Investing News

As U.S. Fed Chair Jerome Powell prepares to discuss monetary policy to try and tame inflation that could slow the U.S. economy, Chinese officials outlined new stimulus measures to give the world’s second-largest economy a boost. China’s State Council rolled out a trillion yuan package in economic stimulus. The latest $146 billion in assistance will

Engaging in a child custody battle can be time-consuming and expensive for all parties involved. The average child custody lawyer may cost anywhere from $1,200 to $4,500 to hire, though the cost may be higher if the case drags out over an extended period of time. When one parent makes significantly less than the other

Australia might not be on people’s radar as a hotbed of entrepreneurial activity, but several business magnates have made their mark in the Land Down Under. Here we briefly catalog three of Australia’s most noteworthy and successful entrepreneurs including John Ilhan, Rupert Murdoch, and Katie Page. Key Takeaways Australians have made their mark on the

Golden Cross vs. Death Cross: An Overview The use of statistical analysis to make trading decisions is the core of technical analysis. Technical analysts use a ton of data, often in the form of charts, to analyze stocks and markets. At times, the trend lines on these charts curve and cross in ways that form

How can people get rid of their student loan debt—and, specifically, when is loan forgiveness an option? We don’t need another statistic to tell us how deep in student loan debt U.S. college graduates are. Total debt and average debt figures don’t mean much, except to say that if the sums you owe keep you

The average trailing twelve months’ net profit margin for companies in the telecommunications sector, as of Q2 2022, is approximately 12.5%, according to CSIMarket.com figures. Net margins typically average about half of a company’s operating profit margins. Gross profit margins for the sector can run as high as 70% to 80%, but extremely high overhead

As of June 2020, the trailing twelve months’ net profit margin for retail or commercial banks was approximately 13.9%. This is a sharp decrease from June 2019, when the net profit margin for commercial banks was 27.6%. For comparison, the net profit margin for commercial banks in June 2018 and June 2017 came in at

When you’re in need of credit, it can be easy to fall victim to predatory lending scams. Whether demanding an exorbitant interest rate on a payday loan, taking your car title as collateral, or pushing a bigger mortgage than you can afford, there are many ways unscrupulous lenders try to take advantage of borrowers. Predatory

Does the debt from your college days seem overwhelming? You’re not alone: Student loans in the U.S. total more than $1.6 trillion. That’s second only to the size of the nation’s mortgage debt. Ironically, the burden of student loans is making it harder for college graduates to buy a home. Politicians are debating what to

If you’ve recently graduated or left college, you might be surprised at how much of your student loan payment goes just to the interest portion of your debt. To understand why that is, you first need to understand how that interest accrues and how it’s applied toward each payment. Key Takeaways Federal loans use a

At the dawn of the 20th century, heavy industry and big business were in their infancy and a great deal of human labor was needed in order to facilitate the mushrooming Industrial Revolution. This quickly led to widespread abuse of workers, including children, who were often consigned to sweatshops where they were forced to toil

What Is Student Loan Bankruptcy? You may have heard that student loans cannot be discharged in bankruptcy. That statement oversimplifies the truth. You actually can get student loans discharged in some cases, but the bar is higher, and the process is more burdensome than it is for other types of debt. Filing for bankruptcy to

Insurance is something needed by all businesses to protect against the risk of loss. With captive insurance, a business can create its own coverage to achieve two goals: protection for the businesses and financial advantages for their owners. Captive insurance is also sometimes promoted chiefly as a tax shelter, but using it this way has its hazards.

Most people and businesses who file (or filed) certain 2019 or 2020 tax returns late are going to receive penalty relief in the form of refunds or abatements from the Internal Revenue Service (IRS). Even if you already paid those penalties, the IRS intends to issue refunds or credits. The agency says nearly 1.6 million

When you change jobs, you generally have four options for your 401(k) plan. One of the best options is doing a 401(k) rollover to an individual retirement account (IRA). The other options include cashing it out—and pay taxes and a withdrawal penalty, leave it where it is—if your ex-employer allows this, or transfer it into

A vasectomy, a surgical sterilization for those with testes, is up to six times cheaper than a tubal ligation, the surgical procedure designed to permanently prevent pregnancy by interrupting the movement of eggs from the ovaries. The reason for the cost difference is simple, says Peter Weiss, M.D., assistant clinical professor of obstetrics and gynecology

Credit Sesame is a free personal financial management tool that assists users with monetary liabilities. While other financial management tools incorporate bank accounts, retirement investments, and target savings goals, Credit Sesame stays on the debt side of the transaction. It specializes in tracking and monitoring the financial obligations of each user as well as providing

Being your own boss is a wonderful feeling, but it also comes with the responsibility of knowing how much to charge for your services. You may enjoy the freedom to take your career in whatever direction most interests you and to decide your own work schedule, dress code, and daily routine. But you also have

Key Takeaways Nvidia’s data center revenue came in below analysts’ expectations, with growth decelerating from the previous quarter’s pace. Demand for services offered by data centers has grown rapidly during the pandemic, boosting demand for Nvidia’s chips. Nvidia’s data center segment is its biggest platform, with data center revenue eclipsing gaming revenue. Source: Predictions based

Fitness equipment company Peloton Interactive, Inc. (PTON) announced, on Aug. 24, 2022, a deal to sell a variety of its products through Amazon.com, Inc. (AMZN). Previously, Peloton’s new products and accessories were sold strictly through its own e-commerce site, inside sales channels, and global showrooms. Peloton indicates that this initiative is designed “to innovate and