Author: EconLearner

It sounds like a cliché, but I was recently asked about Nokia on the golf course. I had just returned from a Nokia-sponsored analyst conference at the fancy Biltmore Hotel in Phoenix, and a friend of mine was curious about what they were up to. “Are they still making phone calls?” asked the friend, who is a retired property consultant. That could be a question most people would ask, not knowing that the company is in the process of a long diversification effort from telecom infrastructure. In fact, Nokia still sells phones. But now it has new growth in the…

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The IRS has offered some guidance on the employee retention credit in the form of Frequently Asked Questions.getty Taxpayers and tax preparers assumed that the One Big Beautiful Bill Act (OBBBA) would answer some unanswered questions about the controversial Employee Retention Credit (ERC) program — and it did. The IRS has now issued FAQs to help taxpayers understand how the OBBBA provisions affect ERC claims and refunds. Here’s what you need to know. What is the ERC Programme? The ERC program was intended as a way to help businesses keep the lights on during the pandemic. Under the ERC program,…

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AI as your tireless co-founder: transforming operations, augmenting human talent, but still needing a human touch to drive success.gettyWhat if your next co-founder never sleeps, never asks for equity, and can code, analyze markets, and manage customers all at the same time? For startups operating on tight budgets, agent AI promises just that—intelligent systems capable of conducting market research, writing code, managing customer communications, and optimizing supply chains in real time. Two years ago, this sounded like science fiction. Today, it’s a living experiment that forces entrepreneurs to confront what it really takes to build a business.The race to replace…

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State Street Chief Investment Strategist Michael Arone (left).Photo of Santa Barbara State Street chief investment strategist Michael Arone says he’s still bullish on the market heading into 2026 — just not comfortably so. “I’m uncomfortably bullish,” Arone told a packed room of wealth managers last Thursday at the Forbes/SHOOK Top Advisor Summit at Wynn Las Vegas. “We’ll get stimulus from the One Big Beautiful Bill—with a big tax refund next season, more rate cuts from the Fed and continued double-digit earnings growth,” he said. “This is a powerful combination, but the margin for error is small.” With the S&P 500…

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Predictions 2026: The Future of Global Technology LeadershipForrester2026 will not be for the faint of heart — or the weak on a budget. Tech leaders are about to face a year that’s part roller coaster, part chess match and part comedy. According to Forrester research, most CIOs will have more budget, but also more headaches, more volatility and more pressure to prove that every dollar spent is worth its weight in gold-plated AI chips. Here are three of our predictions for 2026 to help you chart your course: A quarter of CIOs will be called upon to rescue business-driven AI…

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Some functions in IRS remain open during the shutdown.getty Due to the government shutdown—now in its third week—IRS operations are limited. Despite the need to prepare for the upcoming tax filing season—with new tax laws like no tax on tips—the IRS has laid off about half of its employees. This means that some businesses, such as Criminal Investigation, remain open while others, such as Taxpayer Assistance Centers (TACs), are closed. Here’s what you need to know. Do I need to file my taxes? Yes. You must continue to file taxes as normal. All tax deadlines remain in effect, including those…

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JAENSCHWALDE, GERMANY – AUGUST 20: Steam rises from the cooling towers at the Jaenschwalde coal-fired power plant on August 20, 2010 in Jaenschwalde, Germany. The Jaenschwalde power plant is one of the largest single producers of CO2 gas in Europe. The region of northern Saxony and southern Brandenburg is marked by active and former coal mines that feed local power stations such as Jaenschwalde, and a large-scale project is underway to flood the huge pits and turn them into lakes for tourism. The Lausitz and Middle German Mining and Administration Association (LMBV) is turning a total of 51 former mines…

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A new auto loan interest deduction applies to tax years 2025 to 2028 and allows you to deduct interest paid on a loan used to purchase a qualifying vehicle.getty The IRS has released new guidance to help businesses adapt to new auto loan interest reporting requirements under the One Big Beautiful Bill Act (OBBBA). The guidance is formalized in Notice 2025-57, which provides temporary relief and guidance for auto loan lenders and other interest beneficiaries required to file information returns with the IRS and provide statements to borrowers as the new rules take effect. Transitional relief is available in 2025…

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