Author: Editor

Interest rates will remain the same for the calendar quarter beginning Jan. 1, 2026, according to the Internal Revenue Service.For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily. For corporations, the rate for overpayments will be 6%, while the rate will be 7% for underpayments (taxes owed but not fully paid) and 9% for large corporate underpayments.Interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rates are the federal short-term rate plus 3 percentage points. Generally, in the case of a corporation, the underpayment rate is the federal short-term…

Only 26% of employees say they’re truly thriving at work.1 More than a statistic, the figure is a clear warning sign. When work wellbeing declines, stress increases, people leave, and performance suffers.However, the inverse is also true: When organizations prioritize work wellbeing, they unlock higher performance, stronger retention, and greater adaptability to change — including to new technologies like AI.A new report from Indeed reveals insights to help employers understand the impact of work wellbeing on both employees and business outcomes, highlighting the drivers that have the greatest impact on wellbeing at work.Why wellbeing is essential for employees and businessesThe…

President Donald Trump signed an executive order on Friday to exempt a long list of everyday food imports from his higher tariffs.The move comes as the White House faces growing frustration over high grocery bills, piling onto years of elevated inflation and straining household budgets as SNAP benefits remain in the backlog while the government attempts to recover from a shutdown.The exemptions cover a broad swath of products, including coffee, cocoa, bananas, select beef products, as well as fresh produce such as tomatoes, avocados, coconuts, oranges, and pineapples. The list also includes some favorite Christmas spices, such as nutmeg, vanilla…

U.S. President Donald Trump gestures during an announcement from the State Dining Room at the White House in Washington, D.C., U.S., Oct. 23, 2025.Jonathan Ernst | ReutersPresident Donald Trump on Friday exempted key agricultural imports like coffee, cocoa, bananas and certain beef products from his higher tariff rates.The move comes as Trump faces political blowback for high prices at U.S. grocery stores. Some distributors of beef, coffee, chocolate and other common food items have raised prices as Trump’s tariffs took hold this year, adding to pressure on household budgets created by decades-high inflation in recent years.Trump’s action Friday also exempts a range of fruits including tomatoes,…

Could it be the start of a new era for Berkshire Hathaway before Warren Buffett even vacates the CEO chair?The famed investor’s company purchased 17.8 million shares of Alphabet last quarter, a position worth $4.3 billion as of September 30, a regulatory filing revealed on Friday.Alphabet — the parent company of Google, YouTube, Waymo — is a technology titan with a $3.4 trillion market capitalization. The search-and-advertising giant has been one of the “hyperscalers” fueling the stock market’s AI boom; its stock has surged 46% this year.Buffett, 95, has eschewed tech companies for most of his career, preferring to stay…

Walmart logo is seen near the store in Austin, United States on Oct. 23, 2025.Jakub Porzycki | Nurphoto | Getty ImagesWhen incoming Walmart CEO John Furner steps into the retailer’s top role, he will try to follow up a period of dramatic share growth that many of Walmart’s rivals have failed to match.Walmart’s stock has more than quadrupled since outgoing CEO Doug McMillon began in the role in February 2014. Across nine of the 12 calendar years when was Walmart’s leader, the company posted positive stock returns.Among Walmart’s main rivals in the retail and grocery business, only Amazon and Costco…

First came the unexpected tariff bill, then came the surprise late fee.Oregon father Evan Scheessele told Business Insider he ordered a German analog computer kit for his son’s birthday present, only to be hit with a 250% tariff when UPS deemed it to be made entirely of copper and, somehow, entirely of Russian aluminum.The charges meant UPS expected Evan’s son — named as the intended recipient — owed about $1,400 in duties on a parcel worth $550 in order to complete the shipment, according to invoices and shipping updates viewed by Business Insider.Scheessele declined to pay the bill when the…

Jen Trejo holds a photo of her son Christopher as she is comforted outside the Supreme Court on Dec. 4, 2023, in Washington. Stephanie Scarbrough/AP hide caption toggle caption Stephanie Scarbrough/AP NEW YORK — A federal bankruptcy court judge on Friday said he will approve OxyContin-maker Purdue Pharma’s latest deal to settle thousands of lawsuits over the toll of opioids that includes some money for thousands of victims of the epidemic. The deal overseen by U.S. Bankruptcy Judge Sean Lane would require members of the Sackler family who own the company to contribute up to $7 billion over 15 years.…

Accounting ERP provider Sage announced new features for Sage Intacct that includes close automation, finance intelligence, compliance and expense management. Close Automation, currently available for U.S. and U.K. customers, brings together the full suite of intelligent close capabilities – Close Workspace, Close Assistant, Subledger Reconciliation Assistant, and Variance Analysis – in one connected, Sage Copilot-guided experience that provides visibility across teams, tasks, and entities. The Finance Intelligence Agent, available for early access in December for U.S. and U.K. customers, delivers autonomous insights alongside existing Close, Accounts Payable, Time, and Assurance Agents, allowing finance teams to ask questions in natural language…

The Association for Accounting Marketing today announced new board members.The AAM elected five first-term, at-large directors to its 2026 board of directors: Angel Morgan, chief business development officer at Cherry Bekaert; Anne Angera, director of marketing at DunlapSLK PC; Alex Miller, director of operational integration at Lanigan Ryan; Mike Jones, managing partner and CEO at Resound; and Jeshanah Fox, marketing director at Brown Plus. The board of directors is led by president Brunella Reid, partner and chief marketing officer at Moore Colson, with immediate past president Laura Metz, senior growth manager at HCVT and president-elect Gabe Tevrizian, director of growth and…