.S. and Canadian airlines halted flights to Puerto Vallarta and Guadalajara in Mexico after violence broke out in the country in the wake of the Mexican army’s killing of a cartel leader.The U.S. State Department on…

In 2023, my dad called to tell me he’d dropped down to four days a week at work.He’d had a long career as an insurance underwriter, though it didn’t define him. At one point, he even left the profession to become a plasterer for a decade to better balance out his schedule. Still, it served him well enough.”You really are getting old, then,” I joked. Dad laughed — he was only in his 50s.We talked about his retirement and how he planned to wind down gradually over the next few years, before pulling the trigger and paying a full-time job’s…

The head of Netflix has responded publicly for the first time to President Donald Trump’s calls for it to remove Susan Rice from its board.”This is a business deal. It’s not a political deal,” Ted Sarandos, the co-CEO of Netflix, told the BBC’s Today program on Monday, referring to the company’s bid to buy Warner Bros. “This deal is run by the Department of Justice in the US, and regulators throughout Europe and around the world.”In a Saturday Truth Social post, Trump called on Netflix to fire Rice, a former US ambassador and national security advisor in the Obama and…

Call it De-Liberation Day.The Supreme Court blocked a significant chunk of President Donald Trump’s sweeping tariff policy on Friday. But instead of closing the chapter, it’s opened an entirely new book that no one seems to understand.Let’s break it down:Return of the tariffs. Despite the setback, the president isn’t backing down. This weekend, he announced plans to impose a 15% “worldwide” tariff. That’s thanks to Section 122, which allows him to briefly implement tariffs broadly. However, they can only remain in place for up to 150 days. Ultimately, he’ll likely need to work with Congress for something more permanent.The refund…

(L-R) Allison Riggs, chief counsel of voting rights at the Southern Coalition for Social Justice, Kathay Feng, national redistricting director at Common Cause, and Attorney Neal Katyal talk to reporters outside the U.S. Supreme Court after they attended oral arguments in the Moore v. Harper case December 7, 2022 in Washington, DC. Drew Angerer/Getty Images/Getty Images North America hide caption toggle caption Drew Angerer/Getty Images/Getty Images North America Neal Katyal, one of the attorneys who argued on behalf of plaintiffs in the U.S. Supreme Court case against Trump’s tariffs, told Morning Edition that his clients want a refund from the…

A lawsuit primed to expose the grind of junior banking is no longer going to trial this week, but the questions it poses about working life and hours are no less relevant ahead of a likely busy year.Kathryn Shiber settled a lawsuit with boutique bank Centerview Partners on Saturday, two days before jury selection. She said the firm unlawfully fired her in 2020 after granting her accommodations for an underlying mood and anxiety disorder, including her request for eight hours of uninterrupted sleep each night. Court documents suggest that analysts on active deals at Centerview routinely worked between 60 and…