Kalshi won a victory in the battle over who gets to oversee fast-growing prediction markets, after a panel of judges told New Jersey state officials that the Commodity Futures Trading Commission regulates the platform.

OpenAI urged the attorneys general of California and Delaware to investigate potential “improper and anti-competitive behavior” by Elon Musk in his efforts to block OpenAI from restructuring as a for-profit company.

A Denver couple who tried to blame each other for scheme to steal millions from defense contractor National Air Cargo using phony invoices lost their appeals Monday to undo their convictions.

An XRP token buyer agreed to drop his a California securities law claim that was keeping alive a seven-year-old lawsuit against Ripple Labs Inc.

After making its name on millennials and meme stocks, the popular brokerage app is riding its Trump bump into the S&P 500 and beyond.

Hackers have breached Jones Day and accessed the files of 10 clients, the law firm said on Monday.

EY is rolling out this week advanced AI to audit teams globally, in its latest bid to bolster checks on corporate accounting and to stay ahead of the fast-developing technology.

Brazil’s government will expand federal tax cuts and subsidies on fuels as it attempts to shield consumers from rising prices due to the war in Iran, broadening measures it had previously unveiled amid the conflict.

The IRS has published a private letter ruling on I.R.C. §362 and Treas. Reg. §301.9100 granting taxpayer and transferee a 75-day extension to enter into a written binding agreement and ...

The IRS has published a private letter ruling on I.R.C. §754 and Treas. Reg. §301.9100 granting a partnership 120 days to make a late election to adjust partnership property basis ...

The IRS has issued a private letter ruling on I.R.C. §§1361 and 1362 confirming an S corporation may continue its status despite inadvertent termination when a trust shareholder failed to ...

The IRS has issued a private letter ruling on I.R.C. §953 granting consent for a foreign insurance company to revoke its domestic corporation election effective January 1, 2025, requiring recognition ...

The Oregon Governor signed a law that creates a corporate excise tax credit for newly chartered banks. The law includes: 1) definitions; 2) clarifying that the tax credit can be ...

The Indiana Tax Court granted partial summary judgment to the taxpayer on the question of whether cell phones qualify for Indiana’s telecommunications equipment sales and use tax exemption, but denied ...

The Minnesota Department of Revenue (DOR) announced updates to Form UT1, Individual Use Tax Return, to incorporate the Individual Cannabis Use Tax beginning in 2025. The DOR advised taxpayers needing ...

The Arizona Department of Revenue (DOR) published its Transaction Privilege and Other Tax Rate Tables effective May 1, 2026. The publication confirms there are no changes to the state transaction ...

The West Virginia Governor signed a law establishing a disaster repair and recovery effort tax credit. The law includes: 1) providing a tax credit against the severance and business privilege ...

The West Virginia Governor signed a law that includes expanding the definition of “disabled veteran taxpayer” to mean a person given an honorable discharge from any branch of the armed ...

EY is rolling out this week advanced AI to audit teams globally, in its latest bid to bolster checks on corporate accounting and to stay ahead of the fast-developing technology.

Goldman Sachs Group Inc. says a reliance on stickier, more patient institutional investors, rather than wealthy individuals, helped its $15.7 billion private credit fund narrowly escape the broader exodus plaguing peers this year.

In the seven and a half years since Apple Inc.’s market capitalization broke through the $1 trillion mark, investors have become accustomed to seeing big tech companies command 13-digit valuations in public markets.

Oil rose as US President Donald Trump signaled that an escalation in strikes on Iran could come as soon as Tuesday, heightening fears that imminent military action will derail tentative progress toward restoring energy flows through the crucial Strait of Hormuz.

The US accounting standard setter Monday announced a new research project related to data infrastructure investments and non-traditional lending, including private credit.

A unit of Telesat Canada has filed two motions in New York federal court seeking to dismiss a lawsuit stemming from a 2025 asset transfer by the satellite company on jurisdictional grounds.