Investing News

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

Depreciation Expense vs. Accumulated Depreciation: an Overview The basic difference between depreciation expense and accumulated depreciation lies in the fact that one appears as an expense on the income statement (depreciation), and the other is a contra asset reported on the balance sheet (accumulated depreciation). However, both pertain to the “wearing out” of equipment, machinery,

If you’re in the market to buy or sell a home, odds are you’ll work with a real estate agent to help you through the process. Most real estate agents are paid for their services through commissions that are based on a percentage of the property’s selling price. How much money agents make each year

Rates on 30-year mortgages took a dive Wednesday, dropping almost two-tenths of a point to slip back under the notable 6% threshold they breached on June 13. Averages in the 6% range hadn’t previously been seen since 2008. National averages of the lowest rates offered by more than 200 of the country’s top lenders, with

IRS Form W-9, Request for Taxpayer Identification Number and Certification, is used by businesses to get tax information from external parties. The information provided on Form W-9 informs the company of what information to include in the Form 1098 or Form 1099. Let’s take a look at who is required to fill out a W-9,

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares fell on Wednesday after rival crypto exchange Binance.US said it’s dropping certain trading fees for customers. Binance.US, the U.S. affiliate of the

When it comes to unemployment, different parts of the United States are affected in distinct ways by the current economic circumstances. While the national unemployment rate provides a good indicator of how the country is doing as a whole, it can diverge considerably from what you might be facing in your home state. That’s where

When you have a big project to pay for and equity in your home, a home equity loan can be an obvious choice for quick and relatively low-interest cash. But, as with any kind of borrowing, home equity loans aren’t free. All home equity loans charge interest and most also charge fees that can significantly

A common size financial statement displays line items as a percentage of one selected or common figure. Creating common size financial statements makes it easier to analyze a company over time and compare it with its peers. Using common size financial statements helps you spot trends that a raw financial statement may not uncover. All

Most Americans probably consider inflation in the short term when they go to the grocery store to buy food or fill up their vehicle with fuel. Not only does inflation affect the prices of consumer goods in the short-term, but inflation must also be considered when planning for costs in the future. On an individual

Islamic finance refers to how businesses and individuals raise capital in accordance with Sharia, or Islamic law. It also refers to the types of investments that are permissible under this form of law. Islamic finance can be seen as a unique form of socially responsible investment. This subbranch of finance is a burgeoning field. In

Pro athletes often come under fire for making too much money. Yet a surprising number are far from the top of their game when it comes to managing their wealth. A 2009 Sports Illustrated report estimated that 78% of National Football League (NFL) players file for bankruptcy or are experiencing financial stress only two years

In this article NTAP ORCL IHS BAC AAPL Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters It’s just about the middle of the year, and there’s no end in sight for stock market volatility. Investors, already reeling from sharp declines in

As marketing continues to evolve in the 21st century, one of the most successful concepts has been holistic marketing, a strategy to move marketing beyond the marketing department to an enterprise-wide role in strategy for all business functions. Rather than working in silos on isolated advertising projects like traditional marketing departments, holistic marketers identify opportunities,

Thinking about graduate school? As if figuring out what to do isn’t tough enough, it’s even tougher to figure out how to pay for it. Depending on the program, graduate school education can cost close to six figures. Even with scholarships and grants, grad students often rely on student loans to get by. Unfortunately, after

Work/life balance—the ongoing process of striking a balance between one’s work or career and the other aspects or demands of life (including family, leisure, and personal responsibilities)—is an ongoing challenge of contemporary existence. Even before COVID-19 turned homes into makeshift offices, several mega-trends made it more difficult to achieve work/life balance. One factor is technological

E*TRADE and Fidelity are full-service online brokers that have been around for decades. Founded in 1982, E*TRADE was one of the first U.S. brokers to offer online trading services. The firm positioned itself as one of the best online brokers for options trading after acquiring OptionsHouse in 2016 and integrating a quiver of OptionsHouse tools

You have your eye on a basement remodel and have decided to take out a home equity loan to help pay for it. Now it’s time to find a lender that has it all—low interest rates, reasonable fees, and a repayment plan that suits your monthly budget. If you already have a mortgage on your

What Is TikTok? TikTok is a popular social media app that allows users to create, watch, and share 15-second videos shot on mobile devices or webcams. With its personalized feeds of quirky short videos set to music and sound effects, the app is notable for its addictive quality and high levels of engagement. Amateur and

Movie theater companies own and operate cinemas and concession stands in both local and national chain models. As a component of the consumer discretionary sector, movie theaters tend to perform well when customers have disposable income and poorly when the economy is struggling or during times of market turbulence. The COVID-19 pandemic devastated movie theaters