Accounting
Top stories summarized by our editors
4/28/2017

US gross domestic product rose 0.7 percent in the first quarter, the most sluggish rate since the first quarter of 2014. Reasons for the slow growth included stagnant consumer spending, lower levels of investment by businesses and reductions in federal defense spending.

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Reuters, Bloomberg
4/28/2017

Stocks are mixed in early trading today. At 10 a.m. Eastern, the Dow Jones industrial average was down 13 points, the Nasdaq composite was up 6 points, and the Standard & Poor's 500 index was down a fraction of a point.

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MarketWatch, Bloomberg
4/28/2017

A new Defense Cost Accounting Standards Board will be set up as part of the National Defense Authorization Act for Fiscal Year 2017. This article looks at the possible impact of the board and the questions that will have to be resolved.

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National Defense, fiscal year
4/28/2017

Once you have a strategic plan in place, the next step is successful execution. This article offers a series of questions to make sure your organization will excel at carrying out its plans.

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Forbes
4/28/2017

Immigrants who enter the US tax system as nonresidents and successfully maintain that status can often lower their US tax bills. This article discusses those tax-lowering techniques and how to qualify for them.

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The Tax Adviser
4/28/2017

One rule of thumb parents can use to make sure they are on track to save for college is to multiply the age of their children by $2,000, according to Fidelity Investments. This offers a rough estimate of how much money should be saved to afford half the cost of attending a public, in-state university.

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Fidelity Investments
4/28/2017

What do these seemingly disparate things have in common? The number 75, which will remain the magic number for passing the new CPA Exam even as it undergoes a standard-setting process. Learn more about the process and gain a better understanding of how scores are calculated.

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AICPA Insights
4/28/2017

In incognito mode, users can browse the internet more securely. Learn how to launch Chrome’s incognito mode by default in Windows 10.

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Google Chrome, Windows 10
4/28/2017

It may be that the high-yield bond market's seven-year streak is coming to an end, with these funds experiencing $10.5 billion of outflows last month -- the highest level since December 2015, according to EPFR Global. "Valuations in high yield are at or approaching their post-crisis highs," according to a Bank of America note published this week.

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Bloomberg
4/28/2017

Von Moltke was treasurer at Citi and worked at Morgan Stanley and JP Morgan prior to that.

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Bloomberg, Reuters