Ransomware: Protecting your business against evolving risks
Ransomware attacks are increasing and threatening organizations of all sizes. The RSM cybersecurity report reveals new ransomware data.
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Ransomware-as-a-service: A new business model for cybercriminals
Ransomware-as-a-Service (RaaS) is a new business model for cybercriminals, making cyberattacks easier than ever.
Manufacturing sector grew steadily in May
The manufacturing sector expanded at the slightly faster rate in May as demand remained strong.
Top 5 fintech trends to watch?—now, and in the future
The fintech movement is driving a rapid evolution within financial services, resulting in a new infrastructure and platform for the industry's next generation.
Income tax, charity and estate planning strategies for digital assets
Considering the income tax, charity and estate planning implications of digital assets, such as crypto, can minimize tax burden, comply with evolving regulations and pursue personal wealth goals.
An update on the tax policy landscape against inflation backdrop
The tax policy landscape in Washington remains unsettled as we approach the summer months, while inflation remains the dominant economic issue. Within the context, we look at what's currently on the legislative agenda for Congress.
Personal spending and trade improved in April as inflation eased
American consumers continued to spend more in April as inflation showed signs of relief. The combination of higher incomes, excess savings and lower energy prices helped to alleviate some of the recent recession concerns.
Consider revisiting the Texas franchise tax during inflation
With the highest inflation rate in decades, and without a foreseeable end, businesses should re-examine the franchise tax calculation.
Initial jobless claims show signs of bottoming out
New filings for jobless benefits last week inched down to 210,000 as a tight labor market kept layoffs below pre-pandemic levels.
GASB issues omnibus statement
The Governmental Accounting Standards Board has issued an omnibus statement addressing a wide range of practice issues.
New home sales fell 16.6% in April to lowest level since pandemic began
New home sales plummeted in April to their lowest since the onset of the pandemic amid a steep rise in mortgage rates and elevated prices.
The U.S. may see another supply whipsaw amid transport logjams
The months-long lockdown in Shanghai, China’s most populous city and home to the world’s largest container port, is causing a pile-up of ships at anchor off the…
Chart of the day: U.S. existing home sales fall again as rates rise
Sales of existing homes fell for the third straight month as the housing market continued to cool off amid steep mortgage-rate increases.
Supply chain disruptions, rising inflation and the middle market
American middle market businesses are girding for the continued challenges of supply chain disruptions, rising inflation and worker shortages.
Initial jobless claims rise to 16-week high
Initial filings for jobless benefits last week reached 218,000—the average level in 2019—from a downwardly revised 197,000 in the prior week.
Chart of the day: U.S. housing starts fall amid rising mortgage rates
Housing starts fell by 0.2% on the month to 1.724 million annualized, according to the U.S. Census Bureau.