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The Federal Reserve has changed its policy stance considerably in the last few months in reaction to elevated inflation and strong recovery in the labor market. Financial markets now point to about five 25 basis point interest rate hikes in 2022, in contrast with less than one predicted as recently as September 2021. This is…

Published July 02, 2026, 10:59 a.m. EDT 17 Min Read The IRS now uses 126 active AI projects, up from just 10 two years ago. This rapid change, which has not been widely communicated to professionals, is changing how the IRS selects audits, detects fraud, and enforces rules. These changes directly im…