Discover the Leading Economic Index (LEI), its components, and how it forecasts future U.S. economic trends. Essential for ...

A business expenditure is deductible if it is ordinary and necessary as defined in IRC section 162. The “all-events test” generally determines the timing of the deduction. The Tax Court recently ...

As Chicago Bears President Kevin Warren pushed for a new football stadium on the lakefront, he said that if you look around today’s Chicago, you see a paucity of cranes in the sky. That’s visual ...

More than two years into the Covid-19 pandemic, it’s time to draw some conclusions about government policy and results. The most comprehensive comparative study we’ve seen to date was published last ...

Recent reports indicate the US economy experienced negative growth in the first quarter, creating a stark contrast with the stock market’s performance. This economic contraction comes at a time when ...

Several readers objected to my recent column about economic illiteracy colliding with feelings about today’s booming economy. I was tempted to quote a pithy bumper sticker about the relevance of ...