Investing News

The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper’s responsibilities into eight basic steps. Many of these steps are often automated through accounting software and technology programs. However, knowing and using the steps manually can be essential for small business accountants working
0 Comments
One of the biggest tax bills that most people pay is the federal income tax calculated on the Internal Revenue Service (IRS) Form 1040 in April of each calendar year. Three other major taxes come from your state or locality: state income taxes, sales taxes, and property taxes. The way that each type of tax
0 Comments
Does your health insurance come with deductibles in the four figures? If so, you’re probably eligible to establish a Health Savings Account (HSA). Used in combination with a High-Deductible Health Plan (HDHP), funds deposited in a HSA can go towards paying medical bills until the plan’s deductible is met and your healthcare coverage goes into effect. HSAs
0 Comments
What Is the SWIFT Banking System? Need to transfer money overseas? Today, it is easy to walk into a bank and transfer money anywhere around the globe, but how does this happen? Behind most international money and security transfers is the Society for Worldwide Interbank Financial Telecommunications (SWIFT) system. SWIFT is a vast messaging network
0 Comments
The Dow Jones Industrial Average (DJIA) is one of the most quoted financial barometers in the world and has become synonymous with the financial markets in general. When people say the market has gone up or down by a certain number of points, there’s a good chance they’re referring to changes in the Dow.  Key
0 Comments
Hong Kong vs. Mainland China: An Overview “The Hong Kong Special Administrative Region is an inalienable part of the People’s Republic of China.” –Article 1, Basic Law “The National People’s Congress authorizes the Hong Kong Special Administrative Region to exercise a high degree of autonomy and enjoy executive, legislative and independent judicial power, including that of
0 Comments
As issues surrounding healthcare and insurance continue to evolve, members of LGBTQ+ communities may begin to see improvements in a long history of under-treatment and poor treatment. LGBTQ+ Americans have faced a long struggle to get the healthcare they need. This struggle intersects with issues such as the training and cultural competency of health professionals
0 Comments
Traders on the floor of the NYSE, June 29, 2022. Source: NYSE (Click here to subscribe to the new Delivering Alpha newsletter.) A majority of Wall Street investors believe the market stands pretty much dead in the water for the rest of 2022 and, as a result, think it’s time to buy dividend-paying stocks, according to the
0 Comments
What Is Airbnb? Airbnb (ABNB) is an online marketplace that connects people who want to rent out their homes with people who are looking for accommodations in specific locales. The company has come a long way since 2007, when its co-founders first came up with the idea to invite paying guests to sleep on an air
0 Comments
Who hasn’t heard of Warren Buffett—one of the world’s richest people, consistently ranking high on Forbes’ list of billionaires? His net worth was listed at $100 billion as of June 2022. Buffett is known as both a savvy businessman and generous philanthropist. He is probably best known for being one of the world’s most successful investors.
0 Comments
What Is Venmo? Venmo started out as a free-of-charge peer-to-peer (P2P) payment app available for iPhones and Android phones. That service is still free, as is using Venmo to pay participating merchants, who now number in the millions. Some other services carry a fee. Payments that go through a credit card account rather than a
0 Comments