Latest News

How Did Toys R Us Fail? Lessons for Investors and Entrepreneurs

By the time Toys R Us filed for liquidation -- putting approximately 30,000 employees out of work -- it was no longer much of a surprise. Toys R Us had already filed for bankruptcy six months prior, and though the toy store giant had optimistic plans about turning itself around, many were skeptical. The closure of Toys R Us not only left many wondering how a business so large could fail so substantially, but also what lessons could be learned from its demise. Let's take a look at these lessons below. A Company Embroiled in Debt There are very few ...Continue reading

A Recent History Of American Tariffs: Why They Have Succeeded Or Failed

Will a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports help the American steel and aluminum industries? President Donald Trump said he thinks they will. Consequently, he imposed these tariffs on most foreign nations on March 8, a decision that takes effect on March 23 and will exempt Canada and Mexico. "We have to protect and build our steel and aluminum industries, while at the same time showing great flexibility and cooperation toward those that are really friends of ours," Trump said as he announced the new policy. Trump imposed the tariffs because he ...Continue reading

Report: Women are Wealthier Than Ever Before

Earlier in March, millions of women celebrated "International Women's Day" -- a largely politicized demonstration wherein participants typically lament over wealth disparities between the two genders. However, one new report suggests things might not be so bad for the fairer sex. More and more money managers are interested in attracting and serving wealthy female clients. These women are beginning to have a major impact on the investment industry and the economy as a whole via the values, such as social and environmental impact, that they express through their portfolios. The Boston Consulting Group found that the amount of private wealth ...Continue reading

What are the Real Pros and Cons for Bitcoin?

A few days ago, Google announced its decision to ban any ads related to cryptocurrency on its network. The International Monetary Fund also announced its decision to do the same, recommending an international crackdown on the use of Bitcoin and other cryptocurrencies for the purpose of money-laundering. After these announcements, the value of Bitcoin began to decline. It appears that Bitcoin's slump has ceased for now. In fact, the value of Bitcoin recovered slightly on Thursday morning. Many investors are left wondering, however, if buying into the trend is still worth it. Bitcoin Dips Below $8,000 Bitcoin first declined below ...Continue reading

Bitcoin Price Drops By 10% As Hackers Exploit Binance’s API Keys

The world of cryptocurrency is always full of surprises, and you never know what awaits you when you wake up every morning. Happenings in this sector can be likened to a ride on a bumpy rollercoaster, where one minute you are on top of your game and abruptly hit rock bottom in the next few seconds. Such is the volatility of the cryptocurrency industry. A few weeks ago, everything seemed calm, and the leading cryptocurrency Bitcoin was showing all signs of gaining significant value and stabilizing after a long period of instability. The price of one Bitcoin moved from $6,150 ...Continue reading