On December 16, 2020, the Financial Accounting Standards Board issued rulings on the expensing of stock options. According to the FASB, this rule: "addresses users’ and other parties’ concerns by requiring an entity to recognize the cost of employee services received in share-based payment transactions, thereby reflecting the economic consequences of those transactions in the […]

The U.S. Department of Commerce estimates the U.S. trade deficit for October 2004 to be $55.5 billion, up 10% over the trade deficit of $50.9 billion in September and the monthly average deficit of $50.1 billion in Q2 2004. This deficit reflects the position of the U.S. dollar as the world’s premier trading currency and […]

The U.S. trade deficit has become essential in financing spending of the U.S. government and American consumers. This critical source of funds depends upon continuity of international acceptance of the dollar as the preferred means of payment in international trade. Since 2002, the U.S. currency has fallen against the euro, causing worries that the […]