Results for "profits"28 results found.
Federal Reserve Announced Interest Rate Hike

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 Varshochi
Top Paying Jobs in America of 2022

There 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 Allen
The Russia-Ukraine War is Impacting Gas Prices

On 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 Herbert
How is Crypto Taxed?

The 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 Vazquez
More Celebrities are Getting Paid in Crypto, and Here’s Why

Before 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 Varshochi
Initial Public Offerings (IPOs) | Investing for Beginners

Learning 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. Vanderhall
The Inflation Rate’s Rising: Here’s Why You Need to Invest

The 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 Varshochi
Industries to Consider For Long-Term Investments

Many 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 Varshochi
Lower-Income Families to Opt-Out of Holiday Spending

With 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 Vazquez
How to Read Financial Statements | Investing for Beginners

A 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 Varshochi
The U.S. Inflation Rate is at Its Highest Since 1990

The 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

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