Investing News

The highly publicized back-and-forth between Tesla Inc. (TSLA) CEO Elon Musk and Twitter Inc. (TWTR) continues. On July 8, Musk filed an amendment to a Schedule 13D with the U.S. Securities and Exchange Commission (SEC) with the intention of terminating his April deal to purchase the social media giant. Twitter’s board has signaled plans to

The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper’s responsibilities into eight basic steps. Many of these steps are often automated through accounting software and technology programs. However, knowing and using the steps manually can be essential for small business accountants working

Keeping financial accounts safe from cyberattacks has become more important than ever as Internet crimes continue to rise. The Federal Bureau of Investigation estimates that cybercrime cost its victims $6.9 billion in 2021. If you have a 401(k) or another plan covered by the Employee Retirement Income Security Act (ERISA), you may be wondering whether

Earning more money is the primary goal of most Americans—and in the past few years, they’ve found that changing jobs is the fastest way to do so. Gone is the era of 20 years at the same company with a gold watch at retirement. The average American stays at a job for 4.1 years, according

Saving in a 401(k) is an opportunity to build wealth on a tax-advantaged basis. Most people, however, may not be aware that there are multiple players working behind the scenes to keep a 401(k) plan running smoothly. Some of these players are required to follow a fiduciary duty; others are not. A 401(k) custodian generally

For those investors who believe that Bitcoin (BTCUSD) is likely to crash at some point in the future, shorting the currency might be a good option. The number of venues and ways in which you can short Bitcoin has multiplied with the cryptocurrency’s increasing spotlight in mainstream finance. Here are some ways that you can

The market for fully electric vehicles is growing. The reasons are many, including new regulations on safety and vehicle emissions, technological advances, and shifting customer expectations. But much of the mainstream acceptance and excitement for electric cars can be attributed to Tesla Motors Inc. (TSLA) and its unique business model. Tesla founder and CEO Elon Musk

Thinking about becoming a real estate agent? You’re in good company. Every month, about 17,000 people in the U.S. Google “how to become a real estate agent,” as they consider joining the nation’s estimated 3 million active real estate licensees. Key Takeaways You can become a real estate agent in about four to six months,

Oil prices plummeted yesterday in their biggest daily drop since March, reflecting concerns about a potential global recession and lockdowns in China that could slash demand. Light sweet crude closed below $100 per barrel for the first time in two months. Citi analysts believe prices could go a lot lower. In a note to clients, Citi analysts said oil prices

Blockchain, the technology behind cryptocurrencies such as bitcoin, could actually change the way we manage 401(k)s. Pundits claim blockchain represents the biggest breakthrough since the internet, with the potential to improve just about everything in our lives, including our health and bank balance. Here’s how it might also increase the amount of money we have

Often investors and traders alike do not fully understand what happens when you click the “enter” button on your online trading account. If you think your order is always filled immediately after you click the button in your account, you are mistaken. You might be surprised at the variety of possible ways in which an

If you’re renting an apartment or home, you’ll need an insurance policy to cover your belongings. Your landlord‘s property insurance policy covers losses to the building itself; whether it’s an apartment, a house, or a duplex. Your personal property and certain liabilities, however, are covered only through a renter’s insurance policy that you, as a

Most young Americans are not thinking about life insurance policies, but they should. Life insurance is the ultimate financial tool for those big “what if” moments. It can be useful even when the death benefit is not triggered, as long as it is used appropriately. Life insurance is not a panacea, and some younger Americans

On Nov. 1, 2021, at the start of the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow, Scotland, the White House issued two strategies to address climate change, one at home and one abroad. The first, titled “The Long-term Strategy of the United States: Pathways to Net-Zero Greenhouse Gas Emissions by 2050,”

A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Investors just can’t seem to find a trough in this bear market, and are struggling to hold on to any optimism amid growing concerns of a possible recession.  However, the key to surviving a bear market successfully

GAAP vs. Non-GAAP: An Overview The generally accepted accounting principles (GAAP) are the standardized set of principles that public companies in the U.S. must follow. Thorough investment research requires an assessment of both GAAP and adjusted results (non-GAAP), but investors should carefully consider the validity of non-GAAP exclusions on a case-by-case basis. The reason is

The highest and lowest unemployment rates in the world vary dramatically, even among the Earth’s largest economies. Unemployment in the United States, the largest economy in terms of gross domestic product (GDP), was at 3.5% by the end of February 2020—the lowest rate in half a century—but quickly rose to 14.7% by April in the wake

Portfolio management means different things to different people, but generally, it is a way of balancing risks and rewards. And while the goal of any investment strategy seems straightforward—to make money—it often depends on an investor’s circumstances. For example, a young person new to the full-time workforce might reasonably expect his investment portfolio to grow

Carbon dioxide (CO2) is an odorless gas that is highly important to life on Earth. CO2 is also known as a greenhouse gas; an excessive concentration can disrupt the natural regulation of temperature in the atmosphere and lead to global warming. The concentration of CO2 has especially increased as a result of the Industrial Revolution

While the S&P 500 posted its worst performance for the first half of the year since the 1970s, and other global markets have struggled as central banks raise interest rates, there’s a bull market underway in China. Easing virus restrictions and a looser policy stance have helped Chinese equities defy the recent sell-off of global stocks. Chinese authorities also