IBM CEO Arvind Krishna attends a Rose Garden Club event on the Rose Garden of the White House in Washington on July 6, 2026. Mandel Ngan | Afp | Getty Images IBM lowered its 2026 forecast and delivered weaker earnings than analysts had projected on Wednesday, even after the company issued an earnings warning last…
The International Auditing and Assurance Standards Board proposed a set of revisions to the International Standard on Auditing for Audits of Financial Statements of Less Complex Entities and is asking for public comments. Processing Content The proposed revisions update the ISA for LCE to address various developments related to fraud and going concern, while ensuring…
I’ve said it a million times, and I’ll say it again — large fixtures of lighting just don’t set a vibe the way pretty little lamps do. It feels so much more casually tasteful, and the latest find to corroborate this contemporary design principle is this Marmor Marble Table Lamp from Amazon. It’s one of…
John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, said he believes the precious metal is only in the early stages of a long-term rally. “I do think we’re in the beginnings or the early stages of a long-term bull market for gold,” Paulson…
Southwest Airlines Boeing 737 airplanes park at Hobby Airport during an afternoon rainstorm on May 27, 2026 in Houston, Texas. Kevin Carter | Getty Images News | Getty Images Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab,…
Refinancing to a lower rate isn’t an option for many homeowners, who now face “financially unsustainable” mortgage payments.
When leaders talk about growth for an accounting firm, that could mean a number of different things. Asked to share their growth strategies for the year ahead, senior executives from Accounting Today‘s 2026 Regional Leaders had a great deal to say. Firms were all across the board, ranging from aggressive dealmaking activity and homing in…
Big Four firm KPMG announced a strategic alliance with OpenAI, the company behind ChatGPT, to develop and deploy AI solutions that reflect a new vision for enterprise software in the modern era for both staff and customers, beginning with joint development of a supply chain and fulfillment solutions platform. Processing Content The two companies will…
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Wednesday’s trading session was one to forget for Metropolitan Bank (MCB -8.82%) investors. The New York-based lender took the wraps off its second-quarter results and, since they fell short of expectations, market players sold out of its stock. The shares closed the day down by almost 9%. Not quite good enough For the quarter, Metropolitan’s…