On Wednesday, May 4, 2022, the Federal Reserve Bank announced they will be raising interest rates by a half-point. The rising rates have been at their highest point in more than 20 years, and the increased rates have caused the stock market to go into a frenzy, with the S&P 500 dropping by 3.5% the following day.
by Matin VarshochiThere are many different career paths a person can choose from in pursuit of attaining a high-paying job. The exact salary will differ depending on the field of work, experience, and level of education.
by Sheena AllenOn February 24, 2022, Russia launched a full-scale attack on Eastern Ukraine. As a result of Russian President Vladimir Putin’s actions, countries like Canada, Taiwan, and the United States announced sanctions on Russia’s oil, banks, and military.
by Nailah HerbertThe Internal Revenue Service (IRS) has decided to begin taxing cryptocurrency profits as many did not report having crypto assets, leading to them understating their income and the amount of taxes paid.
by Viviana VazquezBefore the rise of cryptocurrency, the only way to purchase items was through cash, or cash equivalents, such as debit cards and credit cards. However, over the past couple of years, the rise in popularity of different cryptos has caused them to become slowly integrated into our daily lives.
by Matin VarshochiLearning about Initial Public Offerings (IPOs) beyond the buzz will help key to understanding which IPOs are great for building wealth or just a buzz.
by Nadia C. VanderhallThe COVID-19 pandemic caused the economic growth of the United States (U.S.) to come to a halt. As a result, many Americans relied on the COVID-19 relief packages the U.S. government provided.
by Matin VarshochiMany factors to consider when thinking about the right long-term decisions needed to build wealth. Thoroughly researching potential investments will help you make the best long-term investment moves when building your portfolio.
by Matin VarshochiWith the holiday season approaching, millions of people will be conducting their holiday purchases soon. However, a recent report by Deloitte showcased that 11.5% of consumers will not be partaking in the holiday shopping season due to these reasons.
by Viviana VazquezA company’s balance sheet provides a snapshot of the company’s financial position. A company’s income statement shows the company’s gains and losses. A company’s cash flow statement shows how much cash is coming in and out of the business.
by Matin VarshochiThe Bureau of Labor Statistics recently reported that the inflation rate for the past year had surpassed six percent. Protect yourself from inflation by investing your money through these methods.
by Viviana Vazquez