Sat.Sep 30, 2023

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Halloween Shopping Expected to Top $12.2 Billion; The Top Costumes for 2023

CPA Practice

Total Halloween spending is expected to reach a record $12.2 billion, exceeding last year’s record of $10.6 billion, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics. A record number of people (73%) will participate in Halloween-related activities this year, up from 69% in 2022. “More Americans than ever will be reaching into their wallets and spending a record amount of money to celebrate Halloween this year,” NRF President and CEO Matthe

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Consumer Confidence Falls to a Four-Month Low in September

CPA Practice

By Reade Pickert, Bloomberg News (TNS) U.S. consumer confidence slumped to a four-month low in September, dampened by a deteriorating outlook for the economy and labor market. The Conference Board’s index declined to 103 this month from an upwardly revised 108.7 in August, data out Tuesday showed. The figure fell short of the median estimate of 105.5 in a Bloomberg survey of economists.

Finance 52
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Government Shutdown Likely Averted with Last-Minute Temporary Spending Deal in House

CPA Practice

By Laura Weiss and David Lerman. CQ-Roll Call (via TNS). ​House GOP leaders muscled through a 47-day government funding patch Saturday with broad bipartisan support, drawing critical backing from some Democrats who just hours earlier criticized the bill and how quickly GOP leaders were trying to push it through. The 335-91 vote sends the package to the Senate, where lawmakers all morning had been waiting for the smoke signal from their colleagues across the Capitol.

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House and Senate Pass Last-Minute Bill to Avoid Government Shutdown

CPA Practice

By Erik Wasson, Jonathan Tamari and Maeve Sheehey. Bloomberg News (via TNS). The Senate overwhelmingly passed bipartisan legislation Saturday to avoid a disruptive U.S. government shutdown, sending the bill to President Joe Biden for his expected signature just hours before a midnight deadline. The bill passed on an 88-9 vote. [Related: What Would the IRS Do During a Government Shutdown?

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.