The Internal Revenue Service Office of Professional Responsibility has issued new guidance on the use of artificial intelligence in federal tax practice. The guidance, OPR Alert 2026-19, is directed to tax practitioners, but its practical impact may reach well beyond traditional tax preparers. Financial advisors, estate planners, attorneys, CPAs, enrolled agents and other professionals who…
The US stock market plunged sharply overnight due to a strong rally in Brent crude, which crossed the 101 mark. Also, a spike in treasury yields and the dollar further dampened sentiments in equities. Amidst this, tech stocks emerged among top losers, with Alphabet and Tesla dropping steeply post quarterly earnings. Nvidia, Meta, Amazon, and…
Voters will have a chance to weigh in on measures to reform New York City’s permitting and procurement systems in November, after Mayor Zohran Mamdani’s charter revision panel approved a slate of new ballot questions. All five proposed charter amendments received the Commission on Government Efficiency’s blessing to appear on the ballot, with the 15-member…
Bonds Not Keen To Catch Falling Knives 2 Hours, 52 Min ago Bonds Not Keen To Catch Falling Knives Oil lurched higher again overnight which kept generalized pressure on the bond market and the Fed rate outlook. The nearness to long-term highs had traders feeling very reluctant to step in and “buy…
WASHINGTON, July 23, 2026 /PRNewswire/ — Lyntris Inc. (“Lyntris”), a defense technology company providing “sense-to-act” connectivity solutions for the modern, connected battlespace, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of shares of its common stock. Certain of Lyntris’s existing…
Grocery chain Albertsons is predicting slightly weaker sales amid more cautious lower-income consumer spending. The company on Thursday (July 23) released earnings showing the company lowering its guidance for the fiscal year, projecting decreases of 1.5% to 0.5%, compared to an earlier forecast of flat sales to a 1% increase. CEO Susan Morris said this is happening…
Annual expenditures on home improvements, maintenance, and repairs are projected to maintain a downward trend until mid-2027, as indicated by the most recent Leading Indicator of Remodeling Activity (LIRA) from the Harvard University Joint Center for Housing Studies (JCHS). It is anticipated that the year-over-year (YoY) increase in renovation and repair expenditures will decelerate to…
Japan June 2026 inflation: Headline jumps to 1.7% y/y (prior 1.5%) !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
The Trump administration on Thursday finalized new double-digit tariffs on dozens of U.S. trading partners as it seeks to reconstitute sweeping duties struck down by the Supreme Court in February. The new duties, which range from 10 to 12.5%, follow a five-month investigation into trading partners’ efforts to root out products made with forced labor…
Matt Hougan, Chief Investment Officer at Bitwise, has shifted focus toward specific investment categories poised to capitalize on the anticipated next wave of cryptocurrency growth. With signs of market stabilization emerging—such as Bitcoin’s recent gains amid broader equity weakness and renewed ETF inflows—Hougan urges investors to look beyond traditional narratives and target areas where blockchain…