Lululemon Athletica Inc. slashed its outlook, disappointing investors for a third straight quarter as it struggles to meet high expectations and balance tariff expenses in a difficult consumer environment.

Wall Street traders gearing up for Friday’s jobs report got a trio of data that reinforced the view of a cooling labor market, keeping bets on Federal Reserve rate cuts alive while driving stocks and bonds higher.

Pointsville, a Pittsburgh-based company that helps businesses manage digital assets and loyalty programs, raised $10 million in capital to speed up growth in Central and South America. The deal valued Pointsville at $84 million.

Figma Inc. shares tumbled to their lowest price since the design software company’s first day of public trading July 31 after it gave an annual revenue outlook that failed to impress investors.

Payments giant Stripe Inc. and crypto investment firm Paradigm are incubating a new blockchain designed for stablecoin payments.

Scale AI Inc. sued rival data-labeling startup Mercor, accusing the firm and a former Scale employee of stealing trade secrets to attract new business.

President Donald Trump signed an executive order Thursday implementing his trade agreement with Japan, with a maximum 15% tariff on most of its products, including automobiles and parts.

Wall Street traders gearing up for Friday’s jobs report got a trio of data that reinforced the view of a cooling labor market, keeping bets on Federal Reserve rate cuts alive while driving stocks and bonds higher.

The U.S. Tax Court correctly determined the amount of Taxpayer’s overvaluation of a conservation easement based on expert testimony and market analysis determination, held the U.S. Court of Appeals for ...

The IRS has published a private letter ruling on I.R.C. §§507, 4940, 4941, 4944, and 4945 determining that an I.R.C. §501(c)(3) Foundation, classified as a private foundation, proposing to transfer ...

The IRS has issued a private letter ruling on Section 430(h)(3)(C) allowing taxpayer to use substitute mortality tables. The approval to use substitute mortality tables applies to male annuitants, female ...

The IRS issued a revenue procedure providing instructions to taxpayers on how to make various elections, file amended returns, or change accounting methods for research or experimental expenditures as provided ...

A worker who alleged he was deprived of emergency unemployment benefits during the Covid-19 pandemic without due process has a constitutionally-protected property interest in receiving the benefits, the Ninth Circuit said Thursday in a reversal.

CVS Caremark is facing multiple federal lawsuits by patients challenging its decision to remove weight-loss drug Zepbound from its list of preferred medications after signing a rebate agreement with Wegovy maker Novo Nordisk A/S.

Family Dollar Stores Inc. and a subsidiary must defend at trial claims that a director was investigated and fired in retaliation for threatening to report a supervisor and other workers for mocking his age and weight.

The IRS division that audits the biggest multinational companies and wealthy individuals is losing another veteran leader.

The Trump administration plans to shutter nine IRS taxpayer assistance centers just months ahead of the start of filing season, angering at least one Republican lawmaker whose district is targeted.

Life Time workers secured a federal judge’s initial approval for a $1.25 million class-wide deal to end their wage-and-hour dispute with the chain of athletic clubs.

The Tax Foundation’s Alan Cole says the G7 agreement on the global minimum tax may improve Pillar Two, and that signatories should be able to work harmoniously with the US to accomplish their goals.

KPMG’s Christian Stender and Eduard Seregin explain how AI will allow routine operations and complex issues within the tax and legal sectors to be managed with unprecedented accuracy and efficiency.

Sterlington PLLC recruited Alexandra Buckingham as a partner in its private wealth practice in Philadelphia, the firm announced Wednesday.

Jordan M. Halle has joined the tax and business and financial services teams at Shulman Rogers as a shareholder in the Baltimore office, the firm said Wednesday.

Khaitan & Co practitioners discuss the Indian tax landscape for licensing and assignment arrangements of intangible assets.

Columnist Andrew Leahey says state child tax credit programs should make credits targeted, refundable, and responsive to local needs, given the latest federal credit’s shortcomings.