AI Efficiency Gains Push Accounting Firms to Reimagine Pricing

Top US accounting firms are developing future pricing models for corporate clients as they pour billions of dollars into artificial intelligence tools that stand to slash billable hours with promised leaps in productivity.

First Brands Ex-CFO Pleads Guilty, Turns on James Brothers

Former First Brands Group Chief Financial Officer Stephen Graham pleaded guilty over a massive fraud that drove the auto-parts supply firm into bankruptcy, and he will testify against company founder Patrick James and his brother Edward at their criminal trial.

Wall Street Regulators Advance Crypto, Prediction Market Plans

Wall Street’s main regulators are advancing plans to oversee the crypto industry and surging prediction markets with new measures likely to be laced with longstanding implications for broader financial markets.

Fashion Startup Founder Pleads Guilty in $300 Million Fraud

The founder of fashion-rental and technology company CaaStle Inc. pleaded guilty to vastly inflating revenue figures to defraud investors who poured more than $300 million into her company.

KPMG Partners Nominate Operations Chief to Lead Global Firm

The KPMG partner driving the Big Four firm’s international consolidation plans and AI investments is poised to lead the accounting and consulting giant’s global arm as its next chief executive.

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How Iran War Is Disrupting Global Oil and Gas Supply: QuickTake

Fears of deeper disruption to global oil and natural gas supply are growing as the US and Israel continue to strike Iran, and the Islamic Republic retaliates with missiles and drones across the Middle East. Prices of both commodities have jumped, and a sustained increase could trigger a surge in inflation.

Rival Websites Fuel NY Archdiocese-Chubb Feud Over Abuse Payouts

For nearly three years, the two sides have battered each other with relentless legal filings in a New York court, and their war over who should pay at least hundreds of millions of dollars to sex abuse victims shows few signs of abating. Both accuse the other of an underhanded public relations campaign.

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Betting Markets Shouldn’t Be So Easy to Play: Allison Schrager

A great financial economist once tried to convince me that retail investors should not be allowed to buy individual stocks. I strenuously disagreed: Wasn’t this America, the country that encourages risk-taking? Why shut regular investors out of the chance to get rich?

Rival Websites Fuel NY Archdiocese-Chubb Feud Over Abuse Payouts

For nearly three years, the two sides have battered each other with relentless legal filings in a New York court, and their war over who should pay at least hundreds of millions of dollars to sex abuse victims shows few signs of abating. Both accuse the other of an underhanded public relations campaign.

SEC Ends Case Against Crypto Billionaire Justin Sun (3)

The US Securities and Exchange Commission said it will end its lawsuit against crypto billionaire Justin Sun and a firm affiliated with him will pay $10 million, as the regulator continues to resolve the spate of digital asset enforcement cases brought during the Biden administration.

Why GOP Lawmakers Are Targeting the US Audit Board

SEC Top Accountant Talks Banking Crisis, Audit Worries

'Data Nerd’ Regulator Preps for Digital Auditing Future

How 40 Years of Tax Cuts Have Exacerbated Inequality

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