8 ways corporate tax leaders can integrate AI into their departments

8 ways corporate tax leaders can integrate AI into their departments

The Future of Professional Report highlights the significant impact of Generative AI (GenAI) on business strategies, with 94% of C-suite executives believing it will substantially alter their plans. Corporate tax leaders must embrace and integrate GenAI to succeed in the rapidly evolving digital landscape. However, effective integration requires careful planning and preparation. To leverage this … Read more

New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan

New parents could get $6,000 for the first year of their child's life and a restored child tax credit under Kamala Harris' economic plan

Economy New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan Ayelet Sheffey and Juliana Kaplan 2024-08-16T14:33:04Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send … Read more

Opinion Is Kamalanomics a winning strategy?

You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more

Harris vows to build ‘opportunity economy’ and attacks Trump on tax

Harris vows to build ‘opportunity economy’ and attacks Trump on tax

Vice-president and Democratic presidential candidate Kamala Harris unveiled her economic campaign proposal in North Carolina to build what she called an “opportunity economy” focused on the middle class.She said in Raleigh: “Your salary should be enough to provide you and your family with a good quality of life … such as, no child should have … Read more

4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

Michael Brochstein/ZUMA Press Wire / SplashNews.com / Michael Brochstein/ZUMA Press Wire / SplashNews.com Because of her late start in the 2024 presidential campaign, vice president and presumptive Democratic nominee Kamala Harris has not had much time to roll out an economic platform. She was expected to do so this week, though what she unveils might … Read more

Fed needs , ‘supersized’ 50bps rate cut in Sept or risk recession

Fed needs , ‘supersized’ 50bps rate cut in Sept or risk recession

The Federal Reserve must go big with a supersized 50 basis point interest rate cut in September to get ahead of a looming economic storm, warns the CEO of a leading independent financial advisory and fintech. The warning from deVere Group’s Nigel Green comes as consumer prices in the US inched up modestly last month, adding fuel … Read more

The Tax Cut and Jobs Act is set to expire next year. What that means for Coloradans.

The Tax Cut and Jobs Act is set to expire next year. What that means for Coloradans.

How the Tax Cut and Jobs Act expiration will impact Coloradans How the Tax Cut and Jobs Act expiration will impact Coloradans 02:11 Campaign season is in full swing, and as American voters elect a new president in November, there are inevitable changes coming to our taxes.Robert Persichitte, CFP, PFA, affiliate professor for MSU Denver … Read more

Oregon residents will vote in November on a $1,600 annual universal basic income

Oregon residents will vote in November on a $1,600 annual universal basic income

Economy Oregon residents will vote in November on a $1,600 annual universal basic income Katie Balevic 2024-08-16T15:29:34Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter … Read more

Dollar declines on firm Fed rate cut in September

Dollar declines on firm Fed rate cut in September

The EURUSD pair rebound to near the psychological resistance of 1.1000 in Friday’s New York session. The major currency pair bounced back as the US Dollar declined with investors gaining confidence that the Federal Reserve will start reducing interest rates from the September meeting. The DXY Dollar Index, which tracks the greenback’s value against six … Read more

Are we out of the woods?

Are we out of the woods?

By Naeem Aslam As traders and investors pay close attention to the two most important economic events that have unfolded, stock futures in the US and Europe are sitting on solid gains, aiming to finish the week in positive territory. It’s not overstated to suggest that traders have shifted their perspective on the economic situation, … Read more