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Initial jobless claims spike to highest since 2021
Total new filings for jobless benefits rose to 261,000 last week, the highest since October 2021, the Labor Department reported on Thursday.

Wayfair turns five: A coming of age story
With so many questions remaining five years after Wayfair, sales and use tax nexus planning remains critically important.

Economy added 339,000 jobs in blowout May employment report
The unemployment rate increased to 3.7% as workers rejoined the labor force.

The Power of AI: Boosting Worker Productivity
Learn how Artificial Intelligence is transforming worker productivity and its impact on businesses and the labor market.

Hiring Your Child Can Help You Save Big in Taxes
Hiring your child for your business can lead to significant tax savings by shifting income, reducing taxes, and reducing FICA and FUTA obligations. However, it's crucial to follow employment laws and withhold appropriate taxes. Learn more about the benefits and rules for hiring your child.

Job openings exceed 10 million as labor market imbalance widens
With 10.1 million job vacancies in April, the openings-to-unemployed ratio—a proxy for labor demand and supply mismatches—surged to 1.79 from 1.64 previously.

Minnesota adopts retail delivery fee
Fifty-cent delivery fee on tangible personal property deliveries is intended to increase revenues for state transportation-related expenditures.

Fitch puts U.S. on ratings watch negative
It is time for the Federal Reserve to act pre-emptively to ensure well-functioning financial markets and signal to global market participants that the /8bond rating on U.S. Treasuries will remain unchanged.

A check on tech: The rise of SOC reporting
Requests for #SOC reports are on the rise. And they're only going to grow. Read our new e-book for a road map to simplified SOC reporting.

Why your company needs multifactor authentication
Companies should use multifactor authentication as part of a layered security strategy that includes identity and access management which exceeds passwords.

RSM US Financial Conditions Index: Debt ceiling standoff to cause volatility
As of Friday, our composite RSM US Financial Conditions Index remained at 0.9 standard deviations below neutral, corresponding to higher levels of risk than would normally be priced into securities.

U.S. economy remains resilient, but numerous risks loom
Despite sticky inflation and rising interest rates, the economy keeps rolling along. But risks like the debt ceiling standoff could derail that.