In a report released by the National Bureau of Economic Research (NBER), it was seen that the GDP level had reduced a second time, which is the usual indicator of a recession. However, despite the data showing a reduction in consumer spending, the NBER has announced they believe the economy is not in a recession.
by Matin VarshochiEvery year, between January 1 and April 15, one must file tax returns with the federal government. To aid them with determining the amount of taxes owed for each applicant, the federal government uses income tax brackets to determine the effective tax rate.
by Matin VarshochiThe Social Security Act, passed passed 86 years ago, is a key component of retirement income for nearly all individuals. Social security insurance also provides a safety net should a worker become disabled or a family lose their breadwinner.
by Pam Hillfter a couple of weeks of going back and forth, Twitter's board of directors has decided to accept Elon Musk's deal to buy Twitter. So on April 25, 2022, Musk's offer to acquire Twitter for $54.20 a share, or roughly $44 billion, was accepted.
by Sheena AllenIn their Q1 2022 report, Netflix lost 200,000 subscribers, and the company reported it is projected to lose another two million subscribers by the end of Q2.
by Matin VarshochiYour credit score is used by lenders to determine your credit risk when it comes to borrowing money. The higher your credit score, generally speaking, the more you'll be able to borrow, and the lower your interest rate. That can save you thousands of dollars over the life of your loan. So, if you're looking to purchase a home, read on to learn how to optimize your credit score.
by Pam HillIn an attempt to own the social media company, Elon Musk's offer to buy Twitter is around 43 billion dollars. However, the Twitter board has unanimously agreed to adopt a measure called poison pill.
by Sheena AllenElon Musk, founder and CEO of the electric car manufacturer Tesla, became the largest shareholder in the social media company Twitter. Musk, worth an estimated $282 billion, purchased 73 million shares to give him a 9.2% stake in the company.
by Sheena AllenMoney shouldn't be a taboo topic of discussion. April is financial literacy month and it is all about spreading awareness about the importance of financial literacy.
by Sha'Kreshia TerrellWe have built a world that operates almost entirely on the accumulation and proper use of money. And yet, the basic skills of how money works are a mystery to most.
by Shaun MorganStudies on financial education show us that many people consume debt without understanding the true concept of how money works. Without the proper education, we dive further into debt.
by Sha'Kreshia Terrell